Improving Project Implementation and Portfolio Performance in South Asia (ADB-53137-001)

Regions
  • South Asia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 29, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Regional
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Communications
  • Energy
  • Technical Cooperation
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Fund
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS May 21, 2020

Disclosed by Bank Oct 30, 2019


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Project Description

According to bank website, "The transaction technical assistance facility (TRTA facility) will provide financial management, procurement, and project management-related capacity building and support to ongoing and future projects within South Asia. Lessons learned from the implementation of TA 8555-REG have contributed to the improvement of effective procurement operations and project implementation in Asian Development Bank (ADB) funded projects in South Asia. Notwithstanding the successful implementation of the previous TA, the continuation and expansion of the scope of the TRTA facility support is essential for the growth of ADB operations in the region in response to the new operational demands under Strategy 2030. The proposed support would include country and sector specific assessments and recommendations on financial and project management, and procurement processes. Specifically, the TRTA facility will provide (i) demand driven assistance on project design and implementation; (ii) studies, seminars and workshops on financial management; (iii) enhancement of the procurement and contract management capacity of executing agencies through the engagement of IT specialists, procurement consultants and International Federation of Consulting Engineers (FIDIC) experts; and (iv) knowledge sharing of best practices."

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Atsushi Kaneko
Responsible ADB Department South Asia Department
Responsible ADB Division Office of the Director General, SARD
Executing Agencies
Asian Development Bank
6 ADB Avenue, Mandaluyong City 1550, Philippines

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main