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You are here: Home > Projects > Projects By Department > Lending and Investment

Lending and Investment

Project Name: FIPEISF-Agribusiness Account-Subproject 1: Salty Snacks Project Turkmenistan
Project Description: Berk Group is planning to start production of salty snacks as a complementary product for its range of beer. The concept is sound given that most salty snacks are currently imported into Turkmenistan and they are often of poor quality. The loan will finance the purchase of state-of-the-art production equipment for the company’s greenfield production site just outside Ashgabat.

Project Objectives: The project will assist the client to produce high quality snacks locally and sell at a reasonable price, thereby replacing poor quality imports on the local market.
Executing Agency: EBRD
Implementation Arrangement: The loan is admainistrated by the EBRD and executed by the client for the inteded 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: 1.Competition in Project Sector: Launch of new snacks production company in the market.
2.Linkages: the project will contract local suppliers of packaging and work with local farmers in growing of potatoes for raw materials.
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:2016/10/6
  • Date Updated:2018/11/23