Kazakh grain company gets EBRD investment boost
2012-04-04 12:27:07
As global grain prices continue to climb, the European Bank for Reconstruction and Development (EBRD) has become the first international financial institution to invest directly in a primary agricultural company in Kazakhstan.
In a week when European wheat prices hit a nine-month high, the EBRD announced a US$45 million equity investment in Kazakh grain producer KazExportAstyk (KEA), paving the way for a major production boost.