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Telecommunications Project (Loan 1300-MON[SF])

Telecommunications Project (Loan 1300-MON[SF])

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01/21/2014

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ASIAN DEVELOPMENT BANK
PPA: MON 26069
 PROJECT PERFORMANCE AUDIT REPORTON THETELECOMMUNICATIONS PROJECT(Loan 1300-MON[SF])INMONGOLIA
December 2003
 
 
CURRENCY EQUIVALENTS
Currency Unit togrog (MNT)
At Appraisal At Completion At Operations Evaluation
(February 1994) (April 2001) (August 2003)MNT1.00 = $0.0024 $0.0009 $0.0009$1.00 = MNT409 MNT1,093 MNT1,150SDR1.00 = $1.4068 $1.3845 $1.3813
ABBREVIATIONS
ADB Asian Development BankCRC Communications Regulatory CommitteeEIRR economic internal rate of returnFIRR financial internal rate of returnKfW Kreditanstalt für WiederaufbauMT Mongolian TelecomMTC Mongolian Telecommunications CompanyOEM Operations Evaluation MissionPCR project completion reportPPAR project performance audit reportPTA Post and Telecommunications AuthoritySDR special drawing rightsTA technical assistanceUSOF universal service obligation fund
NOTES
(i) The fiscal year (FY) of the Government ends on 31 December.(ii) In this report, “$” refers to US dollars.
Operations Evaluation Department, PE-633
 
CONTENTSPage
BASIC DATAEXECUTIVE SUMMARYiiiivMAP ixI. BACKGROUND 1 A. Rationale 1B. Formulation 1C. Purpose and Outputs 2D. Cost, Financing, and Executing Arrangements 2E. Completion and Self-Evaluation 3F. Operations Evaluation 3 II. PLANNING AND IMPLEMENTATION PERFORMANCE 4 A. Formulation and Design 4B. Achievement of Outputs 4C. Cost and Scheduling 6D. Procurement and Construction 7E. Organization and Management 7 III. ACHIEVEMENT OF PROJECT PURPOSE 8 A. Operational Performance 8B. Performance of the Operating Entity
 
12C. Economic and Financial Reevaluation
 
13D. Sustainability 14 IV. ACHIEVEMENT OF OTHER DEVELOPMENT IMPACTS 14 A. Socioeconomic Impact 14B. Environmental Impact 15C. Impact on Institutions and Policy 15 V. OVERALL ASSESSMENT 15 A. Relevance 15B. Efficacy 16C. Efficiency 16D. Sustainability 16E. Institutional Development and Other Impacts 16F. Overall Project Rating 17G. Assessment of ADB and Borrower Performance 17

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