Improving Transport Project Appraisals
In the Islamic Countries
101
The use of CBA should be expanded beyond the focus on financial aspects. The project's
acceptability in terms of economic efficiency and social merit (based on the calculation of
performance indicators like the economic net present value) should become standard practice
as well. To this end, the development of CBA guidelines for transport infrastructural projects
would be recommended.
Stakeholder consultation practices should be enhanced. An independent Bureau, established in
partnership with Iranian and foreign universities, and composed of experts in community
engagement, could take the role of supporting MRUD organisations in their outreach towards
different types of stakeholders.
The role of ex-post evaluation should be increased by introducing obligations for MRUD-
affiliated organisations to carry out such in-depth studies on a sample of investments after 5
or/and 10 years since their entry into operation, with the goal of detecting deviations from the
initial projects and learn from experience.