A Sustainable Asset Valuation (SAVi) of the Uchkuduk-Kazakhstan Border Highway, Uzbekistan

The SAVi assessment of the Uchkuduk-Kazakhstan Border Highway in Uzbekistan indicates that while the project has a low traditional benefit-cost ratio of 0.18, its sustainable benefit-cost ratio (S-BCR) is significantly higher at 1.38 to 1.95. The project is expected to generate cumulative discounted net benefits between USD 230 million and USD 567 million over a 30-year period (2022-2052), driven primarily by public revenues from raw materials trade and avoided traffic accident costs.

• The project's total projected investment costs are UZS 6,278 billion (USD 599 million), which includes UZS 547 billion (USD 52 million) for taxes, duties, and social tax.
• The assessment identifies a stark difference between traditional financial valuation and sustainable valuation. A traditional benefit-cost ratio (BCR) considering only tangible impacts is 0.18, which would typically render the project not investment-worthy. However, the sustainable BCR (S-BCR) is 1.38 in the 'low cost of accidents' scenario and 1.95 in the 'high cost of accidents' scenario.
• Over a 30-year period from 2022 to 2052, the highway is projected to generate cumulative discounted net benefits of UZS 2,411 billion (USD 230 million) under a low cost of accidents scenario and UZS 5,942 billion (USD 567 million) under a high cost of accidents scenario.
• The most significant positive impacts are public revenues from the trade of raw materials (UZS 6,426 billion / USD 613 million) and revenues from transport (UZS 1,129 billion / USD 107 million). In the high cost of traffic accidents scenario, avoided accident costs are valued at UZS 3,732 billion (USD 356 million).
• The project is expected to cause negative environmental impacts, specifically an increase in air pollution and CO2 emissions resulting from road use.

APA

International Institute for Sustainable Development (n.d.). A Sustainable Asset Valuation (SAVi) of the Uchkuduk-Kazakhstan Border Highway, Uzbekistan. https://www.iisd.org/system/files/2023-11/savi-uchkuduk-kazakhstan-border-highway-uzbekistan-summary.pdf

Chicago

International Institute for Sustainable Development. A Sustainable Asset Valuation (SAVi) of the Uchkuduk-Kazakhstan Border Highway, Uzbekistan. n.d. https://www.iisd.org/system/files/2023-11/savi-uchkuduk-kazakhstan-border-highway-uzbekistan-summary.pdf.

Wikipedia

{{cite report |author=International Institute for Sustainable Development |title=A Sustainable Asset Valuation (SAVi) of the Uchkuduk-Kazakhstan Border Highway, Uzbekistan |url=https://www.iisd.org/system/files/2023-11/savi-uchkuduk-kazakhstan-border-highway-uzbekistan-summary.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{internationalinstituteforsustainabledevelopmentndsustainable, author = {{International Institute for Sustainable Development}}, title = {{A Sustainable Asset Valuation (SAVi) of the Uchkuduk-Kazakhstan Border Highway, Uzbekistan}}, institution = {International Institute for Sustainable Development}, url = {https://www.iisd.org/system/files/2023-11/savi-uchkuduk-kazakhstan-border-highway-uzbekistan-summary.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }