Search

Displaying 46 - 60 of 93

Lesson
Policy-based loans can be successfully designed to provide an integrated approach to policy reforms by (a) leveraging constructive policy dialogue, (b) incorporating tailored policy interventions, and (c) ensuring implementation support and capacity development through TA

Project Number: 46371-001
Project Name: Strengthening Economic Management Program
Report Date:
Lesson
Execution of pilot projects is valuable for (a) assessing ease of implementation, adaptability and potential for full-scale implementation; and (b) for identifying new potential bottlenecks and areas requiring further reforms. The successful pilot testing of a new property valuation method (PVM) demonstrated the potential for substantially increasing local revenues from property taxes as anticipated, but also contributed to potential revisions of the outdated tax laws.

Project Number: 46371-001
Project Name: Strengthening Economic Management Program
Report Date:
Lesson
Carefully aligning objectives and outputs of ADB program loans with related TA can help increase effectiveness and sustainability, and ensure efficient implementation of both ADB interventions and ADB TA recommendations. By incorporating related TA deliverables into the program design, the program helped ensure high-level government commitment to policy reforms and accelerate implementation of highly relevant TA recommendations, which may otherwise not have received the same level of attention and commitment.

Project Number: 46371-001
Project Name: Strengthening Economic Management Program
Report Date:
Lesson
Active stakeholder consultations during both program inception and implementation are imperative for creating a strong sense of government ownership, and ensuring commitment by all stakeholders to achieving the required policy actions under ADB program loans. Policy actions must be thoroughly assessed, clearly defined, relevant, and achievable within the required time frame, in particular when quick release of funds is critical for urgent budget support in crisis situations.

Project Number: 46371-001
Project Name: Strengthening Economic Management Program
Report Date:
Lesson
Executing agencies' recruitment of consultants remains time-consuming and was the main reason for start-up delays. This problem is not specific to the project but is common in all ADB-financed projects in Viet Nam. Delays in recruiting consultants result in delay of such project activities as detailed design, resettlement planning, environmental management planning, and preparing bidding documents.

Project Number: 30286-013
Project Name: Central Region Small and Medium Towns Development Project
Report Date:
Lesson
Although the completion of the TA loan was delayed by 6 years, the TA loan is still considered a success given its significant contribution in facilitating the development of the first large-scale PPP transport infrastructure project in Sri Lanka. The extensions in completion time allowed adjustments to be made to ensure successful of implementation.

Project Number: 33019-013
Project Name: Colombo Port Efficiency and Expansion Project
Report Date:
Lesson
The government had explored the possibility of setting up a special purpose vehicle to construct the breakwater using private sector financing, but this was found to be problematic for the following reasons: (i) the breakwater would not generate revenue, (ii) the construction skills required for building breakwaters and terminals are very different, (iii) revenues would only be generated from the operations of the container terminal, and (iv) it would be difficult to attract private sector investment for the breakwater.

Project Number: 33019-013
Project Name: Colombo Port Efficiency and Expansion Project
Report Date:
Lesson
To mitigate the risk of lack of private sector participation, the selection of a private sector BOT concessionaire was a loan effectiveness condition for the ensuing loan. This ensured the selection of a credible private sector party to implement the BOT concession.

Project Number: 33019-013
Project Name: Colombo Port Efficiency and Expansion Project
Report Date:
Lesson
Given that this is the first large-scale PPP project in the transport sector, the TA loan was effective in providing continuous support to government agencies, allowing them to carry out the necessary preparations for the PPP, including preparation of the procurement documents, bid evaluation, and BOT concession agreement negotiations. To minimize professional liability, the MSC was subsequently single-sourced to act as construction supervision consultants for the ensuing loan to implement the HIW works.

Project Number: 33019-013
Project Name: Colombo Port Efficiency and Expansion Project
Report Date:
Lesson
For similar projects in the future, it may be beneficial to require reforms to be demonstrated as a project readiness criterion before project approval and implementation. Alternatively, if included in loan covenants, such institutional and regulatory reforms could be defined at a higher level - rather than as specific outputs - to allow the government more flexibility during implementation.

Project Number: 33019-013
Project Name: Colombo Port Efficiency and Expansion Project
Report Date:
Lesson
Realization of the full project benefits was contingent upon the public and private sector components being well coordinated and implemented as planned. Implementation of the private sector component - and especially selection of the private concessionaire for the first container terminal - initially presented a major risk. This was mitigated by linking the progress of selecting a successful bidder for private concessionaire with implementation of the breakwater infrastructure (public sector component) as a condition of loan effectiveness.

Project Number: 39431-013
Project Name: Colombo Port Expansion Project
Report Date:
Lesson
Since the works were interrelated, the HIW (harbor infrastructure works) was packaged as a single contract. The large size of the contract attracted good quality and experienced contractors.

Project Number: 39431-013
Project Name: Colombo Port Expansion Project
Report Date:
Lesson
The project is very large scale and complex in nature, so it was important to bring in quality consultants and contractors. Continuation of services from the main design consultants to provide construction supervision not only reduced the time for procurement but also resulted in minimizing liability risks and disclaimers of responsibility.

Project Number: 39431-013
Project Name: Colombo Port Expansion Project
Report Date:
Lesson
A key consideration was to draw an optimal balance of public and private sector participation. The government applied a PPP landlord port model whereby the public sector would deliver the basic breakwater infrastructure and private sector deliver two of the three container terminal facilities to be accommodated by the new breakwater. This approach has not only brought about significant efficiencies in delivery, it also resulted in tremendous financial leverage.

Project Number: 39431-013
Project Name: Colombo Port Expansion Project
Report Date:
Lesson
The government's goals were clear, leading to clear program goals. Going forward, implementation can be improved though provision of deeper, focused TA and additional engagement directly between ADB specialists and the government over extended periods of time.

Project Number: 46372-001
Project Name: Support for Myanmar's Reforms for Inclusive Growth Program
Report Date: