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Displaying 91 - 105 of 497

Lesson
The option to make the components of projects with multiple financing sources technically independent should be explored to mitigate the risk of delayed project benefits.

Project Number: 38628-022
Project Name: Greater Mekong Subregion Northern Power Transmission Project
Report Date:
Lesson
It is important for project cost estimates to factor in international market conditions to mitigate the risk of cost overruns.

Project Number: 38628-022
Project Name: Greater Mekong Subregion Northern Power Transmission Project
Report Date:
Lesson
In-country experience favors the timely completion of works.

Project Number: 38628-022
Project Name: Greater Mekong Subregion Northern Power Transmission Project
Report Date:
Lesson
Design and procurement readiness are essential to the timely startup and implementation of projects.

Project Number: 38628-022
Project Name: Greater Mekong Subregion Northern Power Transmission Project
Report Date:
Lesson
Adequate risk assessment and mitigation measures are important to help ensure project readiness. Consultations with project beneficiaries and affected persons and conducting social impact assessments during appraisal help strengthen project design and implementation (e.g., identification of safeguards-compliant project sites, beneficiaries’ participation, land acquisition requirements, design of relatedredressed mechanisms, among other things). These facilitate in identifying candidate subproject locations so that unnecessary location changes that cause delays can be avoided.

Project Number: 36339-022
Project Name: Small Towns Water Supply and Sanitation Sector Project
Report Date:
Lesson
When implementation arrangements are revised, it is vital to streamline the approval processes to facilitate subsequent project activities. After the Government of Australia's withdrawal of funding, the delay in the approval of the changes to the implementation arrangement also significantly delayed the recruitment of implementation consultants and in designing the water supply systems. This situation could have been avoided if timely approval of such change was prioritized, which could have allowed the civil works for designing water supply systems to commence on time

Project Number: 36339-022
Project Name: Small Towns Water Supply and Sanitation Sector Project
Report Date:
Lesson
This validation offers the following lesson: keeping the stakeholders engaged through national interventions and securing sources of post-TA financial resources (unless the TA project was a project preparation TA) is important especially for capacity building TA projects, to ensure continuity and sustainability of the project.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
Identifying critical risks and assumptions are an important element of design. However, design could also usefully identify mechanisms to mitigate these risks.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation agrees with the lesson of building awareness for the work done under the TA project. However, it is unclear why awareness-building beyond ASEAN is required for this TA project. One can surmise that it could be for the goals of attracting capital. However, the role of partnership with foreign academic institutions is unclear beyond the publication of potential knowledge products. This lesson or recommendation should then be classified under partnership and cofinancing.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation agrees with the recommendation and rephrases this as a lesson: Partnering with operational projects within ADB is an important step in ensuring that other DMCs outside ASEAN can develop their capital markets and improve governance standards of publicly listed companies.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
Drawing on lessons from similar previous TA projects can help in robust design that is responsive to DMC needs, isrealistic, and adopts best practice. This could help to get greater stakeholder engagement in complex processes such as regional capital market integration.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation offers the following lesson: although TA design may identify a particular model of consultancy, these needs may evolve during the program requiring adjustment. In this case, in developing a model that responded to the needs of ACMF’s working group on corporate governance, the TA project shifted its approach since the regulators felt that an audit firm (rather than consultants) would lend more credibility and recognition to the validation exercise.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation has rephrased the recommendation into a lesson as follows: Providing adequate visibility to partners who have either financed the project or have special interest and stake in seeing its success is necessary to ensure their continued support.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation agrees that cooperation and coordination, especially with other ADB departments, is important. This was a missed opportunity for this TA project. It is, however, not clear though why a visit to the People's Republic of China is required or recommended for the next ACMF TA.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation offers the following lesson: it is important to work and clearly communicate with ACMF and its working groups to get buy-in to the TA project. This is evident in how stakeholders noted their appreciation to this approach.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date: