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Lesson
There is a need for ADB projects to further strengthen the quality of economic analysis.

Project Number: 41462-013
Project Name: Comprehensive Socioeconomic Urban Development Project in Viet Tri, Hung Yen, and Dong Dang
Report Date:
Lesson
For consistency in economic analyses, a common methodology must be used by all—the ADB staff, consultants, and the government.

Project Number: 41462-013
Project Name: Comprehensive Socioeconomic Urban Development Project in Viet Tri, Hung Yen, and Dong Dang
Report Date:
Lesson
It is crucial to formulate performance indicators that demonstrate linkages within the results chain; this will ensure a better assessment and accounting of project achievements.

Project Number: 42334-013
Project Name: Rural Roads Improvement Project
Report Date:
Lesson
It is incorrect to value generated traffic in terms of vehicle operating cost savings.

Project Number: 37066-013, 37066-063
Project Name: Rural Roads Sector II Investment Program (Project 5 and Multitranche Financing Facility)
Report Date:
Lesson
In assessing the economic benefits where road projects promote substantial economic development such as rural roads, the level of generated traffic needs to be explicitly considered, estimated, and valued accordingly in terms of consumers’ surplus.

Project Number: 37066-013, 37066-063
Project Name: Rural Roads Sector II Investment Program (Project 5 and Multitranche Financing Facility)
Report Date:
Lesson
To better monitor the achievements under an MFF, any revisions in the targets of the MFF entail a revised DMF and should be clearly reported in the periodic financing requests of succeeding tranches.

Project Number: 37066-013, 37066-063
Project Name: Rural Roads Sector II Investment Program (Project 5 and Multitranche Financing Facility)
Report Date:
Lesson
Sex-disaggregated key indicators should be incorporated in ongoing and future investment programs.

Project Number: 37066-013, 37066-063
Project Name: Rural Roads Sector II Investment Program (Project 5 and Multitranche Financing Facility)
Report Date:
Lesson
As a development bank, identifying value addition to road infrastructure investments in the DMF will give more relevance to ADB interventions.

Project Number: 46145-001
Project Name: CAREC Corridor 3 (Shymkent–Tashkent Section) Road Improvement Project
Report Date:
Lesson
Individual DMFs must be prepared for each MFF project to enable the comprehensive assessment of project achievements.

Project Number: 40031-023
Project Name: Rajasthan Urban Sector Development Investment Program (Tranche 1)
Report Date:
Lesson
The DMF for the Infrastructure Project Development Facility (IPDF) was not adequate to assess IPDF’s performance as an institution, with targets that were limited to the number of PPP projects. It should have included measures on the level of private sector investment in infrastructure in general, and specifically on PPP projects, together with some regional comparisons.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
When doing the design and monitoring framework (DMF) exercise, outcomes should describe the immediate and direct benefits of the project. Outcome statements articulate the change the project is expected to achieve—in this case, the management of in-migration. No separate outcome statement or concept was included in the DMF.

Project Number: 38049-013
Project Name: Urban Infrastructure Development Project
Report Date:
Lesson
The original forecasts for traffic intensity on the road section may have not warranted a four-lane road improvement (para. 13). While the PCR listed an economic downturn in Uzbekistan for this, the validation notes that the methodology followed for the estimation of traffic intensity at initial appraisal, contract completion, and reappraisal was poorly structured. Estimating traffic based upon extremely short surveys is known to introduce significant potential inaccuracies. This appears to be a common issue, with insufficient emphasis being placed upon traffic surveys.

Project Number: 42107-033
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program (Tranche 2)
Report Date:
Lesson
A number of the indicators in the DMF are framed inadequately. For example, the indicator related to road beneficiaries claimed that 4.5 million people would benefit. It was not clear how this was measured, as the area of the project itself is basically uninhabited. While it was also clear that some indicators were dropped during project implementation, such as the number of women expected to benefit from the project (para. 16).

Project Number: 42107-033
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program (Tranche 2)
Report Date:
Lesson
Traffic forecasts could be more realistic considering the low traffic volumes in the XME’s and local roads’ initial years of operation. The PVR adds that stronger evaluation on economic efficiency aspects is needed to demonstrate the performance of the individual project components and how these contribute to the EIRR.

Project Number: 42018-013
Project Name: Anhui Integrated Transport Sector Improvement Project
Report Date:
Lesson
ADB needs to develop better techniques for forecasting traffic because the use of country-wide aggregates to forecast traffic on specific roads often leads to gross over-estimation.

Project Number: 41121-023, 41121-033, 41121-043, 41121-053
Project Name: MFF-CAREC Corridor 1 (Zhambyl Oblast Section) Investment Program
Report Date: