Project Description
The collaboration between the International Finance Corporation (IFC) and Almoiz Industries Limited (Almoiz) aims to jointly conduct project pre-development activities to assess feasibility of setting up a local vertically integrated sugar production supply chain in Kazakhstan or Kyrgyz Republic. Pre-development activities will include studies to understand existing value chains, agricultural practices, off-take mechanisms, operations of local players and Environmental and Social (E&S) risks in Kazakhstan and/or Kyrgyz Republic.
The initiative is aligned with World Bank Group’s Country Partnership Framework for both Kazakhstan and Kyrgyz Republic, IFC’s Strategic Pillars for Water, Land, Small Farmers and Animal Protein, and Kazakhstan’s and Kyrgyz Republic’s governments’ priorities to increase higher value-added agriculture production to substitute imports and promote exports and to improve farmer productivity indicators.