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Third Phase of the Central Asia Regional Links Program (CARs-3)

Abstract*

The development objective of Third Phase of the Central Asia Regional Links Program Project for Kyrgyz Republic is to increase regional connectivity and support sustainable tourism development in Issyk‐Kul Oblast. This project has four components. 1) The first component, Regional Connections, Associated Facilities and Equipment in Issyk‐Kul Oblast, aims to support the establishment of a reliable road connection to Kazakhstan via the Karkyra BCP and...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The project development objective of the proposed Third Phase of the Central Asia Regional Links Program (CARs-3 Project) is to increase regional connectivity and support sustainable tourism development in Issyk-Kul Oblast.

Key Details

Project Details

  • P159220

  • Active

  • Yevhen Bulakh , Muhammad Zulfiqar Ahmed

  • Kyrgyz Republic

  • Kyrgyz Republic

  • July 26, 2016

  • (as of board presentation)

    October 5, 2018

  • January 30, 2020

  • US$ 72.00 million

  • Ministry of Transport and Communications

  • Europe and Central Asia

  • 2019

  • US$ 55.00 million

  • B

  • February 22, 2024

  • October 31, 2026

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 27.50
IDA Grant 27.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 55.00
IBRD + IDA Commitment 55.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 72.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 2, 2021 IDA-D3850 Loan Disb 29,311.81
Sep 10, 2021 IDA-D3850 Loan Disb 138,610.90
Sep 20, 2021 IDA-D3850 Loan Disb 76,597.16
Nov 30, 2021 IDA-D3850 Loan Disb 182,827.34
Feb 8, 2024 IDA-D3850 Loan Disb 94,650.02
Jun 24, 2024 IDA-D3850 Loan Disb 268,804.20
Jun 24, 2024 IDA-D3850 Loan Disb 2,478,730.20
Aug 21, 2024 IDA-D3850 Loan Disb 514,523.80
Apr 25, 2024 IDA-D3850 Loan Disb 421,117.22
Mar 27, 2024 IDA-D3850 Loan Disb 548,531.60
Feb 21, 2024 IDA-D3850 Loan Disb 88,780.35
Aug 20, 2024 IDA-D3850 Loan Disb 114,185.90
Jul 19, 2024 IDA-D3850 Loan Disb 83,693.95
May 24, 2024 IDA-D3850 Loan Disb 462,954.80
Oct 6, 2023 IDA-D3850 Loan Disb 161,525.31
Dec 15, 2023 IDA-D3850 Loan Disb 144,951.00
Oct 3, 2023 IDA-D3850 Loan Disb 675,892.06
Oct 3, 2023 IDA-D3850 Loan Disb 1,964,381.40
Oct 5, 2023 IDA-D3850 Loan Disb 469,449.72
Mar 27, 2024 IDA-D3850 Loan Disb 78,627.48
Dec 19, 2023 IDA-D3850 Loan Disb 232,559.17
Nov 3, 2023 IDA-D3850 Loan Disb 73,555.92
Jun 12, 2023 IDA-D3850 Loan Disb 46,053.16
Oct 31, 2023 IDA-D3850 Loan Disb 486,539.56
Jul 12, 2023 IDA-D3850 Loan Disb 542,100.56
Jul 12, 2023 IDA-D3850 Loan Disb 73,555.92
Aug 14, 2023 IDA-D3850 Loan Disb 158,291.00
Aug 7, 2023 IDA-D3850 Loan Disb 186,491.38
Jul 14, 2023 IDA-D3850 Loan Disb 257,078.23
Sep 12, 2023 IDA-D3850 Loan Disb 518,818.40
Mar 2, 2023 IDA-D3850 Loan Disb 362,303.20
May 15, 2023 IDA-D3850 Loan Disb 149,238.02
May 11, 2023 IDA-D3850 Loan Disb 614,550.90
Apr 26, 2023 IDA-D3850 Loan Disb 387,401.06
Jun 27, 2024 IDA-D3850 Loan Disb 607,704.00
Jun 20, 2024 IDA-D3850 Loan Disb 91,944.90
Jun 12, 2024 IDA-D3850 Loan Disb -109,389.62
Jun 24, 2024 IDA-D3850 Loan Disb 279,590.28
Jun 20, 2024 IDA-D3850 Loan Disb 109,387.99
Oct 5, 2018 IDA-63280 Loan Commitment 27,500,000.00
Oct 5, 2018 IDA-D3850 Loan Commitment 27,500,000.00
Dec 20, 2023 IDA-63280 Loan Disb 963,656.75
Dec 21, 2023 IDA-63280 Loan Disb 721,365.60
Dec 21, 2023 IDA-63280 Loan Disb 229,892.36
Dec 21, 2023 IDA-63280 Loan Disb 3,023,801.20
Aug 15, 2024 IDA-63280 Int Charges 5,576.51
Aug 15, 2024 IDA-63280 Int Charges 5,576.51
Aug 15, 2024 IDA-63280 Int Charges 18,144.21
Aug 15, 2024 IDA-63280 Int Charges 18,144.21
Mar 18, 2020 IDA-D3850 Loan Disb 200,000.00
Jun 3, 2021 IDA-D3850 Loan Disb 38,818.55
Apr 13, 2021 IDA-D3850 Loan Disb 89,923.27
Mar 31, 2021 IDA-D3850 Loan Disb 46,337.42
Dec 14, 2020 IDA-D3850 Loan Disb 37,574.25
Dec 16, 2020 IDA-D3850 Loan Disb 90,771.58
Apr 26, 2023 IDA-D3850 Loan Disb 400,000.00
Oct 3, 2022 IDA-D3850 Loan Disb 483,142.72
Oct 3, 2022 IDA-D3850 Loan Disb 1,724,822.60
Oct 18, 2022 IDA-D3850 Loan Disb 285,321.20
Oct 12, 2022 IDA-D3850 Loan Disb 683,438.75
Oct 12, 2022 IDA-D3850 Loan Disb 194,529.62
Jan 25, 2022 IDA-D3850 Loan Disb 75,125.12
Jun 29, 2022 IDA-D3850 Loan Disb 200,000.00
Jun 29, 2022 IDA-D3850 Loan Disb 45,780.69
Jun 12, 2024 IDA-D3850 Loan Disb 109,387.99

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2024-10-08
Procurement Satisfactory 2024-10-08
Monitoring and Evaluation Moderately Satisfactory 2024-10-08
Project Management Moderately Satisfactory 2024-10-08
Financial Management Satisfactory 2024-10-08
Overall Implementation Progress (IP) Moderately Satisfactory 2024-10-08

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Change of community satisfaction with sustainable tourismValue0.000.0010.00
    DateMarch 30, 2018June 9, 2023November 29, 2024
    Comment
  • Number of vehicles passing through the Karkyra border crossing pointValue7000.0019271.008500.00
    DateMarch 30, 2018December 30, 2022November 29, 2024
    Comment
  • Compliance with aviation safety standards and recommended practices measured by USOAP reaches global ICAO averageValue47.0072.4055.00
    DateMarch 30, 2018May 31, 2022November 29, 2024
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Road maintenance equipment in useValueNoNoYes
    DateMarch 30, 2018June 9, 2023November 29, 2024
    Comment
  • Number of beneficiaries participating in community-led tourism development in Tyup and Aksuu districtsValue0.00220.00500.00
    DateMarch 30, 2018June 9, 2023November 29, 2024
    Comment
  • Percentage of women participating in CAA training planValue2.000.0015.00
    DateMarch 30, 2018October 20, 2023November 29, 2024
    Comment
  • Facilities and curriculum improvements are made to the Kyrgyz Aviation InstituteValueNoNoYes
    DateMarch 30, 2018June 9, 2023November 29, 2024
    Comment
  • Number of women beneficiaries participating in community-led tourism development in Tyup and Aksuu districtsValue0.00103.00250.00
    DateMarch 30, 2018June 9, 2023November 29, 2024
    Comment
  • Number of Tourist Service Centers constructed or rehabilitatedValue0.000.005.00
    DateMarch 30, 2018June 9, 2023November 29, 2024
    Comment
  • Flight training device operationalValueNoNoYes
    DateMarch 30, 2018June 9, 2023November 29, 2024
    Comment
  • Percentage implementation of CAA training plan as measured by ICAO USOAPValue0.000.0085.00
    DateMarch 30, 2018October 20, 2023November 29, 2024
    Comment
  • Sustainable Tourism Strategy for Issyk-Kul Oblast developedValueNoNoYes
    DateMarch 30, 2018June 9, 2023November 29, 2024
    Comment
  • Kilometers of roads rehabilitated in Issyk-Kul OblastValue0.000.0052.00
    DateMarch 30, 2018June 9, 2023May 30, 2025
    Comment
  • Tourism Satellite Accounts established for Issyk-Kul OblastValueNoNoYes
    DateMarch 30, 2018June 9, 2023November 29, 2024
    Comment