Project Notice
|
| PNR |
40720 |
| Project Name |
Indorama Agro Working Capital Loan |
| Project Detail |
Project Description
Provision of two loans of up to US$70 million, in aggregate, to FE Indorama Agro LLC to support its capital expenditure and working capital needs.
Project Objectives
The project will support a significant private sector investment into the cotton farming sector in Uzbekistan. It will promote mechanised cotton harvesting and bring significant environmental and operational improvements including: (i) land levelling and alternative irrigation systems to optimise water use; (ii) effective application of fertilisers; (iii) upgrades of water delivery and melioration systems; and (iv) improved crops stock management. |
| Funded By |
European Bank for Reconstruction and Development (EBRD) |
| Country |
Uzbekistan , Central Asia |
| Project Value |
UZS 285,000,000
|
