Regional: Strengthening Conduct of Economic Appraisal of Projects and Programs in Developing Member Countries (Subproject 1)
Subproject 1 is designed to strengthen the capacity of DMC officials/technical staff to carry out economic analysis to support their investment design and selection. It will also support support preparation of methodological notes or guidebooks on selected economic analysis methodologies to enhance conduct of economic analysis. The outputs of the TA aim to promote allocative efficiency, equity considerations and project sustainability of programs and projects being implemented by DMCs. It will also complement the Guidelines on Economic Analysis of Investment Projects 2017.
Cham, Maria Rowena M.
Economic Research and Regional Cooperation Department
Request for information
- Public sector management
|Project Name||Strengthening Conduct of Economic Appraisal of Projects and Programs in Developing Member Countries (Subproject 1)|
|Country / Economy||Regional
|Project Type / Modality of Assistance||Technical Assistance
|Source of Funding / Amount||
|Strategic Agendas||Environmentally sustainable growth
Inclusive economic growth
|Drivers of Change||Gender Equity and Mainstreaming
Governance and capacity development
Private sector development
|Sector / Subsector||
Public sector management / Economic affairs management
|Gender Equity and Mainstreaming||Some gender elements|
|Description||Subproject 1 is designed to strengthen the capacity of DMC officials/technical staff to carry out economic analysis to support their investment design and selection. It will also support support preparation of methodological notes or guidebooks on selected economic analysis methodologies to enhance conduct of economic analysis. The outputs of the TA aim to promote allocative efficiency, equity considerations and project sustainability of programs and projects being implemented by DMCs. It will also complement the Guidelines on Economic Analysis of Investment Projects 2017.|
|Project Rationale and Linkage to Country/Regional Strategy||
Asia and the Pacific_continues to face large infrastructure investment gap. Although alternative financing schemes have been emerging to help ease the fiscal burden, reforms in other areas such as in governance, legal and regulatory framework to enhance investment climates would have to be undertaken._The lack of well prepared financially and economically viable projects has contributed to hindering the DMCs to implement these programs and projects to support their quest for growth.
DMCs' capacities for the conduct of adequate due diligence, particularly for economic and financial due diligence, greatly vary. Only selected DMCs have established processes and capacities for conduct of economic due diligence in line with ADB s requirements as outlined in ADB Charter and policies. Even in case of majority of these DMCs, methodologies and viability criteria need to be revisited and updated. This weak capacity often leads to allocation of unviable projects especially for private sector financing and PPPs and have caused major delay in their implementation. Weak capacity in project economic analysis also causes misallocation of scarce fiscal resources to project with suboptimal development impacts. This also affects the selection of infrastructure projects to be financed by ADB and other development partners. On the other hand, weak capacity in assessing the impact of structural reforms required in creating enabling environment for increased public and private sector investment in infrastructure and even in other sectors hampers policy dialogue and the preparation of progressive policy reforms. Weak preparation can result in poor design and slow the pace of reforms
Given these, there is pressing need for the development partners to assist the DMCs in building their capacities and processes for conduct of adequate level of due diligence in key areas including economic due diligence. In case of DMCs with limited capacity and with no-defined processes for conduct of economic due diligence, the focus will need to be in developing their own processes and guidelines and train the DMC officials in conduct of economic due diligence. In case of DMCs with existing capacity and processes for economic due diligence, the focus needs to be on assistance for reviewing and updating the current methodologies and processes, and familiarizing the staff in applying the updated methodologies and processes.
More efficient resource allocation by DMC governments achieved.
|Description of Outcome||
Use of economic analysis or assessment in project or program selection and design increased
|Progress Toward Outcome|
|Description of Project Outputs||
Capacity Development in Economic Analysis of Investment Projects
Capacity Development in Economic Assessment of Policy Reforms
|Status of Implementation Progress (Outputs, Activities, and Issues)|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design|
|During Project Implementation|
|Responsible ADB Officer||Cham, Maria Rowena M.|
|Responsible ADB Department||Economic Research and Regional Cooperation Department|
|Responsible ADB Division||Economic Analysis and Operations Support Division|
Asian Development Bank
|Approval||19 Dec 2018|
|Last Review Mission||-|
|Last PDS Update||19 Dec 2018|
|Approval||Signing Date||Effectivity Date||Closing|
|19 Dec 2018||-||19 Dec 2018||31 Dec 2020||18 Dec 2023||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|1,500,000.00||0.00||0.00||0.00||0.00||0.00||1,500,000.00||15 Dec 2022||677,672.14|
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 Access to Information Policy (AIP) 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|
|Strengthening Conduct of Economic Appraisal of Projects and Programs in Developing Member Countries—Subproject 1: Technical Assistance Subproject Report||TA Subproject Proposal||Dec 2018|
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.
|Title||Document Type||Document Date|
|Contingent Valuation of Nonmarket Benefits in Project Economic Analysis: A Guide to Good Practice||Guides||Dec 2021|
|Accessibility Analysis of the South Commuter Railway Project of the Philippines||Papers and Briefs||Aug 2021|
The Access to Information Policy (AIP) 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.
|Tender Title||Type||Status||Posting Date||Deadline|
|PRC: Hubei Huanggang Dabie Mountain Ecological Restoration and Carbon-Neutral Green Development Project||Individual - Consulting||Closed||05 Jan 2023||11 Jan 2023|
|Improving Application of Economic Analysis in ADB Operations||Individual - Consulting||Closed||14 May 2022||20 May 2022|
|Job Creation Effects of MSME Projects||Individual - Consulting||Closed||19 Feb 2022||25 Feb 2022|
|Environment and Natural Resource Economist||Individual - Consulting||Closed||16 Oct 2021||22 Oct 2021|
|Research Analyst||Individual - Consulting||Closed||04 Jun 2021||10 Jun 2021|
|GIS Expert||Individual - Consulting||Closed||27 Apr 2021||03 May 2021|
|Spatial CGE Analysis of North-South Commuter Rail||Firm - Consulting||Closed||13 Feb 2021||27 Feb 2021|
|Data Analyst - Economic and Social Impacts of the Philippine Commuter Railway Project||Individual - Consulting||Closed||25 Nov 2020||01 Dec 2020|
|Manuscript Editor||Individual - Consulting||Closed||09 Oct 2020||15 Oct 2020|
|Research Associate||Individual - Consulting||Closed||16 Nov 2019||22 Nov 2019|
|Project Economist||Individual - Consulting||Closed||06 Mar 2019||12 Mar 2019|
No contracts awarded for this project were found
None currently available.