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Lesson
Better estimation of generated traffic based on "with project” and “without project” traffic forecasts help avoid overestimation of vehicle operating cost savings and, hence, overestimation of economic internal rate of returns.

Project Number: 41629-013, 44425-013
Project Name: Bihar State Highways II Project
Report Date:
Lesson
It is important to obtain accurate information during the design and appraisal stage to help facilitate growth forecasts of traffic volumes. Such information provides a solid groundwork to assess a transport project’s economic viability and efficiency and helps underpin its rationale, scope, and implementation timeframe. Greater consideration on the survey or collection of traffic data is crucial in enhancing the quality of project-level economic analysis

Project Number: 41629-013, 44425-013
Project Name: Bihar State Highways II Project
Report Date:
Lesson
The establishment of a project performance management system (PPMS), which was not covenanted in the grant agreement, could have provided a useful source of data on which to develop an economic analysis model; identify, quantify, and value economic benefits; and assess the efficiency of the project. Because of the emergency nature of the project, baseline data could be collected during project implementation to enable data comparison after project completion.

Project Number: 52129-001
Project Name: Cyclone Gita Recovery Project
Report Date:
Lesson
Appropriate contract packaging, adequate consideration of all the factors that could hinder works execution, and the incorporation in project design and implementation of risk mitigation measures are crucial to ensuring the timely completion of projects.

Project Number: 40423-053
Project Name: Rural Connectivity Investment Program - Tranche 3 and MFF
Report Date:
Lesson
The economic benefits of regional transport corridors cannot be maximized without common recognition by target user countries of the international status of the facilities and the upgrading of all connecting, feeder roads.

Project Number: 46543-002
Project Name: Central Asia Regional Economic Cooperation Corridors 3 and 5 Enhancement Project
Report Date: