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CSV
Lesson
Data collection on all Indicators in each tranche project should be ensured to facilitate a reliable assessment of the accomplishments and performance of each project and the entire MFF. The executing agency (EA) is required, as part of the government’s undertakings, to establish a project performance monitoring system to collect and measure baseline data on the performance Indicators in the design and monitoring framework (DMF) during implementation and to submit to ADB, as self-evaluation, the government’s completion report for the implemented projects.

Project Number: 44483-024, 44483-023, 44483-026, 44483-027
Project Name: Second Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
ADB should help the executing agency strengthen its capacity in procurement planning, bid evaluation, and contract award in accordance with ADB’s procurement guideline. Because of the disagreement between the executing agency and ADB regarding bid evaluation results, the procurement of civil works for Project 2 was significantly delayed. The divergent views centered on particular restriction provisions, including abnormally low bids, collusions, and conflicts of interest.

Project Number: 44483-024, 44483-023, 44483-026, 44483-027
Project Name: Second Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
Project readiness challenges could result in sequential delays of the different tranches in an MFF, leaving insufficient time for implementation within the MFF term and making MFF less relevant. Prior to the approval of each tranche, the initial design for each project was prepared to varying degrees.

Project Number: 44483-024, 44483-023, 44483-026, 44483-027
Project Name: Second Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
Timely and appropriate changes in scope enhance program success.

Project Number: 41116-013, 41116-043
Project Name: Jammu and Kashmir Urban Sector Development Investment Program (Project 3 and Multitranche Financing Facility)
Report Date:
Lesson
The technical and advisory support of ADB is important to assist executing agency re-assess the feasibility of the original scope of the MFF and make the necessary adjustment, as well in the ongoing and future tranches.

Project Number: 41116-013, 41116-043
Project Name: Jammu and Kashmir Urban Sector Development Investment Program (Project 3 and Multitranche Financing Facility)
Report Date:
Lesson
Dedicated resources to support the institutional component of the MFF strengthen its design and implementation.

Project Number: 41116-013, 41116-043
Project Name: Jammu and Kashmir Urban Sector Development Investment Program (Project 3 and Multitranche Financing Facility)
Report Date:
Lesson
For infrastructure investments, establishing contractual provisions on contractor's performance, such as mobilization, staffing, and deployment of equipment and funds strengthen project implementation.

Project Number: 41116-013, 41116-043
Project Name: Jammu and Kashmir Urban Sector Development Investment Program (Project 3 and Multitranche Financing Facility)
Report Date:
Lesson
For monitoring MFF, a well-designed DMF provides guidance for each tranche where deliverables with clear milestones can easily be cascaded to the envisioned tranches. Then, any implementation issue, requiring changes in scope, can be properly monitored and their impact to the overall delivery can be easily assessed.

Project Number: 41116-013, 41116-043
Project Name: Jammu and Kashmir Urban Sector Development Investment Program (Project 3 and Multitranche Financing Facility)
Report Date:
Lesson
The ownership and rationale of policy reforms need to be carefully assessed at appraisal. Strong ownership and consistent government support are critical to the success of program loans. As such, the ownership and rationale of policy reforms should be carefully assessed at appraisal. In assessing ownership, it is important to remember that policy actions affect many stakeholders, both within and outside the government.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
The design and monitoring framework (DMF) should be reviewed and updated as necessary during implementation to ensure continued alignment with other aspects of the program. The outcome and output indicators in the program DMF had been developed at appraisal for achievement over a relatively short period of 24 months. However, when program implementation was extended by 23 months to November 2019, an opportunity was missed to update the targeted dates for the indicators, which were measured about 1 year after the extended program completion date.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
Continued engagement by ADB with the government is imperative. To maintain reform momentum, ADB’s continued engagement with the government is a must even after the program is completed. One mechanism could be through a post-program partnership framework. While facilitating monitoring of the borrower’s compliance with loan covenants, this will also enable ADB to identify follow-on actions where it can have value addition.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
Consensus-building requires sufficient time for meaningful and in-depth consultations with various stakeholders. This program’s experience has demonstrated that building consensus between the government and the private sector, as well as among government departments, could take much longer than envisaged. The program design to strengthen the staffing of three major regulatory institutions within 2 years was optimistic, and a more realistic timeframe should have been considered. Future programs that will necessitate consensus-building should provide ample time for this type of activity.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
Harmonizing guidelines used in the preparation of the government’s PCR with that of ADB’s is imperative.

Project Number: 39265-022
Project Name: Western Regional Road Corridor Development Project, Phase 1
Report Date:
Lesson
Firming-up sufficient project financing before implementation helps ensure timely completion.

Project Number: 39265-022
Project Name: Western Regional Road Corridor Development Project, Phase 1
Report Date:
Lesson
A comprehensive and thorough review of the detailed design at prefeasibility and detailed design stage, including accurate cost estimates, helps in facilitating better project implementation.

Project Number: 39265-022
Project Name: Western Regional Road Corridor Development Project, Phase 1
Report Date:
CSV