Early Warning System

Regions

Europe and Central Asia

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

Countries

Uzbekistan

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

Specific Location

Tashkent

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

Jun 17, 2026

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

DataVolt IT Park Data Center JV LLC (DataVolt)

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

Sectors

Communications
Infrastructure

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)

$ 78.00 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.

Loan Amount (USD)

$ 78.00 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.

Project Cost (USD)

$ 250.00 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.

Bank Documents

Primary Source

Original disclosure @ EBRD website

Updated in EWS May 27, 2026

Disclosed by Bank Apr 24, 2026

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

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 a senior loan of up to USD 78 million in favour of DataVolt IT Park Data Center JV LLC to finance the Project, which encompasses the full lifecycle of the facility from design and construction through to commissioning and long-term operation.

The Project aims to strengthen data centre capacity and promote digitalisation efforts in Uzbekistan and the wider region, where such capacity, efforts and associated financing are extremely rare.

The project will improve the capacity and quality of ICT infrastructure in the Uzbekistan beyond the prevalent standards in the country, as currently there is virtually no capacity and existing facilities are predominantly captive data centres. The project would introduce 12 MW Tier III carrier-neutral capacity in the country available for colocation, and would target various groups as its potential clients - namely local enterprises, government institutions, hyperscalers, cloud and content providers.

The facility is designed to achieve LEED Gold certification, reflecting high environmental performance across energy, water, materials, and other environmental standards. In addition, the client has implemented a comprehensive waste and e-waste management policy under its integrated management system.

Investment Description

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

European Bank for Reconstruction and Development (EBRD)

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, DataVolt IT Park Data Center JV LLC is a special purpose vehicle incorporated in Uzbekistan in 2024 for the development, construction, and operation of a 12 MW IT Load Tier III carrier-neutral data centre.

As stated on the company's website, DataVolt is "developing and operating future-ready, innovative, environmentally conscious data centers for a connected world." DataVolt is a wholly owned subsidiary of Vision Invest, a leading Saudi Arabian development and investment holding company.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
Larsen & Toubro Ltd	Contractor	Industry and Trade	contracts with	DataVolt ITC	Client	Communications
Vision Invest Ltd (of Saudi Arabia)	Parent Company	Finance	owns	DataVolt ITC	Client	Communications

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.

Cient - DataVolt IT Park Data Center JV LLC:

Ankit Kumar
Email: a.kumar@data-volt.com
Phone: +998505075785
Website: www.data-volt.com
Address: C-65, 9th floor, Block C, Nest One IFC, 1a Islam Karimov Street, Shaykhantakhur District, Tashkent City, 100164, 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