Rural Economy Development Project (WB-P168326)

Countries
  • Tajikistan
Where the impacts of the investment may be experienced.
Specific Location
Khatlon and Gorno-Badakhshan Autonomous Region (GBAO)
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
A
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
Jun 24, 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
Government of Tajikistan
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
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)
$ 30.00 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)
$ 30.00 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 May 9, 2019

Disclosed by Bank Dec 1, 2018


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Project Description

According to Bank documents, this project provides financing to create opportunities for income generation in the tourism and agribusiness sectors in Khatlon and Gorno-Badakhshan Autonomous Region (GBAO).

Components include increasing processing and storage capacities for agribusiness, and promoting tourism activities including through agriculture-based tourism. This project has been categorized as having substantial risk.

Investment Description
  • World Bank (WB)
Contact Information

Ministry of Finance
Faiziddin Sattor QAHHORZODA, Minister
Email Address: minfin@tojikiston.com 

Implementing Agencies:

Tourism Development Committee
Numon Abdughafforzoda, Chairman
Email Address: tourism.tajikistan@mail.ru 

Ministry of Economic Development and Trade
Iliosiddin Kamoliddinzoda, Deputy Minister
Email Address: info@medt.tj 

Ministry of Agriculture
Izzatullo Sattori, Minister
Email Address: info@moa.tj 

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.