ACTIVITY TITLE
VERSION 2.01
Issyk-Kul Ring Road Improvement Project
Reported by
European Bank for Reconstruction and Development XI-IATI-EBRD Multilateral
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
National 4 Multilateral outflows 4
Project-type interventions C01
Untied 1
IATI IDENTIFIER
XI-IATI-EBRD-52367
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DOCUMENTS ( 4 )
Project Summary Document - Transition Impact Environmental Social Summary TEXT/HTML EN Pre- and post-project impact appraisal Project Summary Document TEXT/HTML EN Objectives / Purpose of activity Country Strategy TEXT/HTML EN Memorandum of understanding (If agreed by all parties) Procurement/Tenders TEXT/HTML EN Tender
Planned start date 2023-11-28
Planned end date 2043-10-15
Actual start date 2023-11-28
activity status: Implementation
The activity is currently being implemented
WHO'S INVOLVED ( 2 )
PARTICIPATING ORG REFERENCE ROLE TYPE
European Bank for Reconstruction and Development
 Funding Multilateral
KYRGYZ REPUBLIC SOVEREIGN
 Implementing Government
General
The provision of a sovereign loan of up to € 44.2 million ("Loan") to the Kyrgyz Republic ("KR"), for the benefit of the Ministry of Transport and Communications of the Kyrgyz Republic ("MoTC"), for the reconstruction of an estimated 30 km Balbay Batyr-Karakol road section, located in the eastern part of KR along the northern shore of Issyk-Kul Lake. The proposed project is an integral part of a longer 440 km long Balykchy-Karakol-Balykchy Road rehabilitation programme, part of the Issyk-Kul Ring Road. Remaining sections were financed by the KR state budget, and Islamic development financial institutions, and partially proposed to be financed by the Asian Development Bank. The EBRD Loan will include financing of the road rehabilitation works and contract supervision services. After the Project completion, the whole Balykchy-Karakol Road should comply with the Category II international technical standard. The Project will close the remaining infrastructure gap on 440 km long Issyk-Kul ring road which is part of CAREC 1 corridor and is one of the six priority transport links identified in the national Road Sector Development Strategy 2025, to foster economic development and connectivity as well as strengthen the KR's integration into regional markets.
recipient country ( 1 )
KyrgyzstanKG
100
LOCATION ( 1 )
NAME DESCRIPTION POSITION CLASS REACH EXACTNESS
BISHKEK
ID 1528675 (Geonames)
42.87 74.59 Administrative Region Approximate
country budget items ( 1 )
IATI Withdrawn ( 1 )
The budget identifier reported uses IATI budget identifier categories
1.7.4
100
sector ( 1 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Transport policy and administrative management21010
100
GLOSSARY
Transport policy and administrative managementTransport sector policy, planning and programmes; aid to transport ministries; institution capacity building and advice; unspecified transport; activities that combine road, rail, water and/or air transport. Includes prevention of road accidents. Whenever possible, report transport of goods under the sector of the good being transported.
Financial Overview
Outgoing Commitment ( 1 )
Disbursement ( 1 )
Budget ( 1 )
Outgoing Commitment
Disbursement
Budget
Budget ( 1 )
START END TYPE STATUS VALUE
2025-01-01 2025-12-31 Original 43,760,000
EUR
Budget
Transactions ( 2 )
Outgoing Commitment ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2023-11-28
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
KYRGYZ REPUBLIC SOVEREIGN
 44,200,000
EUR
Outgoing Commitment
Disbursement ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2024-08-06
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
KYRGYZ REPUBLIC SOVEREIGN
 440,000
EUR
Disbursement
General Enquiries
European Bank for Reconstruction and Development
+44 20 7338 7380
projectenquiries@ebrd.com
www.ebrd.com
5 Bank Street, London E14 4BG
conditions( 1 )
NARRATIVE TYPE DESCRIPTION
The provision of a sovereign loan of up to € 44.2 million ("Loan") to the Kyrgyz Republic ("KR"), for the benefit of the Ministry of Transport and Communications of the Kyrgyz Republic ("MoTC"), for the reconstruction of an estimated 30 km Balbay Batyr-Karakol road section, located in the eastern part of KR along the northern shore of Issyk-Kul Lake. The proposed project is an integral part of a longer 440 km long Balykchy-Karakol-Balykchy Road rehabilitation programme, part of the Issyk-Kul Ring Road. Remaining sections were financed by the KR state budget, and Islamic development financial institutions, and partially proposed to be financed by the Asian Development Bank. The EBRD Loan will include financing of the road rehabilitation works and contract supervision services. After the Project completion, the whole Balykchy-Karakol Road should comply with the Category II international technical standard. The Project will close the remaining infrastructure gap on 440 km long Issyk-Kul ring road which is part of CAREC 1 corridor and is one of the six priority transport links identified in the national Road Sector Development Strategy 2025, to foster economic development and connectivity as well as strengthen the KR's integration into regional markets. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/52367
 Performance The condition attached requires certain outputs or outcomes to be achieved by the recipient