The project could have benefited from more careful preparation. The project was prepared through a sequence of four processing missions, without the benefit of dedicated project preparatory TA. In retrospect, given the weaknesses in the DMF, the four departures from the original scope of work, and the methodological shortcomings in the EIRR calculation, the project could have benefited from more careful preparation. Due to the unexpected long delay between the end of the last processing mission and the project’s approval following the political instability during 2000– 2002, there was ample opportunity for a more complete preparation. Small-scale project preparatory TA should have been considered during this period to better prepare the project.
Fiji Ports Development Project (Loan 1902-FIJ)