Kyrgyzstan Climate Resilience Water Supply Project (EBRD-49793)

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
A
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
Sep 2, 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
State Water Resources Agency ("SWRA")
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Infrastructure
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Potential Rights Impacts
  • Right to Water
Only for projects receiving a detailed analysis, a broad category of human and environmental rights and frequently at-risk populations.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 56.21 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 50 million Euro
Converted using 2020-06-17 exchange rate.
Project Cost (USD)
$ 78,695.37 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 70,000,000.00
Converted using 2020-06-17 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jun 28, 2020

Disclosed by Bank Jun 17, 2020


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Project Description

PROJECT DESCRIPTION

According to the bank site information, up to EUR 50 million is allocated in favour of the Kyrgyz Republic to rehabilitate the irrigation water conveyance infrastructure in the country. 

The Project will be implemented by the State Water Resources Agency ("SWRA") under the government of the Kyrgyz Republic.

PROJECT OBJECTIVES

The proposed Project will finance the rehabilitation of the irrigation water conveyance infrastructure, including on-farm canals, intake structures and pumping stations in Jalalabad, Naryn and Osh regions of the Kyrgyz Republic. The Project will include the construction and/or rehabilitation of the following infrastructure:

  • water intakes,
  • pumping stations,
  • main canals,
  • distribution network with a view to deliver water from rivers to a farm land.

 As a result of the Project, approximately 8,700 hectares of new irrigated land will be available for farmers creating additional jobs for more than 14,300 rural residents.

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

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.

COMPANY CONTACT INFORMATION

Mrs. Ashimbaeva Jyldyz Kalkanovnatehinvest17@mail.ru+996 772 040 471; +996 312 549 098+996 312 549 094www.water.gov.kgKyrgyz Republic, City of Bishkek, Toktonaliev Street, 4A