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Lesson
TA implementation could be more challenging due to the involvement of different stakeholders. For future similar TA projects, it is recommended that ADB consider direct financing and independent administration. This will put implementation and consultants’ recruitment under project team control.

Project Number: 54265-001
Project Name: COVID-19 Solidarity Fund for Kazakhstan
Report Date:
Lesson
Cofinancing can create conditions for the continued engagement of partners. The TA established partnerships with government agencies, domestic research organizations and universities, and private sector, which helped enrich the project content and developintegrated solutions. The cofinancing from Government of Japan's High-Level Technology (HLT) Fund helped mobilize an international firm with advanced technologies (earth observations and ICT) and good in-country experiences.

Project Number: 53035-001
Project Name: Sustainable Fodder Management
Report Date:
Lesson
Successful resource mobilization is crucial for the implementation of energy projects. The TA experience highlighted the need to identify and gather multiple donors for cofinancing both physical and non-physical investments.

Project Number: 44184-012
Project Name: Afghanistan and Turkmenistan: Regional Power Interconnection Project
Report Date:
Lesson
Trust funds and cofinancing can play a crucial role in supporting innovation and high-level technology transfer, which may not happen without such support due to limited ADB internal TA funding. Therefore, it is important that project teams pay more attention to effectively promote visibility and raise awareness of cofinancier contribution and support to ADB TAs and projects.

Project Number: 53054-001
Project Name: Smart Energy System for Mongolia
Report Date:
Lesson
The risks associated with single-tranche loans can be mitigated through proper management of the loan proceeds and control of the project cost. The ADB loan was featured to have a single tranche disbursement arrangement to address currency mismatch and hedge financial risks arising from foreign borrowing. In the early stage of project implementation, the full amount of the ADB loan ($90.8 million) was disbursed as an advance and exchanged to local currency.

Project Number: 41682-039
Project Name: Greater Mekong Subregion Highway Expansion Phase 2 Project
Report Date:
Lesson
Aligning the financing instruments with the development needs and capacity of institutions is another key factor for ensuring the quality of design of value chain projects. For this project, grant financing and technical assistance (TA) were used to support product quality, institutional framework, and deposit guarantee during the initial phase. These were followed by a package of loans and TA to support loans for onlending and capacity building during the expansion phase.

Project Number: 39229-022
Project Name: Agriculture and Rural Development Project
Report Date:
Lesson
The selection of appropriate project financing modality (through feasible project design) in line with country capacities is a crucial factor in achieving complex project objectives and overall project success. Availability of financing that is time-bound, such as multitranche financing facilities or sector lending puts the onus on the counterpart government to ensure project readiness from its side.

Project Number: 35448-013
Project Name: Omnibus Infrastructure Development
Report Date: