Uzbekistan - Mining Sector Development Project (EBRD-12011)

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.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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."
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
  • Law and Government
  • Mining
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
Not Disclosed
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.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jul 26, 2024

Disclosed by Bank Aug 25, 2023

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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.

As stated by the EBRD, the mining sector is one of the Uzbekistan's most important and strategic industries. The Government of Uzbekistan wishes to see the sector make a more fulsome contribution to the economy and public finances, and has identified it as a priority area of focus for reform efforts. The Government appreciates that the development of a responsible policy framework, and modernisation of the legislative and regulatory basis for the sector, should significantly reduce investor risk and enhance the investment climate, thereby making viable operations by responsible investors more likely.
To achieve these objectives, the Government has committed to making significant changes to both the structure and governance of both the sector and its main state-owned participants, including preparing a new policy and drafting new laws. To help achieve its objectives, the Government has requested the support of the European Bank for Reconstruction and Development. The EBRD has agreed to provide the support requested, in the form of this technical cooperation project.

This project focuses on supporting the development of the policy, legal, regulatory and institutional basis for modern and responsible mining operations in Uzbekistan. Specifically, the project is designed to help: (i) prepare a new policy for the sector; and, (ii) prepare a new subsoil law.

The project is being implemented together with the Ministry for Mining Industry and Geology - formerly the State Geology Committee (GosComGeology) - and the Agency for State Reforms.

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

Investment information not available at the time of disclosure.


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.

EBRD project enquiries not related to procurement:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Ministry for Mining Industry and Geology:

Address: 11, T.Shevchenko str., Tashkent, 100060, Republic of Uzbekistan
Phone: +99871 256-5290
Fax: +99871 256-2275
Email: info@uzgeolcom.uz
Website: www.uzgeolcom.uz

Agency for State Reforms:

Address: 100084, Tashkent, Amir Temur Avenue, 107B
Phone: +998 71 203-03-08
Email: info@asr.gov.uz / sda.gov@exat.uz
Website: https://asr.gov.uz/en/

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html

How it works

How it works