Provision of a sovereign loan of up to USD 45 million (EUR 40 million) to the Republic of Uzbekistan for the benefit of State Unitary Enterprise Surkhandarya Suvokova (the "Company") to finance the rehabilitation of water infrastructure in Surkhandarya region (the "Project").
The Project is expected to improve water quality and increase the efficiency of water infrastructure.
The Project is expected to contribute to the green quality. The rehabilitation of water infrastructure in Surkhandarya region is expected to reduce water losses, enhance energy efficiency and connect new customers to a safe water supply. Other qualities, namely well-governed and competitive, will be explored during due diligence.
EBRD Finance Summary
Total Project Cost
Environmental and Social Summary
Categorised B (2014 ESP). Rehabilitation of the existing water infrastructure is expected to bring positive effects by reducing sanitary and epidemiological risks and adverse impacts on the environment and on water bodies. Independent Environmental and Social Due Diligence ('ESDD') will assess the Project's compliance with national and EU drinking water quality standards and the project company's ability to properly manage E&S risks during implementation and operation of the projects, with particular focus on water resource sustainability, contractor management, health and safety, temporary restrictions of access during construction, and affordability. Any identified gaps will be addressed by the ESAP. The PSD will be updated once ESDD is completed.
TC 1: Technical, financial, environmental and social due diligence. The assignment costs €200,000, and was funded by the Infrastructure Project Preparation Facility (IPPF).
TC 2: Interim Procurement Support. The assignment's cost is up to €20,000, proposed to be financed by the EBRD Shareholder Special Fund (SSF).
TC 3: Corporate Development Support to the Company to enhance its institutional, operational and financial capacity. The assignment's cost is estimated at €200,000, to be financed by an international donor or the SSF.
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