Investment Climate Reforms (ADB-47099-001)

Countries
  • Tajikistan
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
Approved
Bank Risk Rating
U
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 13, 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
Government of the Republic of Tajikistan, Office of the President
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
  • Law and Government
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, etc.
Investment Amount (USD)
$ 1.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 7, 2018

Disclosed by Bank Sep 29, 2016


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Project Description
According to ADB website, the technical assistance is supporting the government in the design and implementation of a program of economic policy reforms that can improve the investment climate and business environment in Tajikistan. These reforms are expected to (a) mitigate risks that investors and businesses face when operating in Tajikistan, particularly legal and regulatory risks; (b) upgrade productive enterprises; and (c) facilitate and encourage investments. The technical assistance is preparing detailed blueprints for missing institutional mechanisms that can mitigate investors' risks, help productive enterprises expand, and attract investments. Institutional mechanisms being supported include regulatory impact analysis for businesses, investment protection framework including partial credit and investment guarantee schemes, support to international quality certification, support to innovation diffusion, and support to business incubators. For this TA, the TA Category/Bank risk rating is not disclosed.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Mukhopadhyay, Hiranya Central and West Asia Department, ADB No contact information provided at the time of disclosure. Executing Agency: Office of the President Mr. Davlatali Saidov, First Deputy Prime Minister Email Address: my-sarvazir@dip.tj Office Address: 80 Rudaki Avenue Dunshanbe Republic of Tajikistan 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