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Lesson
While Enterprise Development Unit successfully served as a central project administrator in place of a dedicated project management unit (PMU), the roles, responsibilities, and reporting lines were not sufficiently clear from the outset. This caused some communication issues and processing delays throughout implementation. This issue has been addressed in the follow-up IMSMEDP, which makes use of a dedicated PMU.

Project Number: 41149-013
Project Name: Private Sector Development Project
Report Date:
Lesson
The line of credit facility could have been structured as a revolving facility to extend the benefits to MSMEs and improve sustainability. To leverage ADB funds, ADB could also have provided the line of credit facility under a fund management arrangement through which the BML could have administered the less expensive ADB funds and cofinanced at market rates. This would have resulted in competitive, all-in, blended costs to the borrowers.

Project Number: 41149-013
Project Name: Private Sector Development Project
Report Date: