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SEF Altyn-Ajydar III

Sector: Water Supply and Storage • Location: Kyrgyz Republic

Source: International Finance Corporation (IFC)

Project
Completed

_x000C_Altyn-Ajydar, located in Bishkek, was set up in 1995 and has been a long-term IFC client since the late 1990s. IFC provided loans in 1999 to finance the modernization and expansion of the company’s cardboard packaging facility and in 2005 to set up a new corrugated packaging line. Altyn-Ajydar’s management has currently identified strong demand for construction materials in Kyrgyzstan and

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The project “SEF Altyn-Ajydar III” is an infrastructure initiative in the Water Supply and Storage sector, located in Kyrgyz Republic. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Description

Description

_x000C_Altyn-Ajydar, located in Bishkek, was set up in 1995 and has been a long-term IFC client since the late 1990s. IFC provided loans in 1999 to finance the modernization and expansion of the company’s cardboard packaging facility and in 2005 to set up a new corrugated packaging line. Altyn-Ajydar’s management has currently identified strong demand for construction materials in Kyrgyzstan and Kazakhstan due to the long-term growth potential of the construction industry in both countries. The company has approached IFC to assist in the financing of a $3.0 million project to diversify its activity into aluminum. The purpose of the project is to establish production lines for aluminum composite panels and tempered glass/double-glazed window/PVC window frame and stained glass units.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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