IFC Anchors Highland Central Asia Fund II to Boost Private Equity and SME Financing in Central Asia
Uzbekistan, June 8 -- Small and medium enterprises (SMEs) in Uzbekistan and the Kyrgyz Republic will gain more access to long-term financing following IFC's commitment of up to $10 million to Highland Central Asia Fund II. The investment will support job creation, private sector growth, and the development of the region's private equity market.SMEs are a backbone of employment in Central Asia, accounting for a significant share of private sector jobs and playing a vital role in sustaining local economies. By expanding financing for these businesses, the initiative directly enhances job opportunities and economic resilience across the region.Highland Central Asia Fund II is currently the only institutional private equity fund active in both ...
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