47305-004: Horticulture Value Chain Development Project (Additional Financing) | Asian Development Bank

Uzbekistan: Horticulture Value Chain Development Project (Additional Financing)

Sovereign (Public) Project | 47305-004 Status: Active

The project will provide an ADDITIONAL loan to the Republic of Uzbekistan to channel through qualified participating financial institutions (PFI s) who will on-lend to horticulture-related farmers and businesses for fixed asset investments such as intensive orchards, cold storages, processing and packaging equipment. The project will address the critical constraint lack of long term resources in the Uzbekistan banking system. Since horticulture sector has high value produces, the project will contribute significantly to creating sustainable enterprises, increasing employment, and improving household income.

Project Details

Project Officer
Bui, Giap Minh Central and West Asia Department Request for information
Country
  • Uzbekistan
Sector
  • Finance
 
Project Name Horticulture Value Chain Development Project (Additional Financing)
Project Number 47305-004
Country Uzbekistan
Project Status Active
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 3673-UZB: Horticulture Value Chain Development Project (Additional Financing)
concessional ordinary capital resources lending / Asian Development Fund US$ 198.00 million
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Agriculture, natural resources and rural development / Agricultural policy, institutional and capacity development - Agro-industry, marketing, and trade - Land-based natural resources management

Finance / Small and medium enterprise finance and leasing

Gender Equity and Mainstreaming Effective gender mainstreaming
Description The project will provide an ADDITIONAL loan to the Republic of Uzbekistan to channel through qualified participating financial institutions (PFI s) who will on-lend to horticulture-related farmers and businesses for fixed asset investments such as intensive orchards, cold storages, processing and packaging equipment. The project will address the critical constraint lack of long term resources in the Uzbekistan banking system. Since horticulture sector has high value produces, the project will contribute significantly to creating sustainable enterprises, increasing employment, and improving household income. Key lessons learnt from previous and ongoing projects financed by ADB and development partners are taken into account in the project design: (i) there needs be a dedicated project management office, other than the Ministry of Finance, to monitor the PFIs lending activities and safeguards compliance; and (ii) terms and conditions of PFIs subloans must be business- and demand-based without any government interventions
Project Rationale and Linkage to Country/Regional Strategy The project rationale remains the same as in Project Number 47305-002 (financed by Loan 3471-UZB). The additional financing to Loan 3471-UZB will address continued high demand for horticulture financing.
Impact Contribution of horticulture sector to inclusive economic growth and rural employment improved (Presidential Decree UP-4707)
Project Outcome
Description of Outcome Production and marketing of horticultural products increased
Progress Toward Outcome
Implementation Progress
Description of Project Outputs Finance to the horticulture sector increased
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
Safeguard Categories
Environment FI
Involuntary Resettlement FI-C
Indigenous Peoples FI-C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Bui, Giap Minh
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Environment, Natural Resources & Agriculture Division, CWRD
Executing Agencies
Rural Restructuring Agency
[email protected]
39B, Kary Niyaziy Street
Tashkent, 100000
Uzbekistan
Timetable
Concept Clearance -
Fact Finding 03 Feb 2018 to 13 Feb 2018
MRM 21 Mar 2018
Approval 14 Jun 2018
Last Review Mission -
Last PDS Update 27 Sep 2018

Loan 3673-UZB

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
14 Jun 2018 05 Nov 2018 03 Dec 2018 30 Jun 2022 - -
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 326.00 Cumulative Contract Awards
ADB 198.00 14 Jun 2018 0.00 0.00 0%
Counterpart 128.00 Cumulative Disbursements
Cofinancing 0.00 14 Jun 2018 0.00 0.00 0%

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Title Document Type Document Date
Project Agreement for Loan 3673-UZB (Ipoteka Bank): Horticulture Value Chain Development Project (Additional Financing) Project/Program Agreements Nov 2018
Project Agreement for Loan 3673-UZB (Turon Bank): Horticulture Value Chain Development Project (Additional Financing) Project/Program Agreements Nov 2018
Project Agreement for Loan 3673-UZB (Davr Bank): Horticulture Value Chain Development Project (Additional Financing) Project/Program Agreements Nov 2018
Project Agreement for Loan 3673-UZB (Uzbek Industrial and Construction Bank): Horticulture Value Chain Development Project (Additional Financing) Project/Program Agreements Nov 2018
Project Agreement for Loan 3673-UZB (Ipak Yuli Bank): Horticulture Value Chain Development Project (Additional Financing) Project/Program Agreements Nov 2018
Loan Agreement (Ordinary Operations [Concessional]) for Loan 3673-UZB: Horticulture Value Chain Development Project (Additional Financing) Loan Agreement (Ordinary Resources) Nov 2018
Project Agreement for Loan 3673-UZB (Rural Restructuring Agency): Horticulture Value Chain Development Project (Additional Financing) Project/Program Agreements Nov 2018
Project Agreement for Loan 3673-UZB (National Bank for Foreign Economic Activity of the Republic of Uzbekistan): Horticulture Value Chain Development Project (Additional Financing) Project/Program Agreements Nov 2018
Project Agreement for Loan 3673-UZB (Asaka Bank): Horticulture Value Chain Development Project (Additional Financing) Project/Program Agreements Nov 2018
Horticulture Value Chain Development Project (Additional Financing): Gender Action Plan Gender Action Plans May 2018
Horticulture Value Chain Development Project (Additional Financing): Project Administration Manual Project/Program Administration Manual May 2018
Horticulture Value Chain Development Project (Additional Financing): Report and Recommendation of the President Reports and Recommendations of the President May 2018

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

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Tenders

No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.