The Government of Uzbekistan requested for a technical assistance (TA) to carry out due diligence and prepare a comprehensive design of the multitranche financing facility (MFF) - the Third CAREC Corridor Road Investment Program.
The proposed Third CAREC Corridor Road Investment Program aims to complement the ongoing efforts to improve the CAREC Corridors by providing the last missing link to the international border with Kazakhstan, rehabilitate roads in Khorezm and Kashkadarya, and develop of road side infrastructure.
The TA will (i) develop an investment project bankable by ADB loan; (ii) conduct due diligence for technical, economic, financial, social, and environmental viability of the project; (iii) assist the executing agency (EA) in developing required documentation for country resource allocation; and (iv) assist the EA in procuring contracts and managing safeguards issues for the first tranche of the MFF.
|Funding Agency||Amount (USD millions)||Notes|
|Asian Development Bank||1.5|
|Government of Uzbekistan||0.1|
|Asian Development Bank||0.75||Supplementary funding, approved 2018|