The amount of EBRD
investments in Kyrgyzstan has reached 508 million euros.
will focus on investments in the financial sector, energy, privatisations and providing finance to projects of individual companies.
This experience is relevant not only to the expanding region of operations of the EBRD
to reduce the impact of rising energy prices and to boost the competitiveness of enterprises, but to the scaling-up of financing to address climate change".
Mr Freeman added that EBRD
continues to face strong demand from its private sector clients, and is likely to finish the year with a total business volume approaching e1/49 billion.
It would have to ensure that the EBRD
would not require additional capital contributions from shareholders and that such a move should not compromise the scope and impact of the bank's operations in the existing recipient countries," the EBRD
Supporting the development of the private sector is one of the EBRD
s key priorities in Turkmenistan and we are pleased to launch this new facility that will increase the levels of financial intermediation in the country s banking sector and will bring new sources of finance to small and medium-sized businesses , said Olivier Descamps, EBRD
Managing Director for Turkey, eastern Europe, Caucasus and Central Asia.
So, besides the money from the clearing debt from Russia, agreed to be used for this purpose, the main part of the money for the gasification project will be provided by EBRD
revised its projections for average year on year growth for 2010 up to 2.
To date the EBRD
has committed close to 450 million euros to the Latvian economy in various projects in the financial, corporate, energy and infrastructure sectors.
President Thomas Mirow said: "Our involvement in this project has given the EBRD
a unique opportunity to provide real support to the rail sector reforms being carried out by RZD and the Russian government.
To Provide Climate Change Advisory and Implementation Services for the EBRD
During the signing ceremony in Limassol, Sue Barrett, EBRD
Director for Transport, said: We are proud to sign our first transport loan in Cyprus with Interorient Shipmanagement to support the expansion of the company s ship management services.