Nepal: Support for Formulating an Economic Development Vision

Sovereign Project | 45217-002 Status: Active

Project Details

Project Officer
ADB Disclosure South Asia Department Request for information
  • Nepal
  • Technical Assistance
  • Energy
  • Finance
  • Industry and trade
  • Public sector management
  • Transport
Project Name Support for Formulating an Economic Development Vision
Project Number 45217-002
Country Nepal
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8261-NEP: Support for Formulating an Economic Development Vision
Technical Assistance Special Fund US$ 700,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Private sector development
Sector / Subsector

Energy - Energy sector development and institutional reform

Finance - Finance sector development

Industry and trade - Industry and trade sector development

Public sector management - Economic affairs management

Transport - Air transport - Road transport (non-urban)

Gender Equity and Mainstreaming
Project Rationale and Linkage to Country/Regional Strategy

Project Outcome

Description of Outcome
Progress Toward Outcome

The process of formulating a Socioeconomic Development Vision 2030 envisaging these agendas has been initiated by NPC since February 2016.

Since the inception seminar in March 2016, there was a change in the government in August 2016, leading to a change in the NPC team. As a result of this it took some time to reassess the concept and give momentum to the envisioning exercise.

In early 2017, three high-level study visits were organized with the Vice Chairman and different members of NPC participating in the trip to Viet Nam, Sri Lanka and Malaysia.

Dr. Ajay Chhibber (Consultant, Senior Economic Development Specialist/Advisor) presented key elements and a road map for the long-term economic vision, to NPC team, including members.

NPC organized a high-level meeting of key economic thinkers from different political parties, current and former top government officials and representatives of the private sector. Dr. Ajay Chhibber also made a presentation to this group.

NPC is currently synthesizing initial ideas of different experts, mostly NPC members, to come up with a concise concept paper, which will be presented to the Cabinet for approval by end-April 2017.

Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)

A conceptual framework of Envisioning Nepal 2030 is being prepared. A high-level inception seminar was organized on 28 March 2016 to deliberate on the concept paper. A comprehensive proceeding of the seminar has been prepared.

Work on three background papers have been commissioned, including energy, exports potential, and tackling trade deficit.

More background papers will be initiated after the Cabinet's approval of the concept paper.

Geographical Location

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design

Ministry of Finance


National Planning Commission


World Bank

The consultations with Ministry of Finance, Office of the Prime Minister and Council of Ministers, National Planning Commission, DFID, and World Bank were held during a formal reconnaissance mission and frequent informal dialog meetings. The discussion focussed on conceptualizing the process of formulating the proposed economic development vision for the country, the timing for undertaking this process, preparations for the various TA activities, particularly the Summit, and the targeted development outcome and impact of the proposed TA.

During Project Implementation Further stakeholder consultations were undertaken for the inception seminar on 28 March 2016, and the process thereafter.

Business Opportunities

Consulting Services

The TA will require 20 person-months of consulting services (9 person-months international and 11 person-months national). The consultants will be recruited through a reputable organization (consultant firm) that is highly professional and experienced in preparing and organizing similar high-level international economic forums. Within this framework, the selected organization will also undertake specialized studies on the sectors and themes selected for the summit through the engagement of local experts, from which additional 12 person-months of inputs will be required. Based on the selected sectors and themes to be finalized in consultation with the government and other stakeholders (from among the tentative list in para. 12), these additional experts will be selected by the consultant firm in consultation with ADB from among the best-qualified and available local experts. In addition, the consultant firm will further engage an event management agent to manage the logistics for the summit. The outline terms of reference for consultants are in Appendix 3.

In view of (i) the need to engage a highly reputed organization that can manage the summit with high-level international experts (a critical component of the TA), and (ii) urgency to organizing the summit by September 2013 and to reflect the outputs in the medium-term development plan of the government within 2013, the TA will recruit the consultant firm through the quality- and cost-based selection method with simplified technical proposals. ADB will adopt fast-track measures, including advance actions. The consultants will be selected in accordance with ADB's Guidelines on the Use of Consultants (2010, as amended from time to time). Office equipment required for the implementation of the TA will be procured in accordance with ADB's Procurement Guidelines (2010, as amended from time to time), and will be handed over to the government upon completion of the TA. Disbursements under the TA will be in accordance with ADB's Technical Assistant Disbursement Handbook (2010, as amended from time to time).

The TA will be implemented over 15 months, from 1 February 2013 to 30 April 2014. The steering committee will meet for the inception of the TA, and at least every 2 months thereafter to review the implementation progress and resolve any related issues. It will provide policy guidance to the SOC for effective day-to-day implementation of the TA and for organizing the summit. The steering committee and the SOC may invite representatives of the private sector, civil society, and other stakeholders to their meetings. ADB will field frequent missions to review implementation progress, and to guide the TA consultants (in consultation with MOF). These missions will make appropriate recommendations to MOF and ADB management should the implementation environment change drastically, affecting the achievement of the TA objectives.

Responsible Staff

Responsible ADB Officer ADB Disclosure
Responsible ADB Department South Asia Department
Responsible ADB Division Nepal Resident Mission
Executing Agencies
National Planning Commission
Singha Durbar
Kathmandu, Nepal
or P.O. Box 1284


Concept Clearance -
Fact Finding -
Approval -
Last Review Mission -
Last PDS Update 14 Mar 2017

TA 8261-NEP

Approval Signing Date Effectivity Date Closing
Original Revised Actual
11 Dec 2012 09 Jan 2013 09 Jan 2013 30 Apr 2014 30 Sep 2017 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
700,000.00 0.00 0.00 0.00 0.00 0.00 700,000.00 11 Dec 2012 342,889.32

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

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In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Title Document Type Document Date
Support for Formulating an Economic Development Vision Technical Assistance Reports Dec 2012

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.

The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.


No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.