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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:
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
Agreed. A large turn-out from all the Pacific DMCs at the workshop, including finance ministries, maritime and aviation authorities fostered interest in the project and facilitated knowledge sharing and contributed to project outcomes. A high turnout at workshops with multi-sector representatives from many DMCs helps to foster knowledge sharing and develop awareness, adoption and uptake of TA project initiatives building institutional capacity and driving and guiding national or sector guidelines.

Project Number: 46502-001
Project Name: Trade and Transport Facilitation in the Pacific
Report Date:
Lesson
The TA project was cofinanced by the Japan Fund for Poverty Reduction and ADB through theThe TCR did not comment on the mechanism used to update cofinancing partners on progress toward key milestones and developments of the TA project. It is important to keep stakeholders engaged and informed during the project implementation. This is especially true when a project has a long implementation timeframe.

Project Number: 46502-001
Project Name: Trade and Transport Facilitation in the Pacific
Report Date:
Lesson
Properly designed TA DMFs enables the outcomes and outputs to be clearly attributed to the TA project initiatives. Generalized achievements, or achievements that could have resulted from initiatives or projects being implemented by other organizations concurrently, should be avoided. It is important to define baselines for indicators and factor in expected growth/development when defining indicator targets.

Project Number: 46502-001
Project Name: Trade and Transport Facilitation in the Pacific
Report Date:
Lesson
It is agreed that cofinancing partners ought to be updated regularly on key milestones and developments of the TA project, but this does not constitute a lesson.

Project Number: 46502-001
Project Name: Trade and Transport Facilitation in the Pacific
Report Date:
Lesson
A robust research and consultation conducted during the project planning and design stage ensure that the outcomes, outputs, and TA project activities being proposed are not already being conducted by other donors or even by ADB. Evaluation of initiatives developed for roll-out in other regions where they have proven success supports them being adopted into the new region considering its own characteristics.

Project Number: 46502-001
Project Name: Trade and Transport Facilitation in the Pacific
Report Date:
Lesson
Agreed. Strong field office support helps to facilitate smooth and efficient project implementation and delivery.

Project Number: 46502-001
Project Name: Trade and Transport Facilitation in the Pacific
Report Date:
Lesson
A carefully developed TOR for consultants during the project planning and design stage ensure that the contract is set up in a most efficient way.

Project Number: 46502-001
Project Name: Trade and Transport Facilitation in the Pacific
Report Date:
Lesson
The lifting of regulatory standards, the development of a project pipeline and the development of strategic trade and transport facilitation implementation plans help to direct government focus for budget allocation. Donors and the private sector are motivated to invest in areas where strategic development has already commenced, and where strategic plans are in place that have a coordinated long-term focus, and which can clearly demonstrate positive project outcomes.

Project Number: 46502-001
Project Name: Trade and Transport Facilitation in the Pacific
Report Date:
Lesson
Agreed. A large turn-out from all the Pacific DMCs at the workshop, including finance ministries and maritime and aviation authorities culminated in strong ownership and commitment to delivering new projects. Regional workshops are an affective mechanism for soliciting stakeholder participation in the Pacific and can culminate in strong ownership and commitment to delivering new projects.

Project Number: 46502-001
Project Name: Trade and Transport Facilitation in the Pacific
Report Date: