Preparing Railway Modernization Projects (ADB-53337-001)

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
Proposed
Bank Risk Rating
U
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
Government of Uzbekistan
The holder of the loan, grant, or other investment.
Sectors
  • Transport
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)
$ 0.60 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 Jan 21, 2020

Disclosed by Bank Aug 28, 2019


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Project Description

According to ADB website, the Government of Uzbekistan and O'zbekiston Temir Yo'llari (UTY) have requested technical assistance from the ADB to prepare two projects to further modernize railways in Uzbekistan, namely (i) Central Asia Regional Economic Cooperation (CAREC) Corridor 2 (Pap Namangan Andijan) Railway Electrification Project-Additional Financing, and (ii) CAREC Corridor 2 (Bukhara Miskin Urgench Khiva) Railway Electrification Project. The preparation of the two projects require a similar set of due diligence, including safeguards, financial management, and economic assessments.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Executing Agency: O'zbekiston Temir Yo'llari
7 Taras Shevochenko St.
Tashkent 70060, 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