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BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are continuing their program to modernize derelict public infrastructure in the Kyrgyz Republic with a new project in the southern Osh region, the EBRD press office reports. Continue reading
ASHGABAT (TCA) — The European Bank for Reconstruction and Development (EBRD) is stepping up its support for private small and medium-sized enterprises in Turkmenistan with funding to Taze Ay, a processed meat producer based in the southern city of Mary, the EBRD press office reported. Continue reading
BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) is boosting support to private entrepreneurship in Kyrgyzstan by providing a local currency credit line to micro, small and medium-sized enterprises (MSMEs) in the country, the EBRD said on September 30. Continue reading
ASHGABAT (TCA) — The European Bank for Reconstruction and Development (EBRD) is boosting its support for private sector development in Turkmenistan by helping one of the leading companies expand its product line. A US $2.8 million loan will help Berk group, a successful brewer, to expand into the segment of salty snacks, which will complement its core business, the EBRD press service reports. Continue reading
BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are stepping up their support to build a sustainable, green economy in Kyrgyzstan. The Bank is extending a loan equivalent to US $3 million in local currency to KICB, a leading bank in the country, to finance energy savings for businesses and residential homeowners under the Kyrgyz Sustainable Energy Financing Facility (KyrSEFF), the EBRD said on September 15. Continue reading
BISHKEK (TCA) — The City of Bishkek on September 14 took delivery of five more specialised vehicles which will be used to modernise the city’s water and wastewater networks. The project, which also involves a corporate development programme for the municipal water utility, is financially supported by the Government of Switzerland and the European Bank for Reconstruction and Development (EBRD). The water utility company has already received 41 specialised trucks and other equipment, the Embassy of Switzerland in the Kyrgyz Republic said. Continue reading