KR Water Framework - Nookat Water sub-project (EBRD-49420)

Countries
  • Kyrgyzstan
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
Proposed
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
Oct 6, 2020
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
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
  • 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)
$ 2.59 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 2.2
Converted using 2020-10-08 exchange rate.
Project Cost (USD)
$ 4.94 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 4.2
Converted using 2020-10-08 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS May 7, 2021

Disclosed by Bank Sep 24, 2020


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to EBRD site information, this investment  would be provided to the Kyrgyz Republic, Nookat Water Company with the purpose of  providing water services in the City of Nookat and neighbouring villages of Frunze, Chapaev and Noigut. 

PROJECT OBJECTIVES

The main idea of the Project is improving of water system in the City of Nookat and neighboring villages of Frunze, Chapaev, Noigut and Aral, including the rehabilitation of the water supply system, introducing household metering and modernising operational and maintenance equipment. Also, the investments are expected to significantly improve access to clean water, reduce water losses, improve resilience to climate change and optimise operating costs for the company.

Investment Description

Contact Information

COMPANY CONTACT INFORMATION

Mr. Zamirbek Esenbaevich Kamalovvodokanalnookat@mail.ru+996 555 989 421

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

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 at: 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