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Adal Azyk

Sector: Manufacturing (Industrial) • Location: Kyrgyz Republic

Source: International Finance Corporation (IFC)

Project
Active

The proposed IFC’s financing consists of a senior secured Kyrgyz Som (KGS)-denominated loan of up to US$20 million equivalent (the IFC Loan) to Adal Azyk LLC (AA or the Company), the largest sausage producer and integrated poultry farm in the Kyrgyz Republic, an IDA country, with about 55% market share in the fast-growing Kyrgyz sausage market, and a highly competitive position in the country’s po

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Project Information

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The project “Adal Azyk” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Kyrgyz Republic. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

The proposed IFC’s financing consists of a senior secured Kyrgyz Som (KGS)-denominated loan of up to US$20 million equivalent (the IFC Loan) to Adal Azyk LLC (AA or the Company), the largest sausage producer and integrated poultry farm in the Kyrgyz Republic, an IDA country, with about 55% market share in the fast-growing Kyrgyz sausage market, and a highly competitive position in the country’s poultry market. The IFC Loan will help fund the US$33 million investment program aimed at expansion of poultry operations in 2024-2026, including construction of 48 broiler sheds, and a new feed mill (the Project). The Project will be implemented by Agro Kush LLC (AK), a subsidiary of AA. The Project is expected to be supported by the IDA PSW Local Currency Facility (IDA PSW LCF) as described in the Blended Finance Section.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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