Ferghana Valley Enterprise Development Project (WB-P166305)

Countries
  • Uzbekistan
Where the impacts of the investment may be experienced.
Specific Location
Ferghana Valley
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
  • 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.
Voting Date
Jan 3, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Construction
  • Finance
  • Industry and Trade
  • Transport
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, etc.
Investment Amount (USD)
$ 200.00 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

Disclosed by Bank Oct 3, 2018


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Project Description

This project provides financing to develop an enabling environment for private sector-led economic growth in the Ferghana Valley. This includes financing rural entrepreneurship with a focus on micro and small enterprises in agri-food, tourism, textiles, apparel, and light manufacturing sectors. 

According to Bank documents, components include growing micro and small enterprises through technical support, increasing the capacity of the financial sector to support these businesses, and supporting infrastructure (such as internet and transport connectivity) to facilitate private sector growth.

Investment Description
  • World Bank (WB)
Contact Information

World Bank
Melissa Brown, Dilshod Khidirov, Robert Wrobel
Senior Agriculture Economist

State Investment Committee
Shukhrat Vafaev
Deputy Chairman
s.vafaev@invest.gov.uz

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.