Regional : Southeast Asia Public Management, Financial Sector, and Trade Policy Facility
The transaction technical assistance (TA) facility will provide technical support, capacity building, and policy advice to prepare a series of ensuing programs and projects to strengthen public management, financial sector, and trade policies in the Southeast Asian developing member countries (DMCs) of the Asian Development Bank (ADB) during 2019-2022. The TA facility will combine supports for policy and reform actions required by the Southeast Asian DMCs to prepare various policy-based and project loans during 2019-2021. The TA facility, therefore, enables ADB to strengthen its engagement with policies and reforms in the Southeast Asian DMCs, thereby strengthening results and outcomes of the reforms, catalyzing resources needed for development, strengthening ADB's knowledge services and support to the DMCs, and improving ADB''s response to client needs with respect to policy designs, capacity building, and knowledge management.
Southeast Asia Department
Request for information
|Project Name||Southeast Asia Public Management, Financial Sector, and Trade Policy Facility|
|Country / Economy||Regional
Lao People's Democratic Republic
|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||
Finance / Finance sector development - Inclusive finance - Infrastructure finance and investment funds - Insurance and contractual savings
Industry and trade / Industry and trade sector development - Small and medium enterprise development
Public sector management / Decentralization - Public administration - Public expenditure and fiscal management
|Gender||Effective gender mainstreaming|
|Description||The transaction technical assistance (TA) facility will provide technical support, capacity building, and policy advice to prepare a series of ensuing programs and projects to strengthen public management, financial sector, and trade policies in the Southeast Asian developing member countries (DMCs) of the Asian Development Bank (ADB) during 2019-2022. The TA facility will combine supports for policy and reform actions required by the Southeast Asian DMCs to prepare various policy-based and project loans during 2019-2021. The TA facility, therefore, enables ADB to strengthen its engagement with policies and reforms in the Southeast Asian DMCs, thereby strengthening results and outcomes of the reforms, catalyzing resources needed for development, strengthening ADB's knowledge services and support to the DMCs, and improving ADB''s response to client needs with respect to policy designs, capacity building, and knowledge management.|
|Project Rationale and Linkage to Country/Regional Strategy||
Sound macroeconomic management and progressive reforms have played a pivotal role in Southeast Asia''s economic performance. The banking system was restructured, with more tightened financial regulations. Local currency bond markets have been deepened to reduce country exposure to exchange rate risks and capital flow volatility. Fiscal policy has been more prudent and targeted at achieving the medium- to long-term national development goals that are aligned with the Sustainable Development Goals. Industrial and trade policies have successfully established globally competitive economic clusters by fostering international trade and foreign investment and improving ease of doing business. Governments continue to tackle corruption and improve governance and institution by adopting international standards and practices.
While sound economic fundamentals and prudent macroeconomic policy will continue to uphold an optimistic outlook, Southeast Asia''s continued growth prospect is not preordained. Policy reforms need to be further strengthened to address evolving development challenges and build resilience against emerging uncertainties. These challenges include: (i) deepening capital markets and financial inclusion; (ii) strengthening public finance management; and (iii) expanding trade and competitiveness.
The TA facility is aligned with the operational priorities of the Strategy 2030 in terms of strengthening governance and institutional capacity (operational priority 6) and fostering regional cooperation and integration (operational priority 7). It will directly contribute to the Southeast Asian DMCs'' Sustainable Development Goals (SDGs). It catalyzes resources and synergies for responding to the DMCs'' emerging and evolving policy and reform challenges through policy advisory services, knowledge management support, and capacity building to put forward the key reform agendas in three areas: (i) capital markets and financial inclusion; (ii) public finance and management; and (iii) trade and competitiveness.
|Description of Outcome|
|Progress Toward Outcome|
|Description of Project Outputs|
|Status of Implementation Progress (Outputs, Activities, and Issues)|
|Geographical Location||Cambodia - Nation-wide; Indonesia - Nation-wide; Lao People's Democratic Republic - Nation-wide; Myanmar - Nation-wide; Philippines - Nation-wide; Timor-Leste - Nation-wide; Viet Nam - Nation-wide|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design|
|During Project Implementation|
International: 140 person-months
National: 250 person-months
|Procurement||The TA facility will recruit individual and firm consultants from both national and international sources depending on the nature of each ensuing project and availability and suitability of consultants. SEPF will maintain regular contacts with the Governments of the Southeast Asian DMCs as well as with the consultants to ensure work proceeds according to the agreed schedules and expected outputs. TA review missions and consultant progress reports will provide adequate monitoring and evaluation of TA delivery.|
|Responsible ADB Officer||Chongvilaivan, Aekapol|
|Responsible ADB Department||Southeast Asia Department|
|Responsible ADB Division||Public Management, Financial Sector and Trade Division, SERD|
Asian Development Bank
|Approval||28 Jun 2019|
|Last Review Mission||-|
|Last PDS Update||29 Sep 2020|
|Approval||Signing Date||Effectivity Date||Closing|
|28 Jun 2019||-||28 Jun 2019||30 Jun 2022||28 Jun 2024||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|7,545,000.00||2,500,000.00||0.00||0.00||0.00||0.00||10,045,000.00||22 Sep 2022||4,825,147.25|
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.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
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|
|Southeast Asia Public Management, Financial Sector, and Trade Policy Facility: Major Change in Technical Assistance||TA Change in Scope, Amount, and Implementation Arrangements||May 2021|
|Southeast Asia Public Management, Financial Sector, and Trade Policy Facility: Technical Assistance Report||Technical Assistance Reports||Jun 2019|
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.
None currently available.
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.
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|Contract Title||Approval Number||Contract Date||Contractor | Address||Executing Agency||Total Contract Amount (US$)||Contract Amount Financed by ADB (US$)|
|Project Preparatory Technical Assistance||Technical Assistance 9766||07 Feb 2022||WILLIS LTD GBP (U.K.) in association with Risk Management Solutions (U.S.A.) | 51 Lime Street London, United Kingdom EC3M 7DQ||Asian Development Bank||2,126,000.00||—|
|Project Preparatory Technical Assistance||Technical Assistance 9766||02 Nov 2021||ASIAGATE NETWORKS, INC. (PHILIPPINES) | 2/F PNB Legazpi-Sotto Building, formerly VMC, 165 Legazpi-Sotto Street, Legaspi Village, Makati City, NCR 1229 Philippines||Asian Development Bank||104,900.00||—|
None currently available.