PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599627

Primary Business Area

Environment, Social and Governance

Disclosure Date

Aug 20, 2013

Country

Tajikistan

Region

Central Asia and Turkiye

IFC Approval Date

Apr 25, 2013

Status

Completed

Estimated Total Budget

$3,025,049.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 23, 2019

Project Estimated End Date

Dec 31, 2017

Project Description

IFC will provide demand-driven corporate governance advisory services based on its established delivery methodology. Specifically, the Project will: 1. Work at the firm level to improve the corporate governance practices of companies in the Republic of Tajikistan and Kyrgyz Republic in order to improve their performance and access to capital through the implementation of corporate governance recommendations. This will be achieved through the delivery of one-to-one consulting work as well as training events and workshops. 2. Build on the capacity of certain partner institutions, in selected countries in the Republic of Tajikistan and Kyrgyz Republic, to deliver corporate governance services in their markets. The Project will provide training/capacity-building to partner institutions, based on IFCs corporate governance methodology, according to their needs and capacity. Such training is expected to include training of trainers and lead to the development of sustainable training institutions. 3. Support, on a more limited basis, the development of the corporate governance enabling/regulatory environment. The Project will aim to introduce corporate governance component into legislation or regulation as well as to develop, update, and/or improve corporate governance code and scorecards. 4. Increase public awareness of CG issues for SME/Family Owned Companies in the Republic of Tajikistan and Kyrgyz Republic through a public awareness campaign and CG related publications.

Development Results

E&S Risks / Impacts and Mitigation