Strengthening Project Readiness, Procurement and Financial Management in Southeast Asia
The regional transaction technical assistance (TA) will strengthen the institutional capacity and practices of the Asian Development Bank (ADB) developing member countries (DMCs) on project readiness, procurement, and financial management. The support will result in improved portfolio quality across the sectors covering countries in South East Asia and reduced setbacks that lead to project contract award and disbursement delays. This entails (i) Strengthening EA/IA project readiness, procurement and financial management capacity; (ii) Supporting conduct of procurement and financial management in project implementation; and (iii) Support undertaking of country procurement assessment and strategic planning. The overarching goal is to strengthen DMCs’ capacity to successfully design and implement ADB financed projects.
Output 1: Project readiness, procurement, and financial management capacity of DMCs strengthened. The TA facility will provide (i) relevant seminars, training, and workshops to the DMCs; (ii) practical solutions to identified procurement and financial management issues on an institutional level to remove hurdles; and (iii) hands-on support to project executing and implementing agencies at key stages of project implementation including procurement and financial management activities, with initial focus on at-risk projects.
Output 2: Country procurement and financial management assessments prepared. The TA facility will provide the following: Strengthen country financial management by performing gap assessments, determining financial management deficiencies at the institutional level, and supporting development of a long-term road map outlining short-, medium- and long-term action plan and the associated areas of support required, to be used for coordination of assistance efforts by ADB, World Bank and other development partners.
SAIs connected to this project