Dushanbe-Uzbekistan Border Road Improvement Project (EBRD-42232)

Countries
  • Tajikistan
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
Active
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.
Voting Date
Jul 24, 2012
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Republic of Tajikistan
The holder of the loan, grant, or other investment.
Sectors
  • 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)
$ 62.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ EBRD website

Updated in EWS Feb 26, 2018

Disclosed by Bank Apr 24, 2012


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Project Description

The Project finances the rehabilitation and upgrade of the 62 kilometre road linking the city of Dushanbe to the Uzbek border and connecting Tajikistan to the Russian Federation to the north (via Uzbekistan) with onward links to Turkey and Western Europe (e.g., via Caspian Sea routes). The road is a part of the CAREC corridor Programme which seeks to expand trade and improve competitiveness through focused action by all multilateral partners (i.e. ADB, EBRD, IMF, IDF, WB and UN) in transport initiatives, trade facilitation, energy, trade policy, and economic corridor development.

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Contact Information

*No project contacts available at the time of disclosure*

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, 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.