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Internal Bank Performance Factors
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| Evaluation Highlights | - Results measurement, monitoring, and evaluation all need to be improved.
- The transport sector is now handling nearly twice the volume of commitments with fewer staff than it did in fiscal 2000.
- Staff resources need to be redeployed and strengthened.
- There appears to have been a partial avoidance of projects that require longer and more costly preparation.
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Table 7.1: Average Economic Rate of Return of Transport Projects,
Approval Years 1995-2005 | Mode | No. of projects
with ERR estimates
at appraisal | ERR at
appraisal (%) | ERR range
of appraisal | No. of projects
with ERR estimates
at completion | ERR at
completion | ERR range at
completion | Multiple modes | 13 |  36 | (16-91) |  11 |  31 | (14-78) | General transport (urban) |  11 |  26 |  (13-40) |  8 |  30 | (13-60) | Roads and highways |  59 |  29 |  (12-65) |  53 |  29 | (10-79) | Trade facilitation |  1 |  19 |  19 |  1 |  27 | 27 | Railways |  7 |  32 | (15-68) |  5 |  22 | (–14-64) | Ports and waterways |  5 |  26 |  (18-37) |  4 |  16 |  (11-22) | All transport |  96 |  30 |  (12-91) |  82 | 28 | (–14-79) | Source: IEG data.
Note: ERR= economic rate of return |
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