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Lesson
Project preparation should have included better articulation of the need or logic for integrating a program loan and a project loan in a sector development program (SDP). Policy dialogue, which is essential to clearly establish an understanding among the executing agencies that policy reforms and project loan financed investments are interlinked, should have been undertaken; however, this was missing in this SDP. Two separate loans delivered in sequence may have been preferable and more manageable.

Project Number: 39305-013
Project Name: Urban Public and Environmental Health Sector Development Program
Report Date:
Lesson
A project performance management system provides a framework to assess the project results better. It incentivizes a sound evaluation of a project as well strengthening the basis of development impact. This is essential for a rural development project where project’s intended benefits and development impacts are not easily identified or quantified.

Project Number: 45084-002
Project Name: Coastal Climate-Resilient Infrastructure Project
Report Date:
Lesson
Financing a series of smaller projects within a broader financing structure can provide efficient infrastructure improvement support on a larger scale. Although the project completion report indicated that these types of projects should contain fewer districts to reduce the implementation burden, the report confirmed the efficacy of the project. Therefore, to provide large-scale infrastructure, it may be preferable to finance a series of smaller projects within a broader financing structure, such as a multitranche financing facility.

Project Number: 45084-002
Project Name: Coastal Climate-Resilient Infrastructure Project
Report Date:
Lesson
For rural development projects that require relatively longer-term interventions, building on progress achieved from past related investments and technical assistance and duly taking account of relevant lessons and recommendations can optimize project design and fast-track project implementation. In the case of this project, its design capitalized on the capacity of the executing and implementing agencies and Para (village) Development Committees strengthened through phase 1 of this project 1 and took into consideration a series of specific lessons from that phase.

Project Number: 42248-013, 42248-023
Project Name: Sustainable Management of Community Development for Chittagong Hill Tracts
Report Date:
Lesson
As investment portfolio grows and as infrastructure projects increase in number, become larger, more complex, and diverse, it is important to improve the capacity of key institutions. Stronger managerial and technical capacities in areas, such as risk management, pricing, and treasury operations, are essential especially when an institution plays a nodal role in private sector financing in a growing infrastructure environment.

Project Number: 42180-016
Project Name: Third Public-Private Infrastructure Development Facility (Tranche 1)
Report Date:
Lesson
New products can benefit from market and demand analysis that provide a basis for designing products that are responsive to the needs of the market. The introduction of take-out financing under this project did not benefit from such analysis. Uptake for take-out financing as designed under Tranche 1 was low. This highlights the role of market and demand analysis that provide valuable inputs in designing and introducing a new financial product that is responsive to market demand.

Project Number: 42180-016
Project Name: Third Public-Private Infrastructure Development Facility (Tranche 1)
Report Date:
Lesson
Using well-established and reputable industry associations as primary implementing partner for training rather than directly contracted training providers is a strategically sound decision for scaling up sector-specific, job-ready training. The industry associations already had a working knowledge of the skills gaps and needs in their respective industries, which reduced the time needed to develop programs and deliver industry-required skills courses. Job placement was also made easier thus facilitating the attainment of the performance indicators.

Project Number: 42466-015
Project Name: Skills for Employment Investment Program - Tranche 1
Report Date:
Lesson
The multitranche financing facility (MFF) modality is appropriate for the phased Implementation of major reforms. It also proved suitable for the new training partnership model introduced by this investment program, which took time to take off within both the government and the private sector. This is because the stakeholders deemed it important to familiarize themselves first with the model— learn which aspects were working well, which ones did not. and subsequently modify or redesign those aspects that proved inappropriate or ineffective.

Project Number: 42466-015
Project Name: Skills for Employment Investment Program - Tranche 1
Report Date:
Lesson
At the sector level, a conducive policy, legal, and institutional environment for PPP facilitates could enhance PSP in infrastructure services. PSP is facilitated when there are (i) a suitable policy and strategy for PPP, (ii) an established and professionally managed PPP Office that facilitates PPP processes, and

Project Number: 42180-013
Project Name: Second Public–Private Infrastructure Development Facility
Report Date:
Lesson
A well-formulated financial program and strategy to fund regular and periodic road maintenance is critical in guaranteeing an adequate level and quality service of road asset during its economic life.

Project Number: 40515-013
Project Name: Sustainable Rural Infrastructure Improvement Project
Report Date:
Lesson
Institutional and sector capacity development is a priority.

Project Number: 39408-013
Project Name: Skills Development Project
Report Date:
Lesson
Introduction of competency-based training requires considerable up-front work to appropriately enable the environment.

Project Number: 39408-013
Project Name: Skills Development Project
Report Date:
Lesson
Complex reforms and benefit calculation in TVET need a longer timeline.

Project Number: 39408-013
Project Name: Skills Development Project
Report Date:
Lesson
Introducing multiple new modalities without piloting increases risk.

Project Number: 39408-013
Project Name: Skills Development Project
Report Date: