Project Notice |
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| PNR | 55229 |
| Project Name | Kervan Capex Loan |
| Project Detail | Location: Türkiye Project number: 53944 Business sector: Agribusiness Notice type: Private Environmental category: B Approval date: 27 Jun 2023 Status: Approved PSD disclosed: 04 Sep 2023 The transaction entails the provision of a long-term loan (five years including one year grace period) of up to EUR 22m to Kervan for financing of the Companys capex investment plans. Project Objectives The proceeds of the Banks loan will be used to finance capital expenditure investments to support capacity increases for jelly and liquorice production lines, field solar panel investment and waste water treatment facility investment. |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Forestry |
| Country | Turkey , Asia |
| Project Value | TRY 22,000,000 |
Contact Information |
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| Company Name | KERVAN GIDA SANAYI VE TICARET AS |
| Web Site | https://www.ebrd.com/work-with-us/projects/psd/53944.html |
