Regional: South Asia Subregional Economic Cooperation III (SASEC III)

Sovereign Project | 37648-012

Summary

The overall goal of RETA is to accelerate pro-poor economic growth of participating SASEC countries, and thereby help achieve poverty reduction in the subregion. The main purpose of RETA is to identify and prioritize subregional projects in the SASEC member countries, and cross regional projects with other South Asian countries and GMS countries in close coordination and cooperation with SAARC and BIMSTEC.

The RETA includes: (i) providing a forum for dialogue and interaction; (ii) preparing background and issue papers, and conducting studies for identifying and prioritizing subregional projects; and (iii) supporting the implementation of priority projects and activities.

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Project Name South Asia Subregional Economic Cooperation III (SASEC III)
Project Number 37648-012
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6297-REG: South Asia Subregional Economic Cooperation III (SASEC III)
Technical Assistance Special Fund US$ 1.00 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change
Sector / Subsector Public sector management - Economic affairs management
Gender Equity and Mainstreaming No gender elements
Description

The overall goal of RETA is to accelerate pro-poor economic growth of participating SASEC countries, and thereby help achieve poverty reduction in the subregion. The main purpose of RETA is to identify and prioritize subregional projects in the SASEC member countries, and cross regional projects with other South Asian countries and GMS countries in close coordination and cooperation with SAARC and BIMSTEC.

The RETA includes: (i) providing a forum for dialogue and interaction; (ii) preparing background and issue papers, and conducting studies for identifying and prioritizing subregional projects; and (iii) supporting the implementation of priority projects and activities.

SASEC Phase III focuses on forging closer interactions between sectors, developing and strengthening linkages with other regional and subregional cooperation initiatives such as SAARC and BIMSTEC; and adopting more flexible membership. Workshops, forums, meetings between SASEC working groups and with similar working groups under BIMSTEC and SAARC, as appropriate, may also be organized.

Project Rationale and Linkage to Country/Regional Strategy The RETA is included in the Regional Cooperation Strategy and Program (RCSP) for South Asia as a core subregional program to promote project-based cooperation.
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Regional (Bangladesh, Bhutan, India and Nepal plus Sri Lanka for Tourism)
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services Eighteen person-months of international consultancy services and 54 person-months of domestic consultancy services will be provided through individual consultant selection.
Responsible ADB Officer Cuong Minh Nguyen
Responsible ADB Department South Asia Department
Responsible ADB Division Regional Cooperation and Operations Coordination Div, SARD
Executing Agencies
Asian Development BankMr. Cuong Minh Nguyencuongnguyen@adb.org6 ADB Avenue, Mandaluyong
Metro Manila, Philippines
P.O. Box 789, 1099 Manila,
Philippines
Timetable
Concept Clearance 10 Mar 2005
Fact Finding 11 Mar 2005 to 25 Mar 2005
MRM -
Approval 22 Dec 2005
Last Review Mission -
PDS Creation Date 01 Mar 2006
Last PDS Update 21 Oct 2010

TA 6297-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
22 Dec 2005 - 22 Dec 2005 30 Jun 2007 31 Aug 2010 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,000,000.00 0.00 0.00 0.00 0.00 0.00 1,000,000.00 22 Dec 2005 836,840.91
Title Document Type Document Date
South Asia Subregional Economic Cooperation III TA Completion Reports Oct 2011
South Asia Subregional Economic Cooperation III Technical Assistance Reports Dec 2005

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

No documents found.


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