European Bank for Reconstruction and Development – Kara-Suu Water Sub-Project

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Project Status: Closed
Project at-a-glance
Project Name Kara-Suu Water Sub-Project
Project Number 46345
Sector/Subsector Municipal and environmental infrastructure
Country Kyrgyz Republic
Project Opening Date 28 Jan 2016
Project Closing Date 28 Jan 2018
Responsible Institution
Responsible International Financial Institution European Bank for Reconstruction and Development
Responsible Executive Agencies

Kara-suu City Hall

Objectives
Strategic Agenda

To (a) rehabilitate the water supply and selected wastewater improvements; and (b) improve financial and operational management.

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 Kara-suu 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 Kara-suu City for the benefit of the Kara-suu Water Company for improvement of water supply and selected wastewater services.

The EU Investment Facility for Central Asia (IFCA) will provide a grant in the amount of EUR 3.3 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 6.6 million

Project Outcome

Improved water supply and selected wastewater services.

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
Name Talay Asylbekov
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

AsylbekT@ebrd.com

Website

www.ebrd.com/kyrgyz-republic.html

Contact Information of Project Implementer
Organization/Department Kara-suu City Hall
Name Zarlyk Turgunbaev
Address 318 Lenina Str.,
Province/State Osh
Postal Code 723500
Country Kyrgyz Republic
Phone +996 312 624013, +996 312 666284
E-mail

Merya.karasuu@mail.ru