Uzbekistan: Railway Electrification Project (Bukhara-Urgench-Khiva) (AIIB-00000071)

Countries
  • Uzbekistan
Where the impacts of the investment may be experienced.
Specific Location
Bukhara, Urgench, Khiva, Misken
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Republic of Uzbekistan
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 168.20 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 339.10 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Jun 29, 2020

Disclosed by Bank Mar 1, 2019


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

This project finances the electrification of the Bukhara-Urgench-Khiva railway section. This includes the electrification of three railway segments and the construction of associated auxiliary facilities in western Uzbekistan. The three railway segments are:

  1. 357km line between the cities of Bukhara and Misken
  2. 77km line between the cities of Misken and Urgench
  3. 33km line between the cities of Urgench and Khiva
Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
Private Actors
Contact Information

Asian Infrastructure Investment Bank (AIIB)
Ms. Jasmine Ho
Project Team Leader / Senior Private Sector Investment Operations Specialist
e-mail: jasmine.ho@aiib.org

Borrower
Ministry of Finance, Republic of Uzbekistan
Mustakillik 5, Tashkent, 100008, Republic of Uzbekistan
e-mail: info@mf.uz
Website: https://www.mf.uz

Implementing Agency
Uzbekiston Temir Yollari
Mr. Ramatov Achilbay Zhumaniyazovich, Chairman of the Board
6, Istiklol str. Tashkent city, 100000, Republic of Uzbekistan
Phone: +998 (71) 238-80-28
e-mail: info@uzrailway.uz
Website: www.uzbekenergo.uz 

ACCOUNTABILITY MECHANISM OF AIIB

The AIIB has established the Accountability Mechanism for Project-Affected People (PPM).  The PPM provides “an opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIB’s failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.” Two or more project-affected people can file a complaint.  Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply.  You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html.

The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html.