The project is an investment fund managed by American International Group Inc. The project will provide equity finance to small and medium-sized private sector enterprises and joint ventures operating in the countries of Central Asia.
The project will contribute to the development of the private sector and economic growth of Central Asian countries by mobilising private sector funds and encouraging Western strategic investors to invest in viable projects and bring technical expertise to the region.
AIG Silk Road Fund, a private equity investment fund targeting Kazakstan, Uzbekistan, Azerbaijan, Kyrgyzstan, Tajikistan and Turkmenistan ("Central Asia").
Investment in shares of the fund up to US$ 15 million (ECU 12 million).
The fund target size is US$ 100 million (ECU 80 million).
The operation has been classified as C/0 (the project does not require an environmental analysis or an environmental audit). The fund will follow the ERBD's "Environmental Procedures for Investment Funds". In implementing these procedures, the fund will assess potential environmental issues associated with its investments. These must comply with local/national health, safety, environmental and public consultation requirements. The fund will submit annual environmental reports to the EBRD.
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Public Information Policy (PIP)
The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP
Project Complaint Mechanism (PCM)
The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.
Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (firstname.lastname@example.org) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.