Project Description
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.
Transition Impact
The project has good transition impact potential. The project will :
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Improve corporate governance and transparency.
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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.
The Client
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.
EBRD Finance
Total financing for the project of USD 60 million long-term loan million.
Project Cost
USD 107 million.
Environmental Impact
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.
Technical Cooperation
None.
Company Contact
Mr. Arman Zhanalinov, Chief Executive Officer
JSC RG Brands
Tel: +7 3272 505740
Fax: +7 3272 501355
Business opportunities
For business opportunities or procurement, contact the client company.
For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com
General enquiries
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com
Public Information Policy (PIP)
The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP
