IFC Supports Modern Agricultural Service Centers in Kazakhstan and the Kyrgyz Republic, Boosting Farm Productivity and Creating Jobs
Kazakhstan, Nov. 4 -- Eurasia Group has secured to $33 million in financing from IFC, a member of the World Bank Group, to expand modern agricultural machinery distribution, maintenance, and farmer training networks across Kazakhstan and the Kyrgyz Republic. The investment aims to boost agricultural productivity, strengthen food security, and support an estimated 1,600 jobs, across both economies.The financing package supports the company's plans to build four modern, energy-efficient service and distribution centers-three in Kazakhstan (Astana, Pavlodar and Petropavlovsk) and one in Bishkek, marking the first dedicated John Deere service center in the Kyrgyz Republic. IFC is committing US$18 million initially: US$15 million for Kazakhstan ...
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