be derived when is a broader loans and grants policy issue for are used the department together. to consider, rather than a specific lesson for the Indonesia program. Applicability of lesson to / current or Lesson Disagree future investments in Indonesia Cost benefit The here analysis is an appears to be Partially inadequate one of agree for transparency project rather than The limitations of selection- use of cost cost benefit benefit analysis. The analysis to review guide the acknowledges selection of that the EIRR of infrastructure 15 percent was projects is not met in all necessary but cases, which not sufficient suggests that to ensure other factors appropriate influenced the projects are selection of supported. As projects the – outlined in real question chapter 6, here is whether development these factors led benefits do to the correct vary from roads being project to selected? project and a Multi-criteria selection analysis would process which have provided is able to take greater a fuller transparency and account of
be derived when loans and grants are used together. is a broader policy issue for the department to consider, rather than a specific lesson for the Indonesia program. Lesson / Disagree Applicability of lesson to current or future investments in Indonesia Cost benefit analysis is an inadequate for project selection- The use of cost benefit analysis to guide the selection of infrastructure projects is necessary but not sufficient to ensure appropriate projects are supported. As outlined in chapter 6, development benefits do vary from project to project and a selection process which is able to take a fuller account of Partially agree The here appears to be one of transparency rather than limitations of cost benefit analysis. The review acknowledges that the EIRR of 15 percent was not met in all cases, which suggests that other factors influenced the selection of projects – the real question here is whether these factors led to the correct roads being selected? Multi-criteria analysis would have provided greater transparency and
investing-in-roads-einrip-completion-evaluation-report.docx