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As stated by the EBRD, the provision of a loan of up to US$ 17.5 million to JV Techno Cable Group LLC, a producer of copper and aluminium electric cables based in Uzbekistan. The proceeds will finance the purchase of new cable and other cable products manufacturing equipment as well as working capital to purchase raw materials for cable production.
The project aims to boost competitiveness and promote human capital development. It will allow expanding cable and wire production to meet growing local demand. In parallel, the company will partner with a local university to delivery new trainings programmes tailored to the company's needs targeting roles that are in short supply in the local labour market.
As stated by the EBRD, JV Techno Cable Group LLC specialises in the production copper and aluminium electric cables in Uzbekistan, since 2013. It is owned and managed by Uzbek nationals.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | JV Techno Cable Group LLC | Client | Industry and Trade |
Client - JV Techno Cable Group LLC:
Adkham Tadjikhodjaev
Email: info@tcg.uz
Phone: +998 71 209 8000
Website: https://tcg.uz
Address: 24, 3rd Yangi Jamiyat Passage, Zangiata District, Tashkent region, Uzbekistan
ACCESS TO INFORMATION
You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request
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 at: 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