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Turkmenistan Project Notice - DFF - Gercek Expansion


Project Notice

PNR 44693
Project Name DFF - Gercek Expansion
Project Detail Project Description The provision of a US$ 4 million to loan to Arassa Rysgal, a Turkmenistan based producer of footwear. The funds will be used to invset into the construction of new production lines to manufacture slippers made of polyvinylchloride, sport footwear and polypropylene yarn. This will help the company diversify product range and contribute to its vertical integration. Project Objectives The Project will enable Arassa Rysgal to both enhance its market position and improve the production efficiency through the introduction of polypropylene yarn, part of which the company will use to manufacture the footwear while selling the rest.
Funded By European Bank for Reconstruction and Development (EBRD)
Country Turkmenistan , Central Asia
Project Value TMM 4,000,000

Contact Information

Company Name ARASSA RYSGAL IE
Address Ayhan Rejepova merv.office@gmail.com +99365894004 n/a 2.5 kilometer of the north-eastern part of the Ashgabat-Mary bypass road, Gengeshlik Gyami, Ak Bugday etrap, Ahal velayat, Turkmenistan
Web Site https://www.ebrd.com/work-with-us/projects/psd/52698.html

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