Uzbekistan: Bukhara Road Network Improvement Project Phase 2 (AIIB-000811)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Uzbekistan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Bukhara region
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 1, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Uzbekistan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
  • 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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 168.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ AIIB website

Updated in EWS Jul 31, 2025

Disclosed by Bank Jul 29, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the AIIB, the project development objective is to enhance the efficiency, safety, and climate resilience of the M37 road sections from kilometer 311 to kilometer 365 in the Bukhara Region of Uzbekistan.

The Bukhara Road Network Improvement Project Phase 2 (the Program) aims to reconstruct and upgrade critical sections of the M37 international road corridor, covering approximately 160 kilometers (km) from km 207 to km 365 in the Bukhara Region of Uzbekistan. The M37 corridor is a strategic cross-border route, connecting major urban centers such as Samarkand and Bukhara to the border with Turkmenistan, and, thereby, facilitating enhanced regional trade and connectivity.

The Program will finance the following activities: (i) civil works for the rehabilitation of approximately 160km of M37 road sections with cement concrete pavement; (ii) consultancy services for construction supervision and technical audit; (iii) design, supply, and installation of Intelligent Transport System (ITS) components along the rehabilitated corridor; and (iv) institutional strengthening and capacity building.

Under the proposed MPP framework, the Program will be structured as follows:

Tranche-1 Project (the Project): Reconstruction of road sections from km 311 to km 346 (Lot 4) and from km 346 to km 365 (Lot 5), with a proposed financing amount of approximately USD150 million.

Tranche-2 Project: Reconstruction of the remaining road sections from km 207 to km 311, covering Lots 1, 2, and 3. This sub-project will be prepared and submitted for President approval in a subsequent phase.

The BRNIP Phase 2 builds on BRNIP Phase 1 (P000313), which was approved by AIIB's Board on December 8, 2021, and became effective on May 11, 2022. The objective of Phase 1 is to improve transport connectivity and road safety in the Bukhara Region. The project supports the reconstruction of 78 kilometers of road sections of the A380 international highway. As of May 2025, all three civil works contracts are under implementation, and key safeguards and procurement activities are being carried out in accordance with the agreed implementation plan.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

According to the AIIB, the project cost will be divided as follows:

Tranche-1 Project cost: USD168 million
AIIB Loan: USD150 million (89.3%)
GoU: USD18 million (10.7%)


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

AIIB Team Leader:

Runze Yu - Senior Investment Officer
Email: runze.yu@aiib.org

Borrower - Government of Uzbekistan:

Jamshid Kuchkarov - Minister of Economy and Finance of the Republic of Uzbekistan
Email: info@imv.uz

Implementing Agency - Committee for Roads under the Ministry of Transport of the Republic of Uzbekistan:

Asliddin Isaev - Director of Avtoyulinvest Agency
Email: info@uzavtoyul.uz

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html

ACCOUNTABILITY MECHANISM OF AIIB

The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan 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 AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó 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

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How it works