Strengthening Project Readiness, Procurement and Financial Management in Southeast Asia (ADB-53363-001)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Specific Location
Region-wide
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Dec 20, 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.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 1.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 8, 2020

Disclosed by Bank Dec 20, 2019


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Project Description

According to the bank document, the proposed regional knowledge and technical assistance (TA) seeks to strengthen the institutional capacity and practices of the Asian Development Bank (ADB) developing member countries (DMCs) on project readiness, procurement, and financial management.

The support will result in improved portfolio quality across the sectors covering countries in South East Asia and reduced setbacks that lead to project contract award and disbursement delays. This entails (i) Strengthening EA/IA project readiness, procurement and financial management capacity;

(ii) Supporting conduct of procurement and financial management in project implementation; and

(iii) Support undertaking of country procurement assessment and strategic planning.

The overarching goal is to strengthen DMCs' capacity to successfully design and implement ADB financed projects.

The proposed TA facility seeks to help the government develop the capacity of executing and implementing agencies for managing ADB-financed projects in the SERD. It is envisaged that this TA will further build on the primary project readiness and implementation support of the ongoing SERD projects.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Debra Ann D. Cruz

Responsible ADB Department Southeast Asia Department

Responsible ADB Division Office of the Director General, SERD

Executing Agencies

Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

*There is no further information being disclosed at this stage of the project*

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