PROJECT

Projects

Environmental Review Summary

Project Number

10334

Company Name

Akun Ltd.

Date ERS Disclosed

Mar 6, 2001

Country

Kyrgyz Republic

Region

Central Asia and Turkiye

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Jun 27, 2001
Signed : Nov 12, 2001
Invested : Aug 27, 2002

Sector

Grain Processing (Milling, Starch, Flour, Malt)

Industry

other

Department

Regional Industry MAS MCT

Project Description

The project involves the establishment of a pasta/macaroni plant in the Kyrgyz Republic which will be integrated with an existing flour/semolina plant. Yearly production output is expected to be 19,000 tons per year of which 70% will be dry short-cut pasta and 30% long-cut pasta. Total project cost is expected to be around $8.8 million of which IFC is asked to finance $2.4 million.

Environmental and Social

Conclusion & Monitoring