Shymkent Water II (EBRD-49938)

Countries
  • Kazakhstan
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
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
Aug 4, 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)
$ 16.20 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 13,8
Converted using 2020-10-08 exchange rate.
Project Cost (USD)
$ 27.50 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 23,4
Converted using 2020-10-08 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jan 23, 2021

Disclosed by Bank Oct 1, 2020


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Project Description

 

Under this project EBRD is going to provide a loan to Vodnye Resoursy Marketing of Kazakhstan to  for the rehabilitation of water/water utilities in the city of Shymkent. 

PROJECT OBJECTIVES

The Project aims to improve water and wastewater system in Shymkent through the implementation of the Priority Investment Programme (the PIP). The PIP includes construction of a new water intake facility and water and wastewater networks rehabilitation.

 

 

 

Investment Description
Private Actors Description

CLIENT INFORMATION

VODNYE RESURSY-MARKETING TOO

"Vodnye Resoursy Marketing" LLP, a private water utility, incorporated in the Republic of Kazakhstan.

 

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Vodnye Resoursy Marketing LLP Client Water and Sanitation

Contact Information

Company Contact Information

Mr Zhanatbek Turdaliev
tju63@mail.ru
+7 7252 321 195
www.wrm.kz
Republic of Kazakhstan, 160013, Shymkent city, 17, Ormanov street.

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