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Lesson
Apart from offering concessional interest rates,ADB and China National Investment and Guaranty Corporation (I&G) could explore providing enhanced value-added services for ongoing and future financial intermediation loan initiatives in air quality improvement or climate change programs. The global economic slowdown dampened enthusiasm for green investments, while the rise in euro interest rates and the reduction of yuan lending rates since 2022 presented additional challenges for green financing eligible subprojects within the greater Beijing–Tianjin–Hebei region.

Project Number: 50096-002
Project Name: Air Quality Improvement in the Greater Beijing–Tianjin–Hebei Region—China National Investment and Guaranty Corporation’s Green Financing Platform Project
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Lesson
Most of the results were output based. There was limited evidence on the impact that the program was expected to have on reducing skill gaps in the labor market. A closer focus on the employability of students (through tracer studies) would help demonstrate program effectiveness.

Project Number: 48101-003
Project Name: Guizhou Vocational Education Development Program
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Lesson
The unit cost of technical and vocational education and training (TVET) is usually higher than that of general school education. Hence, to protect the program’s benefits, TVET output stream must be coordinated closely with the job market preferences of employers.

Project Number: 48101-003
Project Name: Guizhou Vocational Education Development Program
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Lesson
The education–employment linkages improve when both the demand for skills and their supply are strengthened together in a system.

Project Number: 48101-003
Project Name: Guizhou Vocational Education Development Program
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Lesson
As was done in this project, drawing from other ADB experiences and lessons in other developing member countries is a good practice that needs to be encouraged and utilized more proactively. Such practices help strengthen ADB’s value-add and deliver quality programs and projects.

Project Number: 48101-003
Project Name: Guizhou Vocational Education Development Program
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Lesson
Proper assessment of the borrower’s capacity and those of the executing agencies during the preparation phase supports project implementation which will help achieve the desired output and results. A delay in one key project component, due to weak capacity of agencies, could likely cause further delays in the subsequent activities such civil works which hampers the overall project implementation timeline.

Project Number: 44483-023, 44483-024, 44483-026, 44483-027
Project Name: Second Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program (Tranche 3 and Multitranche Financing Facility)
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Lesson
Performing an adequate level of due diligence and risk assessments at the early stage of project preparation increases the quality of project design and readiness. For example, preparatory work for procurement planning and administration of abnormally low bids (e.g., prequalification of bidders) supports and better streamlines the procurement process and avoids substantial changes in a project design and scope.

Project Number: 44483-023, 44483-024, 44483-026, 44483-027
Project Name: Second Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program (Tranche 3 and Multitranche Financing Facility)
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Lesson
At project appraisal, staff turnover in government agencies including project implementing units (PIUs) was identified as a risk. It could have been prudent for the resident mission to provide insight into mitigation measures based on experience in other ADB projects and those of other development partners, particularly in ensuring proper repository of project documents to facilitate the efficient transfer of project responsibilities to new PIU staff.

Project Number: 45010-002
Project Name: Skills for Employment Project
Report Date:
Lesson
Completion of project activities relied heavily on consultant inputs without coordination with specific departments in the executing and implementing agencies to enable capacity building and integration. Implementation arrangements during project design could have identified departments whose purpose aligned with the project initiatives to ensure sustainability upon project completion

Project Number: 45010-002
Project Name: Skills for Employment Project
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Lesson
The absence of a financial cost-benefit evaluation for the toll revenue-generating motorway is a methodological weakness. The project completion report (PCR) did not explain why it did not conduct a financial cost-benefit evaluation for the toll revenue-generating motorway. This validation notes that the RRP too did not conduct such evaluation.

Project Number: 48402-001, 48402-002
Project Name: National Motorway M–4 Gojra–Shorkot Section Project and National Motorway M–4 Gojra–Shorkot–Khanewal Section Project - Additional Financing
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Lesson
It is prudent to consider providing project implementation support through a better-staffed consulting to mitigate existing capacity gaps in project agencies. At project appraisal, ADB identified the executing agency as having limited experience with ADB projects; yet it was made responsible for leading project performance tracking by the proect implementation unit (PIU), with the support of only two individual consultants for a short term. Changes in government exacerbated the lack of leadership and management capacity of the PIU.

Project Number: 45010-002
Project Name: Skills for Employment Project
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Lesson
Due diligence for future projects should include developing a thorough understanding of the institutional setup and internal review and approval procedures as well as mapping out effective mitigation measures to minimize delays. This project's implementation was affected by cumbersome approval mechanisms at the executing agency (EA) headquarters for contract variations and extensions. Frequent interventions by ADB and EA top management were required to expedite decision-making.

Project Number: 48402-001, 48402-002
Project Name: National Motorway M–4 Gojra–Shorkot Section Project and National Motorway M–4 Gojra–Shorkot–Khanewal Section Project - Additional Financing
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Lesson
Timely and appropriate changes in scope and reallocation of loan and grant proceeds responding to actual project needs emerging from implementation can help utilize available loan and grant resources in a more targeted and efficient manner to facilitate more activities and deliver more outputs. For example, responding to the government’s request relating to E35 contributed directly to developing an efficient and safer transport corridor between Islamabad, Faisalabad, and Multan for more connectivity between the various parts of the country.

Project Number: 48402-001, 48402-002
Project Name: National Motorway M–4 Gojra–Shorkot Section Project and National Motorway M–4 Gojra–Shorkot–Khanewal Section Project - Additional Financing
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Lesson
Participatory approaches and stakeholder consultationsresult in widely accepted programs with a high potential for success. The design of the stipend program in this initiative followed extensive consultations and technical workshops with technical and vocational education and training (TVET) institutions, as well as development partners active in TVET. As a result of this participatory and collaborative approach, the stipend rate and disbursement mechanisms were widely accepted.

Project Number: 42278-024
Project Name: Second Strengthening Technical and Vocational Education and Training Project
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Lesson
Inadequate consideration of climatic constraints,working seasons in the project sites, difficult terrain, and availability of experienced local labor and construction materials can cause construction delays with implications on project implementation periods and costs .

Project Number: 37143-033
Project Name: North Eastern States Roads Investment Program - Project 2 and Multitranche Financing Facility
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