Housing for Integrated Rural Development Improvement Program - Tranche 2 (ADB-44318-025)

Countries
  • Uzbekistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
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
FI
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
Oct 1, 2013
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 Uzbekistan, Ministry of Economy
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Finance
  • Infrastructure
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)
$ 200.00 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)
$ 1,764.65 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 @ ADB website

Updated in EWS Apr 5, 2018


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Project Description

This project funds the provision of subloans to support the construction of new modern houses built in planned rural community sites, with serviced land plots with electricity gas, water supply and sanitation, and roads provided by local governments. There is also a capacity building and training component to this tranche.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Ministry of Economy
ROULAMOV@MINECONOMY.UZ
Uzbekistan Avenue, 45A Tashkent, 100060, Republic of Uzbekistan

ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at:
http://www.adb.org/site/accountability-mechanism/main