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Lesson
Closer communication and coordination between ADB and the implementing agencies (IAs) are necessary to ensure timely loan closing. The loan closing took about 21 months. One of the major reasons was that some of the withdrawal application papers submitted by the IAs were incomplete or inconsistent and clarifications or corrections of these took a long time. ADB’s review and clearance on these clarifications was also slow in several cases.

Project Number: 43023-013
Project Name: Guangxi Beibu Gulf Cities Development Project
Report Date:
Lesson
Lack of familiarity by the executing or implementing agency (EA/IA) with ADB policies and procedures can lead to inefficient utilization of the project budget.

Project Number: 44011-013
Project Name: Heilongjiang Energy Efficient District Heating Project
Report Date: