Project description
and objectives:
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The proposed project will involve financing of a new greenfield investment for the production lines for juice, carbonated drinks as well as financing regional expansions.
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Transition impact:
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The project has good transition impact potential. The project will :
- Improve corporate governance and transparency.
- Introduce greater competition and innovation by increasing the competitive pressures over the existing players via the additional volume and range of products produced under the project.
- Have a strong demonstration effect by attracting foreign investments to the non-natural resources/energy sector in Kazakhstan.
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The client:
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JSC RG Brands is a leading beverage producer and consumer goods distributor, incorporated in Kazakhstan. The Company consists of four production companies producing juices, soft drinks, tea packaging and milk as well as two distribution companies in Kazakhstan and Kyrgyz Republic.
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EBRD finance:
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Total financing for the project of USD 60 million long-term loan million.
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Total project cost:
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USD 107 million.
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Environmental impact:
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This project has been screened B/1 requiring an environmental audit and analysis. Independent consultants have been retained by the Company to undertake these studies according to Terms of Reference provided by the Bank. The studies will assess the environmental risks and liabilities associated with the Company's operations and compliance with both national and EU standards, and provide recommendations, as necessary, to address any risk or non-compliance issues. Any such recommendations will be formulated into an agreed environmental action plan and the Company will provide reporting to the Bank on the implementation of the EAP. This PSD will be updated, as appropriate, following the completion of environmental due diligence.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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Mr. Arman Zhanalinov, Chief Executive Officer
JSC RG Brands
Tel: +7 3272 505740
Fax: +7 3272 501355
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EBRD contact:
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Mehmet Ilkin, Operation Leader: ilkinm@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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