EBRD PLANS INVESTMENTS INTO KAZAKH BEER SECTOR
March 1st, 2007
BY KEITH NUTHALLNATURAL gas-rich Kazakhstan's increasing thirst for beer has helped prompt European Bank for Reconstruction and Development (EBRD) plans to lend around US$40 million in local currency (Kazakh Tenge 5.2 billion) to a leading local beer producer. The money would assist Efes Karaganda Brewery JSC in boosting brewing capacity, infrastructure facilities and marketing departments at existing plants in Almaty and Karaganda. An EBRD memorandum said: "The investment programme will help satisfy increasing beer demand in Kazakhstan and will help Efes to ...
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