Access to Finance for Jobs and Growth MPA Phase 1 - Uzbekistan (Узбекистан - Тендер #68195140)

• Project ID

P511700

• Project Title

Access to Finance for Jobs and Growth MPA Phase 1 - Uzbekistan

• Country

Uzbekistan

• Notice No

OP00405635

• Notice Type

Request for Expression of Interest

• Notice Status

Published

• Borrower Bid Reference

IC-04

• Procurement Method

Individual Consultant Selection

• Language of Notice

English

• Submission Deadline Date/Time

Nov 21, 2025 17:00

• Published Date

Oct 31, 2025

• CONTACT INFORMATION
• Organization/Department

Project Management Unit under the Ministry of Economy and Finance

• Name

Alibek Narboev

• Address

Uzbekistan, 100000, Tashkent, Niyozbek yoli street, 1.

• City

• Province/State

Uzbekistan

• Postal Code

• Country

Uzbekistan

• Phone

998900478227

• Email

pmu.fingrow@imv.uz

• Website

www.imv.uz

REQUEST FOR EXPRESSIONS OF INTEREST

(INDIVIDUAL CONSULTANT SELECTION – OPEN TO INTERNATIONAL APPLICANTS)

Republic of Uzbekistan

Project Preparation for the Financial Inclusion for Growth, Returns, and Opportunities for Work (FINGROW) MPA Phase 1 Project (P511700)

Assignment Title: Senior Advisor on Establishing EDC’s Fund of Funds for SME Greening Impact Investments

Reference No. (as per Procurement Plan): IC-04

The Republic of Uzbekistan has received financing from the World Bank to support the preparation of the proposed Financial Inclusion for Growth, Returns, and Opportunities for Work (FINGROW) MPA Phase 1 Project. A portion of these funds will be used to finance consulting services for the following assignment.

Under the FINGROW Project, the Entrepreneurship Development Company (EDC) will establish a Fund of Funds (FoF) that will act as a minority limited partner in private equity and impact funds focused on green, climate-resilient, and sustainable enterprises in Uzbekistan.

To support this effort, the Ministry of Economy and Finance (MEF) of the Republic of Uzbekistan, acting as the Executing Agency, intends to engage a Senior Advisor (semi-resident) to support the EDC in designing, structuring, and operationalizing the Fund of Funds. The assignment aims to ensure the FoF’s alignment with international best practices in green finance, impact investing, and blended finance mechanisms.

Scope of Services

The consulting services (“the Services”) include, but are not limited to, the following tasks:

1. Assess the financial and economic viability of establishing the FoF under EDC, including the analysis of potential benefits, risks, and debt repayment capacity related to the World Bank loan that will capitalize the FoF;

2. Provide strategic and technical advice on the design and operationalization of the FoF, which will invest as a minority limited partner in private equity impact funds managed by competitively selected fund managers investing in green enterprises in Uzbekistan and in the region (including value-chain linkages with Uzbek firms);

3. Support resource mobilization efforts from public (state) and private (domestic and international) sources for capitalization of the FoF;

4. Ensure methodological alignment of private equity impact fund selection with the double bottom-line ERR/IRR blended finance approach developed by the World Bank, incorporating the National Green Economy Taxonomy (NGET) and prioritizing green, job-creating investments;

5. Facilitate the establishment of strong governance, selection, and monitoring mechanisms for the FoF with an emphasis on transparency, accountability, and measurable impact outcomes.

The detailed Terms of Reference (ToR) for the assignment can be downloaded from the following link:

https://docs.google.com/document/d/1jhHA29hgZHrQ7PikjAkrgGrNHMxrFYPp/edit?usp=sharing&ouid=102883265367454794668&rtpof=true&sd=true

Eligibility and Submission Requirements

The PMU under the Ministry of Economy and Finance now invites eligible individual consultants (“Consultants”) to indicate their interest in providing the Services. Interested consultants must provide the following documents demonstrating their qualifications and experience relevant to the assignment:

- Letter of Interest;

- Curriculum Vitae (CV) indicating compliance with qualification requirements in the ToR.

Optional supporting materials may include:

- Copies of relevant reports or publications from similar assignments;

- A brief description of the proposed approach and tools for undertaking the assignment.

Selection Method

A Consultant will be selected in accordance with the Individual Consultant Selection method set out in the World Bank Procurement Regulations for IPF Borrowers (November 2020, revised September 2023).

The attention of interested consultants is drawn to paragraphs 3.14, 3.16, and 3.17 of the Procurement Regulations, setting forth the World Bank’s policy on conflict of interest.

Submission Details

Expressions of Interest (EoIs) must be delivered in written form (in person, by mail, or by e-mail) to the address below by 17:00 hours (Tashkent time), November 21, 2025.

The PMU under the Ministry of Economy and Finance of the Republic of Uzbekistan

1 Niyozbek Yuli Street, Tashkent, Uzbekistan

Attn: Mr. Alibek Narboev, Head of PMU

Tel: +998 90 176 8877 / +998 90 047 8227

Email: pmu.fingrow@imv.uz

Website: www.imv.uz

Источник закупки

Импорт - Экспорт по стране Узбекистан