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Lesson
The selection of suitable participating financial institution (PFI) partners is important to better implement a financial intermediation loan project. PFIs that are financially sound, have good track records, and are committed toward serving rural enterprises and SMEs are likely to be effective in implementing financial intermediation loans.

Project Number: 47305-002, 47305-004
Project Name: Horticulture Value Chain Development Project
Report Date:
Lesson
The formulation of a coherent results framework that logically links the inputs, activities, and outputs with the envisaged outcome facilitates better monitoring and measurement of project results. The quality of a design and monitoring framework is enhanced by outcome targets that are realistic and appropriately reflect the immediate changes of the outputs.

Project Number: 47305-002, 47305-004
Project Name: Horticulture Value Chain Development Project
Report Date:
Lesson
The significant reduction in the amount of the ADB loan and the program cost with the withdrawal of Goa from tranche 1 and Maharashtra from tranche 2 is reflective of the quality of the work undertaken during the feasibility study stage. Better due diligence and a more rigorous review of the proposals are needed in future multitranche financing facility programs and projects so that similar major changes will not occur at such a late stage in program preparation.

Project Number: 40156-013, 40156-033
Project Name: Sustainable Coastal Protection and Management Investment Program (Multitranche Financing Facility and Tranche 2)
Report Date:
Lesson
The attraction of the private sector in Karnataka and Maharashtra to the program was minimal and they showed no real interest to invest or be involved. More emphasis should be placed in future programs on incentives and measures that better attract private sector involvement and investment.

Project Number: 40156-013, 40156-033
Project Name: Sustainable Coastal Protection and Management Investment Program (Multitranche Financing Facility and Tranche 2)
Report Date:
Lesson
Financial intermediation loans, which can be used to finance the investment plans of enterprises, need to be supported by TA to build the capacity of participating banks and enterprises to achieve the intended development results.

Project Number: 39229-022
Project Name: Agriculture and Rural Development Project
Report Date:
Lesson
Aligning the financing instruments with the development needs and capacity of institutions is another key factor for ensuring the quality of design of value chain projects. For this project, grant financing and technical assistance (TA) were used to support product quality, institutional framework, and deposit guarantee during the initial phase. These were followed by a package of loans and TA to support loans for onlending and capacity building during the expansion phase.

Project Number: 39229-022
Project Name: Agriculture and Rural Development Project
Report Date:
Lesson
A clear identification of the development constraints and challenges providing the rationale for the project and a clear articulation of the value chain objectives are among the key factors influencing the quality of design of value chain projects.

Project Number: 39229-022
Project Name: Agriculture and Rural Development Project
Report Date:
Lesson
Adequate and thorough preparation at design enhances the project’s quality at entry which is critical in supporting the government’s and ADB’s priority to promote rural development and reduce poverty. Specifically, a greater consideration of the design and scope for improving disaster risk management and climate resilience could support the upgrading and rehabilitation of other infrastructures, such as roads, energy, and social services, resulting in higher development impacts.

Project Number: 40190-013
Project Name: Greater Mekong Subregion Flood and Drought Risk Management and Mitigation Project
Report Date:
Lesson
A project performance monitoring system (PPMS) based only on implementation and gender data has limited usefulness. To adequately evaluate the impact of a project and estimate its economic internal rate of return that reflects the primary and secondary benefits of the project, a PPMS needs to include the economic data of project beneficiaries, e.g., avoided economic losses.

Project Number: 40190-013
Project Name: Greater Mekong Subregion Flood and Drought Risk Management and Mitigation Project
Report Date:
Lesson
Financial sustainability of project assets and benefits, in this case, the sanitary and phytosanitary system, should be addressed at the outset or during implementation and not only identified as an issue at appraisal, and establishing appropriate financing mechanisms for operation and maintenance at the outset would help ensure adequate maintenance after project completion.

Project Number: 43120-013
Project Name: Trade Facilitation: Improved Sanitary and Phytosanitary (SPS) Handling in Greater Mekong Subregion Trade Project
Report Date:
Lesson
Active support of relevant government agencies and strong ownership of the project management units contribute significantly to project success. In developing member countries where institutional capacity is weak, it is critical that concerned agencies are both capacitated and committed in achieving the intended results.

Project Number: 43120-013
Project Name: Trade Facilitation: Improved Sanitary and Phytosanitary (SPS) Handling in Greater Mekong Subregion Trade Project
Report Date:
Lesson
A well-designed monitoring and evaluation system helps ensure proper attribution of project investments to the achieved outcomes, at project completion. Specifically, a monitoring and evaluation system, with sufficient and dedicated staff, could monitor and assess pertinent project-related data. These help in corroborating that systematically gathered information during implementation is indeed the result of a project’s intervention.

Project Number: 40190-013
Project Name: Greater Mekong Subregion Flood and Drought Risk Management and Mitigation Project
Report Date:
Lesson
It is good practice for an executing agency to conduct its own midterm review. This allowed timely assessment of progress and identification of issues that might cause shortfalls.

Project Number: 47305-002, 47305-004
Project Name: Horticulture Value Chain Development Project
Report Date:
Lesson
Hiring a consultant to periodically collect data is crucial in monitoring and subsequently maintaining output achievements. Similarly, it will be useful for financial intermediary projects to engage a consultant to monitor the Implementation status of subprojects.

Project Number: 47305-002, 47305-004
Project Name: Horticulture Value Chain Development Project
Report Date:
Lesson
Constant training and practice are effective in deepening stakeholder understanding of ADB safeguard requirements and the ways they can best be met. This was proven by this project's experience with the executing agency that had no prior exposure to the concept og an environmental and social management system.

Project Number: 47305-002, 47305-004
Project Name: Horticulture Value Chain Development Project
Report Date: