Indorama Agro Capex Loan

complete

This project involves the provision of two loans of up to US$70 million, in aggregate, to FE Indorama Agro LLC (“Indorama Agro” or “the “Company”) to support its capital expenditure and working capital needs.  The Project aims to support significant private sector investment in Uzbekistan through the recently-created cotton/textile clusters.  In 2019, the Company started growing cotton in the Kashkadarya and Syrdarya regions of Uzbekistan. The Company's activities involve two cotton farming schemes: direct farming by Indorama Agro and contract farming by independent that engages local farmers to grow and deliver cotton to Indorama Agro under contract with the Company where by the Company pre-finances the farmers.  In accordance with the EBRD’s Environmental and Social Policy the project was categorised “A” requiring the undertaking of a comprehensive Environmental and Social Impact Assessment (ESIA), and public disclosure of the ESIA and associated documents for a minimum period of 60 days. There is a Project Summary Document available for this project. 1. ESIA 2. NTS 3. SEP 4. ESAP 5. ESMP 6. LRP 7. Water Study: Executive Summary Download in ZIP format: Uzbek | English Interim package ESIA documentation will be available online: http://www.indorama-agro.com/news.php  When COVID-19 restrictions are lifted, the full ESIA documentation will also be available locally at: FE Indorama Agro LLC Tashkent office Mr. Amit Jain Tel: +998 909 630 155 Email: amit.jain@indorama.com 11/1 Amir Temur Avenue, Mirobod district 100100 Tashkent Republic of Uzbekistan And Karshi office Mr. Ravshan Tadjiev Tel: +998 905 066 863 Email: rtadjiev@indorama.uz And JSC Kasbi Paxta Tozalash Muglon, Qashqadaryo Region Republic of Uzbekistan And Syrdarya office Mr. Jasur Khusankhodjaev Tel: +998 998 212 000 Email: jkhusankhodjaev@indorama.uz And Sardoba Gin, Sardoba city Oqoltin district, Gulistan-Gagarin Main Road Zip code 120500 And EBRD Resident Office in Tashkent Tel: +998 78 140 44 00 3th floor, Banking Association of Uzbekistan 1,Qoratosh Street, Tashkent, 100027 Uzbekistan Environmental, social or general enquiries: Ms. Khusnora Tukhtapulatova 11/1 Amir Temur Avenue, Mirobod District 100100 Tashkent Republic of Uzbekistan Tel: +998 71 2332264 Fax: +998 71 2332270 Email: Info@indorama-agro.com  www.indorama-agro.com