Central Asia Regional Economic Cooperation Corridors 1 and 3 Bishkek Northern Bypass Road Project (ADB-52043-001)

Countries
  • Kyrgyzstan
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
Proposed
Bank Risk Rating
A
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.
Borrower
Ministry of Transport and Roads
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 72.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 60.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 12.00 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

Disclosed by Bank Oct 23, 2018


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Project Description

This project provides financing to rehabilitate 34 kilometers of the Bishkeky bypass road, linking the Central Asia Regional Economic Cooperation (CAREC) Corridor 1 (Bishkek-Torugart Road) with CAREC Corridor 3 (Bishkek-Osh) Road. Components will include rehabilitating the road, developing an environmental buffer zone, implementing road safety institutional reforms, and improving local residents' car repair skills.

This project involves involuntary resettlement and will involve major land acquisition, causing physical and economic displacement of people, and affecting more than 50 privately owned structures and agricultural land plots. 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Ministry of Transport and Roads
42, N. Isanov St.
Bishkek City 720017
Kyrgyz Republic

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