Isfara Solid Waste Sub-project (EBRD-46796)

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
Approved
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
Dec 19, 2017
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
BOGHI ISMOILI SOMONI
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Technical Cooperation
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)
$ 2.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 2.00 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)
$ 4.00 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 @ EBRD website

Updated in EWS Feb 24, 2018

Disclosed by Bank Jul 17, 2017


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Project Description

According to EBRD website, this project is a sixth sub-project under the Tajikistan Solid Waste Framework approved in December 2014. The EBRD would provide a loan of up to USD 2 million to BOGHI ISMOILI SOMONI, a municipal Solid Waste utility operating in the City of Isfara. The Republic of Tajikistan would provide a sovereign guarantee. It will be channelled to finance construction of a new sanitary landfill as well as upgrade of solid waste collection and transportation systems. The project will result in an improved level of solid waste services and environmental standards in the city of Isfara. The overall objectives of this sub-project are to: (a) rehabilitate the solid waste infrastructure in the city of Isfara; and (b) improve financial and operational management of the client. 

For the technical cooperation, the assignments will be feasibility study, project implementation support and corporate development and stakeholder participation program. 

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

Project Contact: Maruf Buzurukkhujaev
Email Address: mbbm78@mail.ru
Telephone No.: +992 918 79 35 66, +992 928 79 35 66
Office Address: Street 20 Markazi, City of Isfara, Tajikistan

General enquiries to EBRD: 
Telephone No.: +44 20 7338 7168
Email Address: projectenquiries@ebrd.com

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.