Appraisal estimates of FIRR as an example need to be constantly reviewed in the course of project implementation—appraisal methodological errors should not be discovered during a completion mission.Sector-level lessons. The special features of the project design needs to be further promoted where possible. For example, (i) the PCR is silent about the parallel investments of other stakeholders and/or development partners to stimulate city development; (ii) it was anticipated in the RRP that the project would enable simultaneous investments in Thanh Hoa’s key economic sectors, not only by ADB but also by other development partners; and (iii) similarly, there is no comment on the failure of the THPPC to coordinate with CDIA-financed activities to prepare an updated draft master plan for Thanh Hoa.
Thanh Hoa City Comprehensive Socioeconomic Development Project