TAJIK COTTON
July 1st, 2004
Keith Nuthall
A JOINT-STOCK company boosting cotton production in central Asia's Tajikistan will receive a US$500,000 loan from the International Finance Corporation (IFC), of the World Bank. The loan will help SugAgroServ (SAS), increase yields, reduce debt, and - hopefully - double its land from 1,500 to 3,500 hectares. The company has been profitable since being formed in 2002 by 365 growers, again with IFC support.
A JOINT-STOCK company boosting cotton production in central Asia's Tajikistan will receive a US$500,000 loan from the International Finance Corporation (IFC), of the World Bank. The loan will help SugAgroServ (SAS), increase yields, reduce debt, and - hopefully - double its land from 1,500 to 3,500 hectares. The company has been profitable since being formed in 2002 by 365 growers, again with IFC support.
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