Horticulture Value Chain Infrastructure Project (ADB-51041-001)

Countries
  • Uzbekistan
Where the impacts of the investment may be experienced.
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
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
May 19, 2017
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 Uzbekistan, Rural Restructuring Agency
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
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)
$ 1.00 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 Jul 7, 2020

Disclosed by Bank May 24, 2017


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Project Description

According to ADB documents, the project will finance the establishment of holistic wholesale markets for horticulture to help increase the volume of high quality horticulture products to be marketed, particularly during the off-season period. It supports the government’s strategy by improving and modernizing value chain infrastructures, which will in turn increase productivity, improve processing and storage capacity, and reduce post-harvest losses. It will promote long-term economic growth and enhance profitability for farmers and agribusiness enterprises.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Project Officer: Bui, Giap Minh
Central and West Asia Department, ADB
No contact information provided at the time of disclosure.

Executing Agency: Rural Restructuring Agency
Mr. N Najimov, Director General
Email Address: hvp@rra.uz
39B, Kary Niyaziy Street Tashkent, 100000 Uzbekistan

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