Afghanistan: Eshteghal Zaiee - Karmondena (EZ-Kar) Project (WB-P166127)

Countries
  • Afghanistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
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
B
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 Afghanistan
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Feb 15, 2019


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Project Description

According to the bank document, the proposed Project Development Objective is to strengthen the enabling environment for economic opportunities in cities where there is a high influx of displaced people. This will be pursued by increasing the returnees' access to civil documents, providing short-term employment opportunities, improving market enabling infrastructure, and supporting investor friendly regulatory reforms.

Investment Description
  • World Bank (WB)

Co-financing:
Afghanistan Reconstruction Trust Fund US$ 50 million

 

Contact Information
World Bank
Naila Ahmed, Senior Social Development Specialist
Kosuke Anan, Senior Social Development Specialist
Suhail Kassim, Senior Private Sector Specialist
 
Borrower/Client/Recipient
Ministry of Finance, Aid Management
Directorate
Salma Alokozai
Director for Coordination of National Priority Programs
salma.alokozai@mof.gov.af

Implementing Agencies
Ministry of Economy
Mustafa Mastoor, Minister
mmmastoor@yahoo.com

Mohammad Ismail Rahimi, Deputy Minister
rahimi.ismail@gmail.com


ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx .