KR Water Framework:Jalal-Abad Water II Sub-Project (EBRD-47896)

Countries
  • Kyrgyzstan
Where the impacts of the investment may be experienced.
Specific Location
City of Jalal-Abad
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Feb 12, 2019
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
Kyrgyz Republic
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Water and Sanitation
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)
$ 4.53 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 4
Converted using 2019-02-12 exchange rate.
Loan Amount (USD)
$ 4.53 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)
$ 9.21 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 8.13
Converted using 2019-02-12 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jul 5, 2019

Disclosed by Bank Apr 8, 2019


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Project Description

According to EBRD website, the proceeds of the sovereign loan will be on-lent to the City of Jalal-Abad for the benefit of the municipal water and wastewater company Vodokanal and be used to finance further critical water and wastewater investments in the City including the rehabilitation of water and wastewater networks, metering, the construction of a new waste water treatment plat (WWTP) and the procurement of laboratory equipment. Further, it aims to:

1. Rehabilitate the water supply and wastewater infrastructure in the city and;

2. Improve the company's financial and operational management

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

Mr. Sadyr Toroevich Aitpaev
Email Address: aitbaev_61@mail.ru
+996 770 077 742
+996 372 253 011
Strelkovaya 1A, Djalal-Abad, Kyrgyz Republic, 711063

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.