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Lesson
ADB’s guidelines for economic analysis of projects require that a national affordability assessment be carried out for large projects. A project is considered large if it may have a substantial impact on the country’s foreign exchange revenues, expenditure, or budget resources. During the implementation of the second project, the IMF introduced a PIP ceiling in 2001 because it was concerned about the government’s fiscal sustainability. It set a rigid ceiling and thereby contributed to a significant delay in project implementation.

Project Number: 29151-013, 30311-015
Project Name: Road Rehabilitation Project, Second Road Rehabilitation Project, and Third Road Rehabilitation Project [Loans
Report Date:
Lesson
The creation of a road fund has been a key component of all three projects. It was to ensure the availability of adequate financing for operation and maintenance of project roads. To date, however, the road fund has not operated as envisaged. Because of the IMF restriction that the government should have only one consolidated central budget account, the government requested, and in 2001 was granted, an ADB waiver on the loan covenant that a special account for a road fund be created.

Project Number: 29151-013, 30311-014
Project Name: Road Rehabilitation Project, Second Road Rehabilitation Project, and Third Road Rehabilitation Project [Loans
Report Date:
Lesson
The institutional and policy reforms envisaged in the projects were complex and far-reaching and needed a longer time to come to fruition. There was no sharp focus on road asset management, which was a theme common to the three projects. Each of the projects left an unfinished agenda, which suggests that TA was spread too thinly over too many reform issues. The designs of succeeding projects did not indicate or act on the fact that some reform measures in the precursor projects were pending, at risk, and in need of ADB’s continued attention.

Project Number: 29151-013, 30311-013
Project Name: Road Rehabilitation Project, Second Road Rehabilitation Project, and Third Road Rehabilitation Project [Loans
Report Date:
Lesson
Project management must pay more attention to the scheduling of project implementation. Substantial delays experienced by all three projects should have been avoided or shortened. In contemporary infrastructure management, time overrun, like cost overrun, is a key performance indicator and affects the project’s efficiency. On-time completion is particularly important for a road rehabilitation project. The service level of a road under the rehabilitation is downgraded because the capacity of the road should be constrained during civil works.

Project Number: 29151-013, 30311-016
Project Name: Road Rehabilitation Project, Second Road Rehabilitation Project, and Third Road Rehabilitation Project [Loans
Report Date: