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Lesson
The importance of close coordination with infrastructure-related programs funded by the Government of Australia and other development partners in Indonesia to maximize synergies as advised.

Project Number: 46380-001
Project Name: Sustainable Infrastructure Assistance Program
Report Date:
Lesson
Strong tripartite partnership among the government, Government of Australia, and ADB made SIAP a success and led to ADB and the Government of Australia signing a Cofinancing Agreement for A$40 million to support Phase 2 of SIAP in February 2019.

Project Number: 46380-001
Project Name: Sustainable Infrastructure Assistance Program
Report Date:
Lesson
ADB provides support for capital market integration through the ASEAN as well as the ASEAN+3 processes. The latter is supported by the staff in the Economic Research and Regional Cooperation Department (ERCD). While there was some coordination with ERCD staff in the implementation of this TA, more coordination is required to find synergies between the various regional finance sector TA projects. This will reduce overlaps and produce better outputs by leveraging on the strength and network of counterparts supported by different regional TA projects.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
The independent validation process implemented under the ACGS is good practice for knowledge building. It gives practical information on actual corporate governance practices of PLCs. Many ACMF initiatives have good traction within the region. However, awareness beyond ASEAN is limited. In addition to the existing knowledge sharing of best practices within ASEAN, future support to ACMF should also include engagement with international partners. This includes foreign academic institutions with strong private sector partnerships.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
The Japan Ministry of Finance and Japan International Cooperation Agency have been strong supporters of ACMF. ADB staff should explore opportunities to collaborate with these stakeholders in the implementation of future TA projects to provide visibility for their support and leverage on their role within the government and the private sector in Japan. The green bond study visit to Tokyo supported under this TA was a good start.The Investment Climate Facilitation Fund is a good source of TA funding forregional cooperation and integration.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
ADB should explore how to link up ACMF initiatives with other departments of ADB to scale up and so the substantial technical work with ACMF can be made operationally relevant. ACMF’s initiatives on green bonds and corporate governance can help ASEAN member countries develop their capital markets and improve corporate governance standards of PLCs. There is also potential replication to other regional groupings outside ASEAN including the Central Asia Regional Economic Cooperation.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
PEDP III had 626 audit observations. Adequate training to the executing agencies on compliance with financial rules and regulation should have been provisioned under the TA, which could have improved the financial compliance and resulted in fewer audit observations.

Project Number: 45317-001
Project Name: Support for the Third Primary Education Development Project
Report Date:
Lesson
The TA implementation experienced several changes. There had been 13 approvals for minor change in scope and implementation arrangement to engage new experts and/or revision of TOR. This could have been avoided by comprehensive need assessment of expertise and deliverables.

Project Number: 45317-001
Project Name: Support for the Third Primary Education Development Project
Report Date:
Lesson
The TA contributed to knowledge building through Annual and Quarterly Fiduciary Reports dissemination and other workshops. The TA also provided support for the preparation and dissemination of Annual Sector Performance Report which played a key role in planning and decision-making in primary education in Bangladesh. These initiatives can be replicated in the secondary education sector.

Project Number: 45317-001
Project Name: Support for the Third Primary Education Development Project
Report Date:
Lesson
Stakeholder participation and engagement were critical, especially for multi development partners funded projects because it boosts coordination among various parties, which eventually helps the project achieve its intended outcome and outputs. The co-financers and development partners were fully engaged throughout the TA implementation.

Project Number: 45317-001
Project Name: Support for the Third Primary Education Development Project
Report Date:
Lesson
The TA had been effective in drawing cofinancing. Activities from the cofinancing were clearly defined and complementary to ADB financed activities. Co-financing could have been envisaged at design stage instead of additional financing during implementation.

Project Number: 45317-001
Project Name: Support for the Third Primary Education Development Project
Report Date:
Lesson
The TA has strengthened the fiduciary oversight by the development partners in PEDP III. Similar TA can be replicated in the education sector projects in Bangladesh, such as Supporting Fourth Primary Education Development Program, Skills for Employment Investment Program, Secondary Education Sector Investment Program.

Project Number: 45317-001
Project Name: Support for the Third Primary Education Development Project
Report Date:
Lesson
A new TA (TA 9276-BAN: Support to Primary Education Development) was approved in 2016 to continue support to PEDP III fiduciary oversight and PFM improvement

Project Number: 45317-001
Project Name: Support for the Third Primary Education Development Project
Report Date:
Lesson
The rationale of the TA was generally well-articulated. The TA design could have been formulated better in terms of outputs and outcome. Distinct performance indicators for outcome and outputs could have provide better opportunities to evaluate the TA results. Also, having realistic and achievable targets is crucial considering implementation realities and timeframe.

Project Number: 45419-001
Project Name: SASEC Subregional Energy Efficiency Initiative
Report Date:
Lesson
In the absence of follow-on larger intervention, some of the important envisaged achievements, such as, the regional nodal agency, cooperation on sharing of the data and best practices were not implemented. Establishing a regional nodal agency is highly recommended.

Project Number: 45419-001
Project Name: SASEC Subregional Energy Efficiency Initiative
Report Date: