Description

Provision of two loans of up to US$70 million, in aggregate, to FE Indorama Agro LLC to support its capital expenditure and working capital needs. The project will support a significant private sector investment into the cotton farming sector in Uzbekistan. It will promote mechanised cotton harvesting and bring significant environmental and operational improvements including: (i) land levelling and alternative irrigation systems to optimise water use; (ii) effective application of fertilisers; (iii) upgrades of water delivery and melioration systems; and (iv) improved crops stock management.