Guwahati, March 31: The Asian Development Bank (ADB) will set up a project office here to enhance the processing and implementation of its various schemes in the region.
The office will be set up to provide capacity building support to the ongoing projects as well as the future ones in the states of the region.
The bank’s experience in the region since 2003 has shown that it takes much longer than initially anticipated to design and implement investment projects here.
Sources said the ADB would soon set up the office under the Multistate and Multisector Project Management Capacity Building technical assistance project.
The project will be executed in Tripura, Mizoram, Sikkim, Nagaland, Meghalaya where investment programmes are currently under implementation, and in Assam where the processing of the new project in the agriculture and natural resources sector is at an advanced stage.
The technical assistance will continue till February 2012.
The ADB has set up its office here because it would be relatively easy to access the other five states and the rest of the country.
The project support office will have project implementation specialists as well as support staff.
The team will provide expert assistance and logistical support to the ADB processing missions and project review missions. It will also help officials of the project executing agencies in advance project preparation activities such as feasibility studies, detailed project reports and detailed engineering design.
Emphasis will be given to project implementation by reviewing documents prior to submission to the ADB (such as bidding documents and bid evaluation reports).
as well as providing advice in contract awards, contract management, construction supervision, disbursement and financial audit.
The team will also provide assistance to the project executing agencies in setting up a project management system.
The office will be set up to provide capacity building support to the ongoing projects as well as the future ones in the states of the region.
The bank’s experience in the region since 2003 has shown that it takes much longer than initially anticipated to design and implement investment projects here.
Sources said the ADB would soon set up the office under the Multistate and Multisector Project Management Capacity Building technical assistance project.
The project will be executed in Tripura, Mizoram, Sikkim, Nagaland, Meghalaya where investment programmes are currently under implementation, and in Assam where the processing of the new project in the agriculture and natural resources sector is at an advanced stage.
The technical assistance will continue till February 2012.
The ADB has set up its office here because it would be relatively easy to access the other five states and the rest of the country.
The project support office will have project implementation specialists as well as support staff.
The team will provide expert assistance and logistical support to the ADB processing missions and project review missions. It will also help officials of the project executing agencies in advance project preparation activities such as feasibility studies, detailed project reports and detailed engineering design.
Emphasis will be given to project implementation by reviewing documents prior to submission to the ADB (such as bidding documents and bid evaluation reports).
as well as providing advice in contract awards, contract management, construction supervision, disbursement and financial audit.
The team will also provide assistance to the project executing agencies in setting up a project management system.
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