Regional: Asian Bonds Online Website Project, Phase IV

Sovereign Project | 42348-013 Status: Closed

Summary

Latest Project Documents


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Project Name Asian Bonds Online Website Project, Phase IV
Project Number 42348-013
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 7878-REG: Asian Bonds Online Website Project, Phase IV
Technical Assistance Special Fund US$ 1.50 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change
Sector / Subsector

Finance - Money and capital markets

Gender Equity and Mainstreaming No gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
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

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

A total of 50 person-months of international consulting and 225 person-months of national consulting services are required for the TA, which will cost a total of $1,150,000 including remuneration, travel, and per diem. Individual consultants and resource persons will be hired according to ADB's Guidelines on the Use of Consultants (2010, as amended from time to time). For this TA, hiring a team of consultants will provide more benefits for ADB than engaging a firm due to the following reasons: (i) faster mobilization of consultants, (ii) greater control by ADB staff in selecting and managing individual consultants; (iii) greater flexibility in engaging experts specializing in a broad spectrum of finance-related topics. The project team leader will be an OREI staff, assisted by a contract administration team also OREI staff. One international consultant, a bond market specialist, will assist OREI in supervising and coordinating the activities of each expert, and consolidating individual outputs. The other international consultants will comprise one economics editor, who will review and edit the contents of the ABO website and related publications; bond market economists, who will conduct an in-depth evaluation of the development of various bond markets; and financial market specialists who will conduct an in-depth evaluation of financial markets. About eight resource persons, for an equivalent of two person months, will be invited to participate in seminars as speakers and discussants.

The TA requires the following national consultants to operate and develop the ABO website: one project coordinator/researcher to coordinate outputs and conduct research work with financial analysts; a senior analyst to provide in-depth analyses, draft working papers, and contribute to publications; and six financial market analysts, each with country-specific assignments, who will monitor and analyze capital markets and policy issues in the participating countries and will assist in the supervision of the ABO website's operation. One website administrator and two web specialists are also needed to for system/database development and maintenance. One national consultant will be engaged for graphics and design, and another consultant for typesetting and publications layout.

Procurement

ADB will be the executing agency for the TA. The Office of Regional Economic Integration (OREI) will implement the TA, in close consultation with ASEAN+3 ABMI officials, and supervise the work of TA consultants. The TA is expected to be completed over a period of 18 months from October 2011 to March 2013.

Disbursements under the TA will be in accordance with the ADB's Technical Assistance Disbursement Handbook (May 2010, as amended from time to time). Purchases of equipment (e.g., computer hardware and software) and statistical databases will be undertaken in accordance with ADB's Procurement Guidelines (2010, as amended from time to time) and in coordination with ADB's Office of Information Systems and Technology and Office of Administrative Services, where applicable. After the TA, any procured equipment will be disposed of in compliance with Project Administration Instructions 5.11. The estimated cost of new equipment, computer software, and databases is $40,000.

Responsible Staff

Responsible ADB Officer Thiam Ng
Responsible ADB Department Economic Research and Regional Cooperation Department
Responsible ADB Division ERMR
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

Timetable

Concept Clearance 24 Mar 2011
Fact Finding -
MRM -
Approval -
Last Review Mission -
Last PDS Update 14 Oct 2011

TA 7878-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
03 Oct 2011 - 03 Oct 2011 31 Mar 2013 31 Jul 2014 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,500,000.00 0.00 0.00 0.00 0.00 0.00 1,500,000.00 03 Oct 2011 1,414,520.95

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


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