PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

605934

Primary Business Area

Infrastructure

Disclosure Date

May 23, 2022

Country

Uzbekistan

Region

Central Asia and Turkiye

IFC Approval Date

Feb 12, 2021

Status

Completed

Estimated Total Budget

$260,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Aug 24, 2023

Project Estimated Start Date

Feb 15, 2021

Project Estimated End Date

Jun 30, 2022

Project Description

The Government of Uzbekistan (GoU) has a strong ambition to implement market-oriented reforms and to increase commercial, private investments in key infrastructure areas, in order to address the Central Asian country’s infrastructure gap. While this offers major opportunities for private investment, it requires a careful combination of regulatory reforms, privatizations, framed by capacity building and tailored advice. This project will provide a structured approach: by engaging directly with GoU, IFC aims to identify specific priority areas and concrete, achievable infrastructure projects, while ensuring sustainability (including understanding ex ante potential deal breakers from an environmental, social and governance perspective) and strong development impacts.

Development Results

E&S Risks / Impacts and Mitigation