Project Case Study
Conducting a performance review of the Mekong Private Sector Development Facility
Reviewing the IFC's Private Sector Development Facility in the Mekong region
In 2013, we were contracted by the World Bank to undertake the End of Facility Review of services delivered by the International Finance Corporation (IFC) through the Mekong Private Sector Development Facility phase 3, in Cambodia, Vietnam and Lao PDR.
This $48 million Facility, financed by seven development agencies, operated between January 2008 and December 2013 and implemented a total of 59 projects focused across the four areas of improving access to finance, investment climate reforms, sustainable business advisory and public-private partnerships, which are considered to be important to harnessing the important role the private sector can play in poverty reduction.
The review evaluated the overall performance of the Facility and individual projects according to the Organisation for Economic Co-operation and Development’s Development Assistance Committee criteria of relevance, efficiency, effectiveness, impact, sustainability and the IFC criterion of additionality.
We deployed a team of six advisers to Vietnam and Lao PDR to undertake the review and impact assessment of four key projects for which we drafted detailed case studies. The projects were assessed against an impact logic framework.
A final report with our analysis and recommendations was presented to IFC Management Staff and a donor forum in Hanoi. The report was praised as being ‘very comprehensive’.
