European Bank for Reconstruction and Development – Cholpon-Ata Water sub-project

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Project Status: Closed
Project at-a-glance
Project Name Cholpon-Ata Water sub-project
Project Number 45756
Sector/Subsector Municipal and environmental infrastructure
Country Kyrgyz Republic
Project Opening Date 15 Feb 2016
Project Closing Date 15 Feb 2019
Responsible Institution
Responsible International Financial Institution European Bank for Reconstruction and Development
Responsible Executive Agencies

Cholpon-Ata Water Company

Objectives
Strategic Agenda

Rehabilitation of Cholpon-Ata Water system.

Description

In 2011 the EBRD established a sovereign framework of up to EUR 20 million to co-finance with international donors priority water and wastewater rehabilitation projects across the Kyrgyz Republic.

Under the framework the Bank provides sovereign loans, on-lent or on-granted to participating water companies. The sub-projects address urgently needed water and wastewater infrastructure rehabilitation needs. The original framework is now fully subscribed and the Bank has approved an extension of the facility of EUR 20 million.

Under the extended framework the EBRD is considering supporting the Cholpon-Ata Water Sub-Project.

The EBRD would extend a sovereign loan of up to EUR 1.0 million to the Kyrgyz Republic, to be transferred to Cholpon-Ata City for the benefit of the Cholpon-Ata Water Company for water system
rehabilitation.

The EU Investment Facility for Central Asia (IFCA) will provide a grant in the amount of EUR 3.1 million to co-finance implementation of the sub-project. Additional co-financing in the amount of EUR 1.0 million is expected from an IFI.

Source of Funding

European Bank for Reconstruction and Development

Amount of Funding

EUR 6.5 million

Project Outcome

Rehabilitation of Cholpon-Ata Water system.

Business Opportunities
Consulting Services

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Procurement

N/A
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Contact Information of International Financial Institution
Organization/Department Bishkek Resident Office, European Bank for Reconstruction and Dvelopment
Name Nurlan Jumaliev
Address Business Centre Orion, 21 Erkindik Boulevard, 4th Floor
Province/State Bishkek
Postal Code 720040
Country Kyrgyz Republic
Phone +996 (312) 624 016, 624 017
E-mail

jumalien@ebrd.com

Website

http://www.ebrd.com/kyrgyz-republic.html

Contact Information of Project Implementer
Organization/Department Cholpon-Ata Water Company
Name Makhmud Turdakunov
Address Sovetskaya str.,
Province/State Issyk-Kul, Cholpon-Ata
Postal Code 722100
Country Kyrgyz Republic
Phone +996 (3943) 42479; +996 (3943) 42677
E-mail

m.turdakunov@mail.ru