Central Asia Regional Economic Cooperation Corridors 1 and 3 Connector Road Project (ADB-48401-001)

Countries
  • Kyrgyzstan
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
Closed
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
Apr 22, 2015
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, Ministry of Transport and Roads
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)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.00 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 2, 2018

Disclosed by Bank Sep 27, 2016


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Project Description

According to ADB website, the PPTA will identify, formulate, and prepare an ensuing loan and/or grant for the CAREC Corridors 1 and 3 Connector Road. The main outcome of the PPTA is to prepare a feasibility study suitable for ADB financing. The PPTA will prepare a feasibility to cover three sections (i) Balykchy village to kilometer (km) marker 43, approximately 43 km, (ii) Kochkor village to Jyldyz village, approximately 119 km, and (iii) Aral to CAREC 3 road corridor (via Suusamyr valley), approximately 91 km.

The PPTA is a preparation for the proposed Central Asia Regional Economic Cooperation Corridors 1 and 3 Connector Road (the project). The project will improve regional and national connectivity by rehabilitating an estimated 253 kilometers (km) of road sections connecting the CAREC Corridors 1 and 3 in the center of the Kyrgyz Republic. The proposed project is consistent with the government's priority of providing alternate access in regional and national connectivity, and align with the Asian Development Bank (ADB) Country Partnership Strategy (2013 -2017), Midterm Review of Strategy 2020 and Country Operations Business Plan (2015 -2017).

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Project Officer: Lim, Susan
Central and West Asia Department
No contact information provided at the time of disclosure.

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