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Lesson
Learning from and drawing on the achievements of past interventions is critical to the success of comprehensive policy reforms supported by the programmatic approach to policy-based lending (PBL).

Project Number: 51199-001
Project Name: Ulaanbaatar Air Quality Improvement Program
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: