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EBRD helps Indorama introduce advanced cotton farming technologies in Uzbekistan

EBRD helps Indorama introduce advanced cotton farming technologies in Uzbekistan EBRD helps Indorama introduce advanced cotton farming technologies in Uzbekistan Introduction of new farming technologies Parallel loan by IFC, support by FINTECC The European Bank for Reconstruction and Development (EBRD) is supporting the modernisation of agriculture and enhanced economic opportunities for the local population in Uzbekistan with a financing package of up to US$ 70 million to Indorama Agro (Indorama). The package will consist of a US$ 60 million capital expenditure loan and a US$ 10 million working capital loan in Uzbek sum equivalent. It will support the operations of Indorama, an established cotton industry player engaged in rotational crop farming, a systematic approach to selecting locations and cycles of crop planting.

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