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Lending and Investment

Project Name: FIPEISF-Agribusiness Account- Subproject 4: Turkmenistan Packaging Company
Project Description: Intizar Yurek is the second largest manufacturer of corrugated cardboard and corrugated packaging in Turkmenistan. The clientele of Intizar includes companies in confectionary, dairy, soft drinks, construction materials and other industries.

The project will comprise a loan in two tranches. Proceeds from this financing will be used to purchase new equipment, which will allow it to increase its capacity and launch new products.

Project Objectives: The project will help Intizar Yurek in its expansion and launch of new product lines.
Executing Agency: EBRD
Implementation Arrangement: The loan is administered by the EBRD and executed by the client for the intended purpose.
Project Manager: Su,YiChung
Project Coordinator Phone: 886-2-28732323 ext.508
Project Coordinator E-mail: y.c.su@icdf.org.tw
Projected Benefits: Improved operational efficiency (technological improvements);

‧ Management Information System will be introduced;

‧ International Financial Reporting Standards (IFRS) will be introduced.

Sector: Production Sectors
Sector Item: Agriculture, Forestry and Fishing
Cooperating Country: West and Central Asia, Turkmenistan
Cooperating Organization: European Bank for Reconstruction and Development (EBRD)
Project status: Projects under implementation
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  • Date:2016/12/23
  • Date Updated:2018/8/27