| Project Detail |
The transaction entails the provision of a sovereign loan to the Republic of Tajikistan of up to €2.4 million (the Loan) that will be co-financed by an investment grant of up to €2.4 million (the Grant) from the EBRD Shareholder Special Fund (SSF). The Loan and Grant proceeds will be used to finance priority investment programme (PIP) components to upgrade city of Yavans (the City) water supply infrastructure (the Project). The water supply and wastewater services in the City are provided by Yavan Water Company (the Company), fully owned by the state unitary enterprise Khojagii Manziliyu Kommunali (KMK), a national level utility services operator. The Project is submitted as a sub-project under the Integrated Water Resources Management Framework (the Framework). Project Objectives This Project builds up on the success of EBRDs previous projects in the water sector of Tajikistan and aims to (i) address the critical water infrastructure rehabilitation needs, (ii) contribute towards improving the quality and reliability of potable water supply and treatment services, and (iii) improve financial and operational standing of the Company achieved through a general reform programme to support cashless payments. |
