Kulob Water and Wastewater Project (EBRD-51436)

Countries
  • Tajikistan
Where the impacts of the investment may be experienced.
Specific Location
Kulob
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
  • 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
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 12, 2019
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
Tajikistan Sovereign
The holder of the loan, grant, or other investment.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 8.39 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 7.5
Converted using 2019-12-12 exchange rate.
Project Cost (USD)
$ 16.78 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 15
Converted using 2019-12-12 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Feb 18, 2020

Disclosed by Bank Dec 12, 2019


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Project Description

According to the Bank's website, the proceeds of this loan will be on-lent to the state enterprise Kulob Water and Wastewater Services, wholly owned by the state unitary enterprise Khojagii Manziliyu Kommunali. The objective of this project is to improve water supply and wastewater services in the city of Kulob. 

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

The Project is expected to be financed from two sources: (i) EBRD loan of up to EUR 7.5 million and, potentially, (ii) a capital grant of up to EUR 7.5 million from an international donor or the SSF

Contact Information

Fayzulloev Abduqodir
mid_piu@mail.ru
+992372334983
Republic of Tajikistan, Dushanbe, N.Karaboyev street 56

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.