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Lesson
Engaging an international firm with extensive experience proved to be the best option for this TA which focused on a complex and highly specialized topic. Nevertheless,there will always be an indispensable need for national perspectives and experiences, best provided by national consultants, to inform and be considered in TA analyses and recommendations. Future TA could benefit from increased engagement with local experts, either as individual consultants or as subcontracted members of international consulting firms or TA implementation teams.

Project Number: 53198-001
Project Name: Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region
Report Date:
Lesson
A combination of consulting firm and individual consultant inputs may prove effective in meeting the consulting requirements of projects. The quality- and cost-based selection method used by the TA to engage the firm offered a number of key benefits, including improved quality, increased competition, transparency, accountability, and sustainability.

Project Number: 44184-012
Project Name: Afghanistan and Turkmenistan: Regional Power Interconnection Project
Report Date:
Lesson
A TA coordinator role should be considered at the TA design stage if heavy coordination work is expected. The TA required engagement with multiple provincial government agencies and city governments. The coordination had been difficult at the start of implementation. The TA team engaged an experienced TA coordinator using TA savings and successfully addressed the coordination issue.

Project Number: 54037-001
Project Name: Innovation-Driven Green Economic Diversification for Resource-Exhausted Cities in Heilongjiang
Report Date:
Lesson
Regular meetings with ADB (management, project officers, staff, and consultants) are necessary and an effective way to ensure TA implementation remains on track and all activities are well managed. The engagement of experienced experts who are familiar with ADB protocols and procedures, as well as those of counterparts, is important to successful TA implementation. Getting on board a project coordinator strengthens TA coordination, communication, monitoring, and reporting.

Project Number: 53105-001
Project Name: Strengthening Tax Policy and Administration Capacity
Report Date:
Lesson
It is important that consultants are knowledgeable in their fields and have established relationships with the ADB team. team. Well managed working relationships result in satisfactory performance.

Project Number: 54246-001
Project Name: Impact Evaluation of Financial Technology Innovations in Selected Developing Member Countries
Report Date:
Lesson
Support by the competent focal staff in the executing and implementing agencies is critical to smooth TA implementation. The implementation of this TA was challenged by the COVID-19 pandemic and associated restrictions in 2020. Nonetheless, it was successfully completed because of adequate support from focal staff in the project agencies.

Project Number: 52351-001
Project Name: Effective Economic Management
Report Date:
Lesson
Careful selection of competent experts and close consultant monitoring and coordination is essential to ensure the quality of TA outputs. As the two consultants engaged by this TA needed to work on separate topics to deliver one report, close monitoring and coordination by the ADB team proved critical to the timely attainment of consultant deliverables. Regular meetings were conducted to oversee progress, give guidance, avoid preventive abortive work, and deliver quality outputs.

Project Number: 55319-001
Project Name: Southeast Asia Aviation: COVID-19 Impact and Short-term Strategy
Report Date:
Lesson
This TA, however, missed the opportunity to capture knowledge adequately. Implementation experience in activities like the development of municipal bonds at the subnational government level could have been an interesting subject for knowledge products shared with other countries.

Project Number: 45396-001
Project Name: Enhancing the Regulatory Framework of Financial Sector Development and Oversight
Report Date:
Lesson
Learning from experiences of other countries is important for knowledge building, so ADB member countries can learn from each other. This TA supported tax neutrality for the Islamic capital market as experience in Malaysia showed that this is one of the building blocks for development of Islamic finance.

Project Number: 45396-001
Project Name: Enhancing the Regulatory Framework of Financial Sector Development and Oversight
Report Date:
Lesson
Institutional arrangements should be included for post-TA activities for sustainability and carrying over the lessons and recommendations.

Project Number: 48139-001
Project Name: Enhancing the Institutional Capacity of the Implementation Monitoring and Evaluation Division
Report Date:
Lesson
The TA supported the preparation of (i) a policy matrix for a $50 million policy_x005F_x0002_based loan, (ii) a report on a commodity mapping survey along key road corridors in Gandaki Province, (iii) institutional mapping of the agriculture sector under federalism, (iv) a report on best practices under the recently completed ADB-financed value chain project, and (v) a preliminary concept note on rice- based value chain development. These reports will provide background information for the development of a new investment project in the agriculture sector in Nepal.

Project Number: 48218-007
Project Name: Support for Value Chain Development under the Nepal Agriculture Development Strategy
Report Date:
Lesson
Regular training and dissemination on this activity, among others, helped keep the momentum on regional energy cooperation.

Project Number: 45396-001
Project Name: South Asia Economic Integration Partnership
Report Date:
Lesson
The relevant TA-produced analytical work and subsequent reports could have been more widely disseminated to foster the government counterparts’ understanding of a decisive role assigned to the market in resource allocation.

Project Number: 48460-001
Project Name: Promoting the Decisive Role of Market in Resource Allocation
Report Date:
Lesson
Over the course of publishing three CSIF knowledge products, the TA could induce active involvement of the CSIF members raising awareness on the importance of regional market infrastructure for boosting intraregional investments among the members

Project Number: 50055-001
Project Name: Creating a Regional Settlement Intermediary in ASEAN+3: Cross-Border Settlement Infrastructure Forum
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: