Corporate Evaluation: Private Sector Operations Strategic Approach and Results, 2017–2023

ONGOING EVALUATION. IED will undertake an independent evaluation of the Asian Development Bank’s (ADB’s) strategic approach to private sector operations in Asia and the Pacific. Given the importance of expanding private sector operations to achieve ADB’s Strategy 2030 goals and the upcoming end of ADB’s Operational Plan for private sector operations in 2024, this evaluation will assess progress, identify lessons, and inform the future direction of ADB support through the Private Sector Operations Department (PSOD). The evaluation will draw relevant lessons from past and present performance, enhance understanding of PSOD’s comparative strengths and weaknesses, and inform future strategic approaches and investment design to improve development effectiveness.