|Project Name||Kara-Suu Water Sub-Project|
|Sector/Subsector||Municipal and environmental infrastructure|
|Project Opening Date||28 Jan 2016|
|Project Closing Date||28 Jan 2018|
|Responsible International Financial Institution||European Bank for Reconstruction and Development|
|Responsible Executive Agencies||
Kara-suu City Hall
To (a) rehabilitate the water supply and selected wastewater improvements; and (b) improve financial and operational management.
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
Improved water supply and selected wastewater services.
For possible business opportunities, please go to:
|Contact Information of International Financial Institution|
|Organization/Department||Bishkek Resident Office|
|Address||Business Centre Orion, 21 Erkindik Boulevard, 4th Floor|
|Phone||+996 (312) 624 016, 624 017|
|Contact Information of Project Implementer|
|Organization/Department||Kara-suu City Hall|
|Address||318 Lenina Str.,|
|Phone||+996 312 624013, +996 312 666284|