Search

Displaying 46 - 60 of 85

Lesson
It is noted that the project analysis tended to focus on supply-side interventions with inadequate attention to thedemand side. The assumptions and risks identified in project design mention the assumption that external degree students will recognize the quality and convenience of Distance Education Partnership Program (DEPP) distance learning, but all other assumptions and risks focus on supply-side issues. In a market intervention of this kind, both supply and demand need equal attention.

Project Number: 33251-013
Project Name: Distance Education Modernization Project
Report Date:
Lesson
Any conduit institution for a credit facility needs to undergo a thorough due diligence in terms of its lending policies and procedures, and that key players (i.e., NDB and NDTF) must be required to participate in stakeholder consultations so that a credit facility can be designed realistically based on market demand and actual experiences of lending agencies.

Project Number: 34318-013
Project Name: Aquatic Resource Development and Quality Improvement Project
Report Date:
Lesson
No new lessons.

Project Number: 36357-013
Project Name: Financial Markets Program for Private Sector Development
Report Date:
Lesson
Importance of a strong commitment and ownership of the government to a reform and capacity building program such as the SMESDP.

Project Number: 33246-013
Project Name: Small and Medium Enterprise Sector Development Program
Report Date:
Lesson
Delay in ADB's internal business processes, including the disbursement of withdrawal applications, often frustrates smooth implementation progress. Timely disbursement is critical, especially for financial intermediation loans, because financial institutions set the subloan interest rate based on the relending rate from the government and approve subloans to final borrowers only after they receive refinance from the government. Project administration requires closer attention to efficient and timely disbursement and other internal business processes.

Project Number: 36117-013
Project Name: Small and Medium Enterprise Regional Development Project
Report Date:
Lesson
Small and medium enterprises (SMEs) generally suffer capacity constraints and lack skills in business development, marketing, planning, human resource management, and other business skills, which makes them less bankable. Had it been done, the capacity development technical assistance would have provided necessary skills training and improved the capacity of borrowing SMEs. Sri Lanka's Credit Information Bureau also covers SMEs.

Project Number: 36117-013
Project Name: Small and Medium Enterprise Regional Development Project
Report Date:
Lesson
ADB's Financial Sector Operational Plan supports the market-based pricing approach and stipulates that projects involving credit lines need to be designed to strengthen the capacity of financial institutions intermediating the credits and such a project should comply with the Operations Manual (D6) to avoid undermining the commercial incentive for the participating financial institutions to competitively mobilize finances and distorting the credit and interbank market.

Project Number: 36117-013
Project Name: Small and Medium Enterprise Regional Development Project
Report Date:
Lesson
Changing the scope of a project during implementation as excessively as in this case cannot be considered as a good practice, even when in response to a flood.

Project Number: 31282-013
Project Name: Southern Province Rural Economic Advancement Project
Report Date:
Lesson
Experienced foreign investors in power generation have access to private sector technical insurance that sovereign entities may not otherwise have. This is important when technical problems arise that cause major shutdown of operations, as was the case of AKL due to a 2004 fire. Private sector insurance enables unforeseen technical problems to be fixed along with compensation to the insured for revenue loss due to the incident. Foreign investors can leverage important insurance that is often difficult for sovereign entities to acquire.

Project Number: 34912-014
Project Name: AES Kelanitissa Power Project in Sri Lanka
Report Date:
Lesson
Close examination and assessment of real capacity is necessary in analyzing economic and financial benefits for private sector power plant projects supported by ADB. Nameplate capacity needs to be considered in the context of a plant’s capacity factor. No power plant runs 100% of the time, and power plants, like that of AKL, that run on auto diesel fuel will need to shut down routinely for scheduled maintenance. Routine maintenance combined with unscheduled shutdowns lower actual net capacity.

Project Number: 34912-014
Project Name: AES Kelanitissa Power Project in Sri Lanka
Report Date:
Lesson
Risk of lost revenues due to delayed commissioning and unplanned shutdown associated with mechanical failures can be mitigated by requiring expert power plant developers sponsored by ADB to provide more oversight and guidance to construction contractors.

Project Number: 34912-014
Project Name: AES Kelanitissa Power Project in Sri Lanka
Report Date:
Lesson
It is prudent for ADB to consider alternative fuels when appraising the cost and benefits of oil-fired generation plants. Alternative fuels consist of renewable energy sources and thermal fuels, including clean coal options. Private sector support to the power sector is optimized with a comparative analysis of real fuel options.

Project Number: 34912-014
Project Name: AES Kelanitissa Power Project in Sri Lanka
Report Date:
Lesson
More careful monitoring and supervision should have been required to review the progress of the program, to understand its key issues, and to propose alternative approaches where necessary. The design of the Reform Program with its numerous components was complex, so efforts in monitoring and guidance should have been made during project implementation.

Project Number: 31280-013
Project Name: Road Sector Development Project (1986-SRI[SF])
Report Date:
Lesson
An appropriate method for economic justification should be carefully examined at appraisal. The economic analysis should have used observed data instead of the desktop estimation, and should be assessed based on sound assumptions.

Project Number: 31280-013
Project Name: Road Sector Development Project (1986-SRI[SF])
Report Date:
Lesson
Necessary data should be collected for the project roads at appraisal, and the selection methodology should have been a sound logical and scientific tool to shield it from political pressure.

Project Number: 31280-013
Project Name: Road Sector Development Project (1986-SRI[SF])
Report Date: