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Lesson
Establishing a project performance monitoring system (PPMS) allows better tracking of project results and implementation progress and risks. It will also allow a project to undertake necessary adjustments to address implementation issues and data gaps and would be useful during ex-post project evaluation, in terms of a more systematic aggregation and assessment of data and information collected via the system.

Project Number: 40534-013
Project Name: Second Crop Diversification Project
Report Date:
Lesson
Consensus-building requires sufficient time for meaningful and in-depth consultations with various stakeholders. This program’s experience has demonstrated that building consensus between the government and the private sector, as well as among government departments, could take much longer than envisaged. The program design to strengthen the staffing of three major regulatory institutions within 2 years was optimistic, and a more realistic timeframe should have been considered. Future programs that will necessitate consensus-building should provide ample time for this type of activity.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
The ownership and rationale of policy reforms need to be carefully assessed at appraisal. Strong ownership and consistent government support are critical to the success of program loans. As such, the ownership and rationale of policy reforms should be carefully assessed at appraisal. In assessing ownership, it is important to remember that policy actions affect many stakeholders, both within and outside the government.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
The design and monitoring framework (DMF) should be reviewed and updated as necessary during implementation to ensure continued alignment with other aspects of the program. The outcome and output indicators in the program DMF had been developed at appraisal for achievement over a relatively short period of 24 months. However, when program implementation was extended by 23 months to November 2019, an opportunity was missed to update the targeted dates for the indicators, which were measured about 1 year after the extended program completion date.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
Continued engagement by ADB with the government is imperative. To maintain reform momentum, ADB’s continued engagement with the government is a must even after the program is completed. One mechanism could be through a post-program partnership framework. While facilitating monitoring of the borrower’s compliance with loan covenants, this will also enable ADB to identify follow-on actions where it can have value addition.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
The participation of relevant agencies, effective communication of their role, and broader consultations on possible implementation arrangements at project design ensure effective and efficient inter-agency coordination and project implementation. Under the project, instead of taking full responsibility as the IPIU, UPJN only deployed some staff to the IPIUs and was charging administrative fees for their role including remuneration of their staff that ADB had refused.

Project Number: 39405-013
Project Name: Dhaka Water Supply Sector
Development Program
Report Date:
Lesson
Improved readiness assessment is essential to avoiding implementation issues arising from inexperienced project technical and administrative staff and project managers. Under the project, the lack of experienced staff required capacity building during implementation that divided staff’s focus and resulted in problems in document processing until the project staff were able to fully understand work procedures and requirements.

Project Number: 39405-013
Project Name: Dhaka Water Supply Sector
Development Program
Report Date:
Lesson
More extensive advertisement of bids could help maximize the participation of qualified bidders, specifically for complex procurement and large contracts.

Project Number: 44192-016
Project Name: SASEC Second Bangladesh-India Electrical Grid Interconnection Project
Report Date:
Lesson
ADB’s enhanced capacity building and proactive guidance and support to EAs/IAs help provide enough experience to deal with complex bidding processes and prolonged contract negotiations.

Project Number: 44192-016
Project Name: SASEC Second Bangladesh-India Electrical Grid Interconnection Project
Report Date:
Lesson
In addition to financial capital, the kiln industry operators of Bangladesh need more end-to-end technical and business support.

Project Number: 45273-001
Project Name: Financing Brick Kiln Efficiency Improvement Project
Report Date:
Lesson
Subloan processing and disbursement need to be fast enough to allow for subborrower commercial operations to gain traction before the start of loan repayment

Project Number: 45273-001
Project Name: Financing Brick Kiln Efficiency Improvement Project
Report Date:
Lesson
It is important to conduct sufficient and in-depth consultations during project preparation to gather inputs to fit the project design to stakeholder and market needs.

Project Number: 45273-001
Project Name: Financing Brick Kiln Efficiency Improvement Project
Report Date:
Lesson
Investment decisions in a new sector need to be informed by a careful assessment of the risks in that sector.

Project Number: 42180-013
Project Name: Second Public-Private Infrastructure Development Facility
Report Date:
Lesson
Coordination among all stakeholders is important in making green finance sustainable.

Project Number: 42180-013
Project Name: Second Public-Private Infrastructure Development Facility
Report Date:
Lesson
Independent auditors’ opinions should adequately address all the aspects of the loans’ financial covenants.

Project Number: 42180-013
Project Name: Second Public-Private Infrastructure Development Facility
Report Date: