Highland Central Asia Tender

Project ID: 54796
Status: Concept Reviewed
Location: Regional
Business Sector: Equity Funds
Notice Type: Private
Environmental Category: FI
Approval Date: 25 Jun 2025
Disclosure date: 29 Apr 2025
Project Description
The proposed transaction is an equity commitment of up to US$ 15 million in favour of Highland Central Asia Fund II (the Fund).

Project Objectives
The Fund will make equity and equity related investments in SMEs in Uzbekistan and the Kyrgyz Republic with the objective of generating long-term capital appreciation.

Transition Impact
ETI score:81

investment will provide long-term risk capital to SMEs in Uzbekistan and Kyrgyz Republic thereby increasing the competitiveness of investee companies and strengthening the resilience of the domestic financial sector by developing alternative sources of funding and expanding private equity finance as an asset class.