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Lesson
Well-designed road facilities and the systematic monitoring and collection of the traffic accident and volume data are critical for transport policy and for safe and sustainable transport over the long term. Road investments alone cannot ensure that sustainability objectives are achieved; complementary measures are needed to offset the adverse impacts of infrastructure provision, but to support this, traffic accident and count data need to be accurately collected and monitored.

Project Number: 41121-023, 41121-033, 41121-043, 41121-053, 45150-001
Project Name: CAREC Transport Corridor 1 (Zhambyl Oblast Section) [Western Europe–Western People’s Republic of China International Transit Corridor] Investment Program and Taraz Bypass Project (Kazakhstan)
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Lesson
Innovative technologies need to be carefully assessed and monitored to determine their efficacy and sustainability. As new technologies are made available through various projects, close monitoring of their application and performance and as well as best practices should be incorporated so they can contribute to the success of the program and projects. Accumulation of this knowledge and its proper dissemination within ADB will ensure that it can be applied to other projects in different locations.

Project Number: 41121-023, 41121-033, 41121-043, 41121-053, 45150-001
Project Name: CAREC Transport Corridor 1 (Zhambyl Oblast Section) [Western Europe–Western People’s Republic of China International Transit Corridor] Investment Program and Taraz Bypass Project (Kazakhstan)
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Lesson
ADB’s active intervention upfront as a project financer could help resolve potential implementation issues and avoid any complications in project implementation.

Project Number: 45174-001
Project Name: Dhaka–Chittagong Expressway Public–Private Partnership Design Project
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Lesson
A well-programmed procurement plan and design could help avoid unnecessary costs and delays.

Project Number: 45174-001
Project Name: Dhaka–Chittagong Expressway Public–Private Partnership Design Project
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Lesson
In road projects that address rural development, socioeconomic data on the impact of the project and traffic volumes are often difficult to obtain.

Project Number: 40423-023
Project Name: Rural Connectivity Investment Program – Tranche 1
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Lesson
The level, timing, focus, number, prioritization, sequencing, and flexibility of the reform actions are likely to be unique to each program of reforms and to change.

Project Number: 48361-001, 48361-002, 48361-003
Project Name: Building Macroeconomic Resilience Program
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Lesson
A more detailed, formal assessment of individual, organizational, and institutional capacity before program design that could then be monitored during implementation might also have helped strengthen program implementation.

Project Number: 48361-001, 48361-002, 48361-003
Project Name: Building Macroeconomic Resilience Program
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Lesson
The lack of a well-designed platform for generating long-term savings and investment products results in low achievement of program results.

Project Number: 48427-001, 48427-002
Project Name: Encouraging Investment through Capital Market Reforms Program
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Lesson
A good DMF with specific, appropriate, and measurable performance indicators is critical in an MFF program where earlier tranches provide pilots for subsequent reforms.

Project Number: 39538-013, 39538-035
Project Name: State-Owned Enterprises Reform and Corporate Governance Facilitation Program (Tranche 2 and Multitranche Financing Facility)
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Lesson
Capacity development for public sector officials is a long-term issue and a short-term TA, as provided in tranche 2 ,is not likely to help.

Project Number: 39538-013, 39538-035
Project Name: State-Owned Enterprises Reform and Corporate Governance Facilitation Program (Tranche 2 and Multitranche Financing Facility)
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Lesson
Risk assessment is an important part of program initiation and requires all parties involved to assess the risks and develop meaningful mitigation strategies.

Project Number: 39538-023
Project Name: MFF–SOE Reform and Corporate Governance Facilitation Program—Tranche 1
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Lesson
It is important to ensure that before an RRP is approved, the DMF has performance indicators that are specific and measurable, and that the data source is appropriate.

Project Number: 39538-023
Project Name: MFF–SOE Reform and Corporate Governance Facilitation Program—Tranche 1
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Lesson
A dedicated credit risk team, taking charge of credit risk management and functioning independent of credit origination, is essential to improving credit underwriting.

Project Number: 46268-002
Project Name: Clean Energy Finance Investment Program – Tranche 1
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Lesson
Loan covenants need to be continually assessed and updated, considering changes in the operating environments.

Project Number: 46268-002
Project Name: Clean Energy Finance Investment Program – Tranche 1
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Lesson
PPP projects need to address the particular issues and concerns of clients.

Project Number: 48458-001, 48458-003
Project Name: Expanding Private Participation in Infrastructure Program
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