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Lesson
An alternatives analysis during the appraisal phase could help inform on identifying project alternatives in terms of feasibility of various technical options, and the scale as well as timing of investments. In the case of this program, there were competing views on Ulaanbaatar’s transport sector development. Such an analysis could help enhance buy-in among key stakeholders on the most appropriate alternative to pursue.

Project Number: 39256-023, 39256-024
Project Name: Urban Transport Development Investment Program (Multitranche Financing Facility andTranche 1)
Report Date:
Lesson
An institutional analysis undertaken during appraisal phase helps provide an assessment of the technical capacity of concerned institutions as this is essential in ensuring smooth project implementation activities. Such analysis could include a political-economy assessment that could help strengthen project preparation activities, especially in assessing possible changes to policies and government priorities.

Project Number: 39256-023, 39256-024
Project Name: Urban Transport Development Investment Program (Multitranche Financing Facility andTranche 1)
Report Date:
Lesson
The need to enhance the capacity of ADB staff to quickly assess changing project circumstances and adjust project parameters to ensure greater use of ADB loan funds and better attainment of project objectives. The PCR identified some other important lessons.

Project Number: 28201-013
Project Name: Rural Finance Project [Loan 1848-MON]
Report Date:
Lesson
The need to lay down a firm legal, regulatory, and supervisory foundation prior to embarking on promotion of financing institutions, such as SCCs. In this case, ADB attempted to establish the regulatory structure in parallel to project implementation, which did not work well. The two activities should have been better prepared, and sequenced as separate projects.

Project Number: 28201-013
Project Name: Rural Finance Project [Loan 1848-MON]
Report Date: