devinitorg/iati-policy-markers huggingface dataset:
ULI SME 2016 Joint Stock Company Uzbek Leasing International A.O. (ULI or the company) is the oldest and the second largest in term of new business in Y2015 leasing company in Uzbekistan. ULI is a universal leasing company, occupies 4.1% of Uzbek market and focuses mainly on SME segment.   ULI has been IFCs repeat client since its foundation in 1996 when IFC invested in 15% of ULIs capital. In 2002 and in 2008 IFC has committed two senior loans to ULI for a total of US$5.5 million (both were repaid on time) and provided an extensive advisory services package to the Company.  The project is to provide a 4-year US$5 million senior loan to Joint Stock Company Uzbek Leasing International A.O. to finance leasing operations with SMEs. At least 10% of the loan is earmarked for financing energy efficient leased equipment to SMEs in the country. - SME access to finance: the Project would provide financing to SMEs that would contribute to the creation of employment and sustainable private sector development. - SME access to Energy Efficiency Loans: the Project would stimulate ULI to finance energy efficiency projects of its clients.  - Financial performance: IFC''s project would support improvement of ULI''s ROE, EROE. Corporate Governance: IFC''s project would support ULI''s Risk Management System improvement.
Indorama Cotton The project is to finance the development of cotton farm clusters covering a total area of approximately 50,000 hectares in two regions of Uzbekistan and engaging with local farmers through contract farming, in approximately 22,000 hectares  (the Project) by FE Indorama Agro LLC (the Company), a wholly-owned subsidiary of Indorama Group (Indorama or the Sponsor). The Company will introduce to the country modern technologies of cotton production and supply the Sponsors local textile plant, FE Indorama Kokand Textile JSC, with a stable amount of machine picked cotton fibre for its raw materials.  The Project will address some of the countrys systemic developmental challenges by eliminating the use of forced labor in Indoramas local value chain and significantly increase production efficiency at Project farms, thus enhancing the sustainability of Uzbekistans cotton sector. The Project will also allow Indorama to strengthen its cotton supply chain in Uzbekistan through backward integration into cotton production, therefore addressing the risks of cotton availability, quality and supply chain reputational risk. The Project is expected to have a positive development impact, contributing to market creation and generating economy-wide and employment effects. The Project will ensure transitioning to mechanized harvesting that would both increase efficiencies and eliminate the risk of forced labor. The Project will also source cotton from local contract-farmers, helping them integrate into a modernized value chain on commercial terms and reduce off-take uncertainties on both sides. The Project's ginning and warehousing operations will contribute to reducing post-harvest losses and facilitating domestic value addition in the context of broader sector reform and create estimated 700 non-farm new jobs. In addition, the Project will create 1,000 farm jobs.
Syrdarya CCGT The Project involves the development, design, construction and operation of a 1,600MW Combined Cycle Gas Turbine (CCGT) power project located approximately 150 km south of the capital city of Tashkent in the Syrdarya region in Uzbekistan. The Project will be an Independent Power Producer (IPP), implemented on a Build-Own-Operate-Transfer basis, selling its generation to the state-owned JSC National Electric Grid of Uzbekistan (NEGU), under a 25-year Power Purchase Agreement. Gas for the Project will be procured from the state owned JSC Uztransgaz under a tolling-mechanism. The Project will constitute a strategic asset in Uzbekistan's energy mix and is expected to add cost-efficient baseload capacity to NEGU to meet the growing demand for electricity. The Project would also reduce carbon emissions in line with Uzbekistan's Nationally Determined Contributions (NDC) by displacing existing aging generation units with a more efficient CCGT technology. The Project would contribute to increase the resilience of electricity supply by adding installed capacity to the energy mix, and stabilize baseload supply to provide the necessary system flexibility to scale up renewable energy generation in line with Uzbekistan's carbon neutrality roadmap. The Project could also improve sector competitiveness by reinforcing market structure with increased IPP participation.
SEF Parvina Bank Credit Line The project involves provision of a long-term credit line totaling up to US$1.0 million to Parvina Bank.  The credit line will be in the form of a subordinated debt to be on-lent to small and medium enterprises (SMEs).  The credit line will be used to provide sub-loans to finance capital expenditures, investments for expansions, working capital and trade finance necessary for the development of the nascent Uzbek private sector.     The sub-loan amount may be as low as US$10,000 and the maximum size is expected to be US$250,000. Eligible SMEs are expected to be privately owned, have sound management and balance sheet, have prepared a viable business plan, and have an export oriented business or have arrangements in place to obtain foreign exchange.       The project seeks to address the scarcity of term finance in Uzbekistan, especially to recently privatized or newly created private SMEs. According to the International Monetary Fund (IMF), it is very difficult for SMEs to obtain foreign exchange through official channels since the intensification of foreign exchange restrictions in late 1996. The credit line will support commercially viable projects in the country''s emerging private sector by facilitating term and other financing in hard currency.
Andijan Bank Credit Line The project involves (i) provision of a long-term subordinated partially convertible credit line totaling up to US$3 million; and (ii) technical assistance (TA) to Andijan Bank, an Uzbek privately held commercial bank.  The credit line will be used to provide sub-loans to small and medium sized enterprises (SMEs) to finance capital expenditures, investments for expansions, working capital and trade finance necessary for the development of the nascent Uzbek private sector.    The sub-loan amount may be as low as US$10,000 and the maximum size is expected to be less than US$150,000. Eligible SMEs are expected to be privately owned, have sound management and balance sheet, have prepared a viable business plan, and have an export oriented business or have arrangements in place to get foreign exchange.     The project seeks to address the scarcity of term finance in Uzbekistan, especially to recently privatized or newly created private SMEs. According to the International Monetary Fund (IMF), it is very difficult for SMEs to obtain foreign exchange through official channels since the intensification of foreign exchange restrictions in late 1996. The credit line will support commercially viable projects in the country''s emerging private sector by facilitating term and other financing in hard currency.
JSC Indorama Kokand Fertilizers and Chemicals The project is to finance the privatization and modernization of JSC Kokand Superphosphate Plant, renamed post privatization to JSC Indorama Kokand Fertilizers and Chemicals (IKF or the Company), an outdated phosphate fertilizer plant located in Uzbekistan (the Project).  The Company was acquired in 2019 by Indorama Holdings B.V., domiciled in the Netherlands, through direct negotiations with the Government of Uzbekistan.  The Project will enable ICP to establish its first fertilizer production facility in Uzbekistan, which has natural feedstock to produce a wide range of fertilizers. The Project is expected to have a positive development impact, contributing to market creation and generating economy-wide and employment effects.  As the first majority privately-owned phosphorus fertilizer plant in the country, IKF is expected to stimulate competition and pave the way for further privatizations of state-owned chemical companies. The Project will also contribute to improving the efficiency and increasing the productivity of the manufacturing sector in Uzbekistan.
UZ Solar 3 Project The proposed investment involves providing long term debt financing for construction and operation of 250MWac solar photovoltaic (PV) plant with 63MW/126MWh Battery Energy Storage System (BESS) and associated interconnection facilities located in the Bukhara region, Uzbekistan (the Project). The Project is undertaken by Nur Bukhara Solar PV LLC FE, a limited liability company established in Uzbekistan. The generated electricity will be sold to the JSC National Electric Grid of Uzbekistan (NEGU) under a 25-year power purchase agreement, including a 10-year BESS term. The most significant project level outcome is a reduction in carbon emissions and increased access to electricity in Uzbekistan. The solar PV plant is expected to displace aging and energy intensive thermal power generation in the merit order of dispatch and increase electricity supply from a renewable source at a competitive tariff. By supporting the development of the first renewable energy independent power producer ("IPP") with BESS component in the country, the Project would demonstrate effects of combined usage of renewable energy generation and utility-scale battery storage solution that will catalyze private sector participation and reinforce a market structure with increased IPP participation, and improve resilience through the diversification of Uzbekistan's electricity generation mix with low-cost sustainable renewable energy generation.
ABN-AMRO Bank Uzbekistan Summary Of Project Information (SPI)       Project Name    Uzbekistan-ABN-Amro Bank Uzbekistan Limited            Region    Central Asia, Middle East and North Africa        Sector       Project No004760   Projected Board DateSeptember 29, 1995   Company NameABN Amro Bank Uzbekistan Limited   Technical Partner and/or Major Shareholders    	Technical partner - ABN-Amro N.V. - 50%; Local partner - National Bank for Foreign Economic Activity - 30%; EBRD - 10%; IFC - 10%    Project Cost Including proposed IFC investment    	The Bank will be capitalized at US$10 million, of which IFC will invest approximately US$1 million.    Location of project and Description of site    	Tashkent, Republic of Uzbekistan    Description of Company and Purpose of Project    	The project will consist of the establishment of the first major international joint-venture bank in the Republic of Uzbekistan that is expected to provide essential banking services to Uzbek private sector enterprises.    Environmental Category and Issues    	This is a category C project.  No further environmental review is therefore required.     The  is  from the Public Information Center.       Date SPI sent to PIC     August 28, 1995      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365
Ipoteka Loan The proposed investment package to Ipoteka-Bank (Ipoteka or the Bank), a state-owned entity and an existing investment and advisory client in the Republic of Uzbekistan, consists of: (i) a 5-year senior loan of up to US$50 million equivalent in Uzbek Sum (UZS) (the Loan); and (ii) cross currency swaps to hedge a portion of the Bank's U.S. dollar (USD) and Euro denominated liabilities into UZS, with the aggregate notional amount of up to US$50 million equivalent, maximum maturity of up to 24 months and the overall loan equivalent value (LEQ), which is the expected positive average marked-to-market value of the proposed transactions, of up to US$1.5 million (the Project). The swap is not linked to the loan and constitutes a separate component of the Project. The proposed Project is increasing IFC's financing support to a previously approved investment (Ref: IFC/R2019-0209, June 19, 2019) with the purpose of enhancing SME lending. Given this, the development impact assessment of this project is the same as the earlier project, which received an Anticipated Impact Measurement and Monitoring (AIMM) rating of Excellent, based on an AIMM score of 68. On an unadjusted basis (i.e., without likelihood factor), the full potential AIMM score could reach 112. The most significant, expected Project-level outcomes are increased access to finance for SMEs in Uzbekistan. In addition, the Project will support the growth of Ipoteka's WSME portfolio, as the Bank commits to earmark 25 percent of IFC funding towards WSMEs. Beyond the Project, IFC investments will promote greater market competitiveness through market-enabling, competition and demonstration channels by contributing to the privatization of Uzbekistan's banking system. IFC interventions are key in building a more efficient, inclusive, and transparent banking sector - a critical enabling factor or transitioning to a market-oriented economy.
Uzbekistan Leasing 2 Established in 1996 with a share capital of US$4 million, the company  is an existing IFC client which provides medium term financial leases for industrial equipment and machinery.  Without access to additional financing the company will not be able to grow its portfolio, which could threaten its sustainability.  The proposed project will address Uzbek Leasing International A.O. funding needs.      The company''s clients are small and medium size private enterprises, the growth of which is critical for the development of Uzbekistan''s economy.  Without access to term finance, these companies are unable  to implement investment plans and modernize existing facilities. The project will address the scarcity of term financing available to fund imported production equipment in Uzbekistan.  In addition to the provision of funding, otherwise unavailable to the company, IFC''s role in this project is to provide comfort to other shareholders.
Korzinka Project Anglesey Food LLC (Korzinka or the Company) is the leading food retailer in Uzbekistan, operating under the Korzinka brand name. The Project involves construction of the Companys new distribution center in Tashkent with a total estimated project cost of approximately US$25 million (the Project). The Project will support the Companys growth and help address the countrys developmental challenges by increasing consumer access to quality food via a nationwide, modern retail chain. The new distribution center will consolidate Korzinkas logistics operations, increasing its operational efficiencies . The Project will have significant development impact. The most significant, expected Project-level outcomes are i) increased access to modern retail for consumers in Uzbekistan and ii) job creation and preservation. Beyond the Project, IFC anticipates that the Project will promote financial integration through enabling a loan aligned with Islamic Finance Principles.
Uzbek Leasing 2022 The proposed project consists of (i) an up to US$5 million IFC A loan; and (ii) up to US$10 million equivalent B loans to a longstanding IFCs client in Uzbekistan  Uzbek Leasing International A.O. (ULI or the Company). The proposed Loan maturity is 4 years with a 1-year grace period (the Loan) and will be denominated in USD. The proposed financing will enable ULI to support its leasing operations with a focus on small and medium enterprises (SMEs) and will have a 35% allocation towards climate finance leasing (the Project). IFC anticipates that the Project will enable the Company to meet the financing needs of its SME clients  thus enhancing financial inclusion. With the 35% carve out towards climate finance (CF) leases, the Project is expected to open opportunities for SMEs to adopt more energy-efficient solutions. It is anticipated that this will promote sustainable lending practices and open opportunities for CF-focused investments its via its demonstration and replication potential across the Uzbekistan leasing sector. Lastly, the Project will enable IFC to support ULI - one of its long-term clients and a leading leasing company in Uzbekistan to expand its leasing activities in a post-COVID-19 and challenging economic environment.
ACWA EBL Project The proposed investment involves providing an Equity Bridge Loan (EBL) facility for the development and operation of 1 Gigawatt (GW) of Solar Photovoltaic (PV) and 1 GWh Battery Energy Storage System (BESS) and associated interconnection facilities in Uzbekistan (the Project). The Project will comprise of two subprojects, each up to 500MW Solar PV and up to 500 MWh BESS each in the Samarkand and Bukhara regions. The Project will be undertaken by two limited liability companies established in Uzbekistan and owned by ACWA Power International. The electricity generated from the two projects will be sold to Uzbekistans state-owned electricity utility, JSC National Electric Grid of Uzbekistan (NEGU) under a 25-year power purchase agreement, including a 10-year BESS term. The most significant project level outcome is a reduction in carbon emissions and increased access to electricity in Uzbekistan. The solar PV is expected to displace aging and energy intensive thermal power plants in the merit order of dispatch and increase electricity supply for a renewable source. The Project is expected to add 1GW of RE generation installed capacity and generate [~2,400] GWh/year of electricity. The Project is also expected to add 1 GWh to the countrys nascent battery storage capacity. By supporting the development of the renewable energy independent power producer ("IPP") with BESS component in the country, the Project would demonstrate effects of combined usage of renewable energy generation and utility-scale battery storage solution that will catalyze private sector participation and reinforce a market structure with increased IPP participation, and improve resilience through the diversification of Uzbekistan's electricity generation mix with low-cost sustainable renewable energy generation.
Hamkorbank Loan The proposed Project consists of an up to US$50 million equivalent investment package to Joint Stock Commercial Bank with Foreign Capital Hamkorbank (Hamkorbank or the Bank), a private Uzbek bank, to support the Banks local currency financing of micro, small and medium enterprises (MSMEs) and help it expand offering to women-owned SMEs (WSMEs), including women-owned very small enterprises (WVSEs). The package includes: (i) an IFC A loan of up to US$15 million equivalent to be disbursed as an Uzbek Soum (UZS)-linked loan; and (ii) an up to US$35 million mobilization of B Loans. An additional parallel loan mobilization is also being considered. The proceeds of the financing package will be used for on-lending to MSMEs, including WSMEs and WVSEs. The Project has an Anticipated Impact Measurement and Monitoring rating of Good based on an AIMM score of 48. On an unadjusted basis (i.e., without likelihood factor), the full potential AIMM score could reach 64. The most significant, expected Project-level outcome is increased access to financial services for MSMEs in Uzbekistan, including women-owned SMEs. Beyond the Project, IFC anticipates that the investment will promote greater market inclusiveness in Uzbekistan via competition and demonstration channels.
Asaka  Bank Summary Of Project Information (SPI)       Project Name:    Uzbekistan: Asaka Bank SME Credit Line                Region:    Central Asia, Middle East and North Africa      Sector:   Project No:008701   Projected Board Date:May 28, 1999   Company Name:Asaka Bank   Technical Partner and/or Major Shareholders    	Asaka Bank shareholding structure is the following: 98.33% Ministry of Finance, 0.67% National Bank of Uzbekistan, 0.67% Narodny Bank, and 0.33% Uzavtosanoat.  The Government has announced plans to privatize this institution.    Project Cost Including proposed IFC investment    	A loan: US$10 million             Location of project and Description of site    	Uzbekistan    Description of Company and Purpose of Project    	Asaka Bank (Asaka) was established as a Specialized State Joint-Stock Commercial Bank in November of 1995, and commenced operations in February of 1996.  Asaka was formed in order to bring more diversity and competition to the banking sector in Uzbekistan.  Asaka is the second best capitalized bank in the country; it is ranked 4th in terms of asset size and 6th in terms of deposits.  The project seeks to address the scarcity of term finance available in Uzbekistan, especially to recently privatized or newly created private sector small and medium-sized enterprises (SMEs).  The 8-year facility would be used by the Banks to provide long-term project finance to SMEs.    Environmental Category and Issues    	This is a Financial Intermediary (FI) Type 2 project according to IFC''s environmental review procedure.  Asaka Bank must require all subprojects to be carried out and operated in compliance with applicable host country environmental, health and safety requirements.  In addition, subprojects whose total project cost is less than US$500,000 must be consistent with IFC''s Microfinance Exclusion List.  Subprojects whose total project cost is US$500,000 or greater must be carried out in accordance with IFC environmental and social safeguard policies, be consistent with IFC''s Exclusion List, and meet the host country requirements.  Asaka OF Bank must obtain IFC clearance prior to making any investment with IFC funds in any Category A project.  asaka Bank must participate in environmental training, develop an environmental management system and provide an annual environmental performance report.        Date SPI sent to InfoShop:     April 15, 1999      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact: Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384