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Lesson
A robust mechanism for continued consultation needs to be agreed on and put in place to address the fundamental issues in capital market development in Pakistan. Broadly, the program envisaged two key reforms: (i) strengthening the regulatory framework, and (ii) development and Implementation of a comprehensive capital market master plan. During program Implementation, ADB held two consultation workshops with all government and private sector stakeholders, including development partners.

Project Number: 53221-001, 53221-002, 53221-003
Project Name: Third Capital Market Development Program (Subprograms 1 and 2)
Report Date:
Lesson
Land acquisition should be embedded in transport policies. As of 2022, the Prime Minister's Rural Roads Program (PMGSY) was being implemented with no land acquisition. Where land is required, only voluntary-based possession is allowed. If sufficient land cannot be pooled on a voluntary basis, geometric design is being compromised. These locations may become accident black spots. Thus, policy amendment is needed in cases where sufficient land for improvement is unavailable voluntarily; permission should be granted for acquisition of land.

Project Number: 48226-003
Project Name: Second Rural Connectivity Investment Program - Tranche 1
Report Date:
Lesson
It is important for power sector restructuring and unbundling to be supported by capacity building of key agencies and utilities, particularly in financial management.

Project Number: 43151-023
Project Name: Talimarjan Power Project
Report Date:
Lesson
More targeted capacity development could lead to better results.

Project Number: 40263-022
Project Name: Domestic Maritime Support (Sector) Project
Report Date:
Lesson
It is important to assess the capacity of the executing and implementing agencies (EAs/IAs) during project preparation and throughout implementation to address existing capacity gaps and manage expectations most suitably.

Project Number: 38272-023
Project Name: Uttarakhand Urban Sector Development Investment Program - Project 1
Report Date: