Early Warning System

Regions

Europe and Central Asia

Geographic location where the impacts of the investment may be experienced.

Countries

Kazakhstan

Geographic location where the impacts of the investment may be experienced.

Specific Location

Taraz

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

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Dec 11, 2024

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

SCE Zhambyl Su (Water and Sewage Company of the City of Taraz)

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Agriculture and Forestry
Infrastructure
Water and Sanitation

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 79.11 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported KZT 38,362,000,000.00
Converted using 2024-10-04 exchange rate.

Loan Amount (USD)

$ 79.11 million

Project Cost (USD)

$ 96.69 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported KZT 46,887,000,000.00
Converted using 2024-10-04 exchange rate.

Primary Source

Original disclosure @ EBRD website

Updated in EWS Oct 8, 2024

Disclosed by Bank Oct 4, 2024

Contribute Information
Can you contribute information about this project?
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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the EBRD, the project consists of the provision of a sovereign-guaranteed loan of up to KZT 38.4 billion (EUR 72.4 million equivalent) in favour of Zhambyl Su (the "Company"), a municipal water supply and wastewater company in the city of Taraz, Kazakhstan, to design and construct a modern wastewater treatment plant (WWTP) with the treatment capacity of 80,000 m3 per day.

Wastewater treatment in Taraz is currently limited to the use of filtration lagoons. Such treatment technology results in the contamination of groundwater and poses significant environmental and public health risks. The Project's primary objective is to improve the wastewater treatment and sludge management in line with the national and EU standards.

The expected transition impact of the Project stems from its environmental benefits. Green TI will be promoted through: (i) reduction of greenhouse gases (GHG) and odour, (ii) compliance of treated wastewater with local and EU standards, and (iii) reuse of treated wastewater for irrigation.

The associated facilities of the Project also include the reconstruction of a wastewater pumping station, and an external 35 kV power line for electricity supply to the WWTP that will be financed from the local budget through government funding.
The WWTP construction will use a 42.6 ha state-owned land plot allocated by the Oblast.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

According to the EBRD, the Loan will be co-financed by KZT 8.5 billion (EUR 16.0 million equivalent) contribution from the Zhambyl region (the "Oblast"). The Oblast will finance (i) recultivation of the wastewater lagoons, (ii) reconstruction of the wastewater pumping station, (iii) construction of an external power supply network to the WWTP, and (iv) accrued value added tax.

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by the EBRD, SCE Zhambyl Su, a company fully owned by the municipality of Taraz. It is the sole provider of water supply and wastewater management services in Taraz.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
-	-	-	-	SCE Zhambyl Su (Water and Sewage Company of the City of Taraz)	Client	Water and Sanitation

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Client - SCE Zhambyl Su (Water and Sewage Company of the City of Taraz):

Anar Moldakulova
Email: taraz-su@mail.ru
Phone: +7 (7262) 45-35-37
Website: https://tarazsu.kz/
Address: Kazybek Bi street 136, Taraz, Kazakhstan 080000

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