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Lesson
The risks associated with single-tranche loans can be mitigated through proper management of the loan proceeds and control of the project cost. The ADB loan was featured to have a single tranche disbursement arrangement to address currency mismatch and hedge financial risks arising from foreign borrowing. In the early stage of project implementation, the full amount of the ADB loan ($90.8 million) was disbursed as an advance and exchanged to local currency.

Project Number: 41682-039
Project Name: Greater Mekong Subregion Highway Expansion Phase 2 Project
Report Date:
Lesson
A monitoring and evaluation framework for regional and long-term impacts need to be established and applied to all regional projects related to corridor development. The project, a GMS highway expansion project, had regional impacts through international corridor development. Meanwhile, the project also had development impacts on local people through enhanced access to social and economic opportunities.

Project Number: 41682-039
Project Name: Greater Mekong Subregion Highway Expansion Phase 2 Project
Report Date:
Lesson
The project offers a good implementation management model for similar ADB-financed projects to learn from. This project was completed ahead of schedule with no cost overrun, an exception among ADB-financed road projects in other member countries. The government has strong capacity and experience in managing such highway projects. Compiling experiences and lessons learned from this project and disseminating them to other member countries would enhance the overall efficiency of ADB-financed projects.

Project Number: 41682-039
Project Name: Greater Mekong Subregion Highway Expansion Phase 2 Project
Report Date:
Lesson
Substantial cost overruns could result from inadequate detailed design, new legislation (e.g., banning slow-moving traffic from highways), changes in pavement composition to address climate change impacts and overloading, constructability issues, unforeseen project features, and road safety and traffic issues.

Project Number: 40540-014, 40540-017
Project Name: South Asia Subregional Economic Cooperation Road Connectivity Project
Report Date:
Lesson
Adequate project readiness and accurate designs are critical for large infrastructure projects. Lack of these could cause delays, i.e., this project encountered a delay of over 2 years in finalizing the detailed design for the major civil works contracts and delays in procurement. Furthermore, inclusion of additional scope of works and delays in land acquisition and resettlement plans, and COVID-19 impacts hindered timely implementation.

Project Number: 40540-014, 40540-017
Project Name: South Asia Subregional Economic Cooperation Road Connectivity Project
Report Date:
Lesson
A geo-fabric reinforced seal could be replicated to provide more robust waterproofing and as a strain-alleviating membrane for treating road surface cracks. The geo-fabric reinforced seal installed for a 500 m length of the project road on a pilot basis proved to be an effective spray sealing technique for treating badly cracked and distressed pavements, particularly where crack movements are slow.

Project Number: 40540-014, 40540-017
Project Name: South Asia Subregional Economic Cooperation Road Connectivity Project
Report Date:
Lesson
Sufficient lead time is needed for procurement, especially under the two-stage bidding process. Higher project readiness and clarity in employer’s requirements, including engineering designs and specifications, are critical inputs for bid documents.

Project Number: 42378-017
Project Name: Power System Expansion and Efficiency Improvement Investment Program (Tranche 3)
Report Date:
Lesson
Project financial auditing needs to be synchronized with the project Completion review timeline which requires disclosure of the report within 12 months of the financial closing of the loan account.

Project Number: 42378-017
Project Name: Power System Expansion and Efficiency Improvement Investment Program (Tranche 3)
Report Date:
Lesson
The choice of executing agency (EA) is critical to project success. The Minifstry of Finance, the project EA, provided strong leadership and was able to engage the private sector efficiently. Its broad, multisector overview of the economy helped ensure relevant outcomes from the project, and its central ministerial position facilitated effective coordination across multiple ministries.

Project Number: 42466-015
Project Name: Skills for Employment Investment Program - Tranche 1
Report Date:
Lesson
Projects with complex technical requirements, such as this one on railway rolling stocks, need to hire a panel of experts to support the project team throughout procurement, supply, and commissioning. The financial closing of this project was delayed due to various reasons related to the complexity of technical specifications and the Bangladesh Railway's (BR) requirements for locomotives.

Project Number: 49094-001
Project Name: Railway Rolling Stock Project
Report Date:
Lesson
Using well-established and reputable industry associations as primary implementing partner for training rather than directly contracted training providers is a strategically sound decision for scaling up sector-specific, job-ready training. The industry associations already had a working knowledge of the skills gaps and needs in their respective industries, which reduced the time needed to develop programs and deliver industry-required skills courses. Job placement was also made easier thus facilitating the attainment of the performance indicators.

Project Number: 42466-015
Project Name: Skills for Employment Investment Program - Tranche 1
Report Date:
Lesson
A consolidated annual project financial statement ((APFS) needs to be required from projects with more than one component, and this should be included in the project administration manual and monitored closely for compliance. Submission of the consolidated APFSs for the first 2 fiscal years was delayed because of time lag in consolidating the reports on the two components.

Project Number: 49094-001
Project Name: Railway Rolling Stock Project
Report Date:
Lesson
Continuous monitoring of training results and job placement is required to ensure the integrity of the training data provided. The online training management system (TMS) was set up to track large-scale training outputs from numerous training providers, which also became a basis of milestone payments. The Skills Development Coordination and Monitoring Unit (SDCMU) carried out several types of monitoring and verification activities. Rigorous monitoring and regular field checks were essential for the payment system based on milestone achievement, especially with respect to job placement.

Project Number: 42466-015
Project Name: Skills for Employment Investment Program - Tranche 1
Report Date:
Lesson
The multitranche financing facility (MFF) modality is appropriate for the phased Implementation of major reforms. It also proved suitable for the new training partnership model introduced by this investment program, which took time to take off within both the government and the private sector. This is because the stakeholders deemed it important to familiarize themselves first with the model— learn which aspects were working well, which ones did not. and subsequently modify or redesign those aspects that proved inappropriate or ineffective.

Project Number: 42466-015
Project Name: Skills for Employment Investment Program - Tranche 1
Report Date:
Lesson
Setting a high job placement target to qualify for the final milestone payment can can create a negative incentive for training providers to inflate the training costs so as to cover for all their costs regardless of whether or not they meet the job placement target. This lesson, arising from a similar project in Nepal, was heeded by the tranche 1 project that lowered the job placement target from 70% to 60% to ensure that the training providers do not to lose their focus on job placement.

Project Number: 42466-015
Project Name: Skills for Employment Investment Program - Tranche 1
Report Date: