Financing Yeremyan Group Projects in Agriculture and Food Industry
20 YEARS EDB Analytics News and Events Contacts
About Us
What We Do
Investors
Work With Us
РУС EN 中文
20 YEARS EDB Analytics News and Events Contacts
info@eabr.org
Armenia

Financing Yeremyan Group Projects in Agriculture and Food Industry

Financing type:
Project finance
Year:
2022
$47.2mn
Project amount
$36mn
EDB share

Project overview

The project envisages the provision of funds for the implementation of investment activities aimed at the construction of a livestock complex, the organisation of crop cultivation and the development of agricultural production.

Project goals and objectives

Contribution to the objectives of the EDB Country Strategy for the Kyrgyz Republic for 2022–2026.

Task 3
Task 3.1

Development impact

$30 mn
annual increase in output to the economy of Armenia
1.4 %
increase in Armenia’s self-sufficiency in milk
7 %
contribution to milk import substitution
300 jobs
created during project implementation

Sustainable development goals:

Cross-country cooperation

Cross-country

cooperation

Strengthening trade and economic cooperation
Development of a unified financial market among the Bank's member states

News

EDB Updates the Eurasian Transport Network: 402 Projects Worth $345 Billion, with Another $100 Billion in the Pipeline

Second Phase of Mercury Logistics: EDB to Support Expansion of Largest Warehouse Hub in Almaty Region

EDB and Integrity Logistics to Build Class "A" Transport and Logistics Center in Alatau

Human Capital Becomes a Key Driver of Competitiveness in the Economy of the Future

EDB's New Scale: Record Investments, Geographic Expansion, and 700 Delegates from 44 Countries

Over 200 submissions and 7 winners: EDB announces the results of the EDB Media Awards

Agreements reached on developing tourism projects in Almaty

Investors Choose Predictability: EDB on What Drives and Hinders PPP in Eurasia
View all news
Financing Yeremyan Group Projects in Agriculture and Food Industry
Financing type:
Project finance
Financing type:
Private
Armenia
2022
$ 47.2 mn
Project amount
EDB share
Project overview

The project envisages the provision of funds for the implementation of investment activities aimed at the construction of a livestock complex, the organisation of crop cultivation and the development of agricultural production.

Project goals and objectives

Contribution to the objectives of the EDB Country Strategy for the Kyrgyz Republic for 2022–2026.

Task 3
Task 3.1
Development impact
$30 mn
annual increase in output to the economy of Armenia
1.4 %
increase in Armenia’s self-sufficiency in milk
7 %
contribution to milk import substitution
300 jobs
created during project implementation

Sustainable development goals:

Cross-country cooperation
Strengthening trade and economic cooperation
Development of a unified financial market among the Bank's member states