Second Issyk-kul Sustainable Development Project (ADB-50176-001)

Countries
  • Kyrgyzstan
Where the impacts of the investment may be experienced.
Specific Location
Ysyk-Kol
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Active
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
Sep 14, 2016
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
Republic of Kyrgzstan, Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Water and Sanitation
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)
$ 0.80 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 Nov 27, 2018

Disclosed by Bank Sep 23, 2016


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Project Description

According to ADB documents, the project preparatory technical assistance (PPTA) will assist the government to conduct feasibility study, due diligence, and safeguard assessment for the proposed ISDP II project, particularly to ensure that the bank's safeguard standard should be strictly implemented in the Issyk-Kul area. Moreover, to ensure long term financial and environmental sustainability, initial cost recovery actions and tourism development activities must be identified.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Project Officer: Shen, Lu
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