Central Asia Regional Economic Cooperation Corridors 1 and 3 Connector Road Project (ADB-48401-001)

Countries
  • Kyrgyzstan
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Closed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Apr 22, 2015
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Kyrgyz Republic, Ministry of Transport and Roads
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 3, 2020

Disclosed by Bank Sep 27, 2016

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to ADB website, the PPTA will identify, formulate, and prepare an ensuing loan and/or grant for the CAREC Corridors 1 and 3 Connector Road. The main outcome of the PPTA is to prepare a feasibility study suitable for ADB financing. The PPTA will prepare a feasibility to cover three sections (i) Balykchy village to kilometer (km) marker 43, approximately 43 km, (ii) Kochkor village to Jyldyz village, approximately 119 km, and (iii) Aral to CAREC 3 road corridor (via Suusamyr valley), approximately 91 km.

The PPTA is a preparation for the proposed Central Asia Regional Economic Cooperation Corridors 1 and 3 Connector Road (the project). The project will improve regional and national connectivity by rehabilitating an estimated 253 kilometers (km) of road sections connecting the CAREC Corridors 1 and 3 in the center of the Kyrgyz Republic. The proposed project is consistent with the government's priority of providing alternate access in regional and national connectivity, and align with the Asian Development Bank (ADB) Country Partnership Strategy (2013 -2017), Midterm Review of Strategy 2020 and Country Operations Business Plan (2015 -2017).

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Project Officer: Lim, Susan
Central and West Asia Department
No contact information provided at the time of disclosure.

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main

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