Eurasian Fund for Stabilization and Development – Bishkek-Osh Road Rehabilitation, Phase IV

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Project Status: Active
Project at-a-glance
Project Name Bishkek-Osh Road Rehabilitation, Phase IV
Sector/Subsector Transportation/Road
Country Kyrgyz Republic
Project Opening Date 2014
Project Closing Date 2022
Responsible Institution
Responsible International Financial Institution Eurasian Fund for Stabilization and Development
Responsible Executive Agencies

Ministry of Transport and Communications of the Kyrgyz Republic

Objectives
Strategic Agenda

Road Sector Development

Description

The Project involves allocation of resources of the EurAsEC Anti-Crisis Fund (ACF) jointly with the Asian Development Bank (hereinafter referred to as the ADB) to the Ministry of Finance of the Kyrgyz Republic in the form of an investment loan to be transferred then to the Project Company. The borrowed funds are planned to be spent on upgrading the following sections of Bishkek-Osh international automobile road: Bishkek to Kara-Balty (60 km) and Madaniyat to Jalal-Abad (70 km). Bishkek-Osh international automobile road is the only road connecting northern and southern regions of the Kyrgyz Republic. The road surface of these sections is badly worn down and needs upgrading. In the view of the significant increase of the traffic rate, the road’s capacity is declining and the accident risk is increasing.

Source of Funding
  1. EurAsEC Anti-Crisis Fund
  2. Asian Development Bank
  3. Government of the Kyrgyz Republic
Amount of Funding

US$ 120 million

Project Outcome

Improved capacity and safety level; • Creating conditions for unimpeded flow of cargo and passenger transport; • Strengthened ties between northern and southern regions of the Kyrgyz Republic; • Improved access to markets, reduced logistics costs; • Strengthened system of road management; • Ensuring a favorable environment for residents of the settlements located close to the road.

Contact Information of International Financial Institution
Organization/Department Anti-Crisis Fund of the Eurasian Economic Community – Eurasian Development Bank Republic of Kazakhstan
Address 220 Dostyk ave., 050051 Almaty
Postal Code 050051
Country Kazakhstan
Phone +7 (727) 244 4044
E-mail

info@eabr.org

Website

efsd.eabr.org/

Contact Information of Project Implementer
Organization/Department Ministry of Transport and Communications of the Kyrgyz Republic, Investment Projects Implementation Group (IPIG)
Name Kubanychbek Mamaev
Address 42 Isanov Street, Room 602, 6/F, MOTC Bishkek
Postal Code 720017
Country Kyrgyz Republic
Phone +996 (312) 900 970
E-mail

bishkekoshroad@infotel.kg

Website

piumotc.kg/ru/tenders/