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Lesson
Adequate consideration of the legal and administrative contexts of projects and the need for participatory democratic processes is a must to ensure that the timelines for achieving compliance with tariff-related reform covenants are not ambitious, as the case with this project.

Project Number: 38254-013, 38254-063
Project Name: North Karnataka Urban Sector Investment Program (Tranche 4 and Multitranche Financing Facility)
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Lesson
A holistic approach, which can lead to overambitious scope and targets, needs to be carefully weighed during the project design stage. This program and its numerous outputs adopted a holistic approach, which might now seem overly ambitious, particularly for the first urban transport undertaking in Ulaanbaatar. A phased approach could have been considered to focus resources on clearly identified priorities and to develop capacity.

Project Number: 39256-024
Project Name: Urban Transport Development Investment Program Imultitranche Financing Facility and Tranche 1)
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Lesson
In designing an multitranche financing facility program, it is important to formulate tranche-specific design and monitoring frameworks that are logical and have sound links of outcome and outputs in line with the SMART (specific, measurable, achievable, realistic, and timely) principle. These indicators need to work in concert to reflect the appropriateness and continuum of the results chain leading up to the high-level development impacts that are most relevant to the scope and focus of that specific tranche.

Project Number: 42414-033
Project Name: Sustainable Urban Transport Investment Program (Tranche 2)
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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: