GrCF2 W2 - Semey Solid Waste Management (EBRD-50142)

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
Dec 22, 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
  • Infrastructure
  • 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)
$ 11.39 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 KZT 4,790,000,128.00
Converted using 2020-12-22 exchange rate.
Project Cost (USD)
$ 16.21 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 6,819,999,744.00
Converted using 2020-12-22 exchange rate.
Bank Documents
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jan 23, 2021

Disclosed by Bank Dec 28, 2020


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Project Description

Under this project EBRD provides loan to government of Kazakhstan for the modernisation of the solid waste management (SWM) system in the city of Semey.  

It will include:

(i) the construction of an EU standards compliant sanitary landfill

(ii) the construction of a modern integrated mechanical and biological solid waste treatment facility (MBT) at the new sanitary landfill site;

(iii) the rehabilitation of the waste collection points in Semey and (iv) the closure and remediation of the existing landfill.

PROJECT OBJECTIVES

The project will reduce Green House Gas emissions, increase waste recycling and recovery rates and improve environmental, health and safety standards. It will support the commercialisation, sustainability and better quality of SWM services. 

 

 

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Private Actors
Private Actors Description

CLIENT INFORMATION

SCE KELESHEK

SCE Keleshek, a municipal company 100 per cent owned by the City Akimat.

 

Contact Information

COMPANY CONTACT INFORMATION

Mr. Maksut Nigmetov, Acting Director, SCE Keleshekalibek.shakenov@mail.ru+7 701 059 0193110 Dostoevsky street, Semey, 071400, Republic of Kazakhstan

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