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Lesson
Thorough consideration of the local construction market and existing prices will contribute to more reliable project cost estimates.

Project Number: 43439-013, 43439-023, 43439-033
Project Name: Central Asia Regional Economic Cooperation Corridor 2 (Mangystau Oblast Sections) Investment Program (Multitranche Financing Facility and Tranche 2)
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Lesson
For complex large projects with complicated geological conditions and a long implementation period, project costs—especially contingencies—should be estimated more carefully

Project Number: 35354-013
Project Name: Lanzhou-Chongqing Railway Development Project
Report Date:
Lesson
The TCR should have provided a brief historical context of ADB’s engagement in the South Super Highway—the previous project had an extensive safeguards problem, and an issue with parallel bilateral agency funds. Despite that, ADB continued to engage in the same sector in the same region. However, differing political priorities of subsequent national leadership changed the course of the TA. The TCR could have elaborated how ADB should assess the political risks in starting or conceptualizing a similar loan in a sector that experienced prior difficulties.

Project Number: 46374-001
Project Name: Southern Highways Investment Program
Report Date:
Lesson
Risks need to be identified in the design stage and effectively mitigated against.

Project Number: 45078-001
Project Name: Strategic Masterplan for Chittagong Port
Report Date: