Assessment of infrastructure asset management projects of the Asian development bank (adb) and the world bank: lessons for central Asia and Uzbekistan

Suleymanov, Farrukh

Pioneering Studies and Theories · 2026-yil

Annotatsiya

This study, prepared in the IMRAD format, presents a comparative institutional and financial analysis of the post-investment sustainability of infrastructure projects financed by the Asian Development Bank (ADB) and the World Bank (WB) in Central Asia. The relevance of the study is determined by the fact that Uzbekistan annually attracts USD 1–2 billion in loan resources from the WB and ADB for infrastructure development; however, mechanisms for long-term management of the assets created under such projects often remain a weak link. Based on Project Performance Evaluation Reports (PPER) and Implementation Completion and Results Reports (ICR) for 2015–2023, 42 projects in water supply, energy, and road infrastructure were analyzed. The study introduces the Asset Management Sustainability Index (AMSI). The results reveal a “donor paradox”: physical construction is successfully completed in 88% of cases, yet the financial sustainability of assets through tariffs and OPEX is achieved in only 31% of ADB projects and 42% of WB projects. The Discussion section substantiates the need to move from “project management” to “lifecycle asset management” within loan agreements.

Maqola ma’lumotlari
MualliflarSuleymanov, Farrukh
JurnalPioneering Studies and Theories
NashriyotХалқаро Нордик университети
ISSN3060-5105, 3060-5105
Nashr sanasi2026-06-11
Jild2
Son3
Betlar32-39
TilIngliz
Ilmiy sohaIqtisodiyot
Indeksga qo‘shilgan2026-08-26

Maqolaning asl sahifasi

Kalit so‘zlar

asset management, ADB, World Bank, infrastructure projects, Central Asia, Uzbekistan, AMSI index, IMRAD, lifecycle, operating expenditures (OPEX), sustainability

Ilmiy soha

Iqtisodiyot

Iqtibos keltirish

APASuleymanov, Farrukh (2026). ASSESSMENT OF INFRASTRUCTURE ASSET MANAGEMENT PROJECTS OF THE ASIAN DEVELOPMENT BANK (ADB) AND THE WORLD BANK: LESSONS FOR CENTRAL ASIA AND UZBEKISTAN. Pioneering Studies and Theories, 2(3), 32-39. https://pstjournal.uz/index.php/pst/article/view/130
GOST (OAK)Suleymanov, Farrukh ASSESSMENT OF INFRASTRUCTURE ASSET MANAGEMENT PROJECTS OF THE ASIAN DEVELOPMENT BANK (ADB) AND THE WORLD BANK: LESSONS FOR CENTRAL ASIA AND UZBEKISTAN // Pioneering Studies and Theories. – 2026. – T. 2, № 3. – P. 32-39.
MLASuleymanov, Farrukh. “ASSESSMENT OF INFRASTRUCTURE ASSET MANAGEMENT PROJECTS OF THE ASIAN DEVELOPMENT BANK (ADB) AND THE WORLD BANK: LESSONS FOR CENTRAL ASIA AND UZBEKISTAN.” Pioneering Studies and Theories, 2(3), 32-39, 2026. https://pstjournal.uz/index.php/pst/article/view/130
ChicagoSuleymanov, Farrukh. “ASSESSMENT OF INFRASTRUCTURE ASSET MANAGEMENT PROJECTS OF THE ASIAN DEVELOPMENT BANK (ADB) AND THE WORLD BANK: LESSONS FOR CENTRAL ASIA AND UZBEKISTAN.” Pioneering Studies and Theories, 2(3), 32-39 (2026). https://pstjournal.uz/index.php/pst/article/view/130
HarvardSuleymanov, Farrukh (2026) ‘ASSESSMENT OF INFRASTRUCTURE ASSET MANAGEMENT PROJECTS OF THE ASIAN DEVELOPMENT BANK (ADB) AND THE WORLD BANK: LESSONS FOR CENTRAL ASIA AND UZBEKISTAN’, Pioneering Studies and Theories, 2(3), 32-39. https://pstjournal.uz/index.php/pst/article/view/130
BibTeX
@article{suleymanovfarrukh2026,
  title = {ASSESSMENT OF INFRASTRUCTURE ASSET MANAGEMENT PROJECTS OF THE ASIAN DEVELOPMENT BANK (ADB) AND THE WORLD BANK: LESSONS FOR CENTRAL ASIA AND UZBEKISTAN},
  author = {Suleymanov, Farrukh},
  journal = {Pioneering Studies and Theories},
  year = {2026},
  volume = {2},
  number = {3},
  pages = {32-39},
  url = {https://pstjournal.uz/index.php/pst/article/view/130}
}

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