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Kyrgyz Republic - Agribusiness and Marketing Project : restructuring : Main report (English)

The development objectives of the Agribusiness and Marketing Project for Kyrgyz Republic will be to expand the level of activity of processing, marketing, and trade enterprises downstream the farm-gate, to increase the number, and economic importance of producer organizations, and to build trade linkages between producers, and primary and secondary level trade organizations. The closing date for project will be extended from December 31, 2011 until June 30, 2012. The project continues to achieve good results. Most of the outcome indicators have been already achieved, and the remaining ones continue to be achievable. The project has assisted 44 agro-processing enterprises with improvement of technological processes, marketing, sales, and financial management and accounting. Profits in the different client companies have increased by 25 percent - 91 percent, and sales by 15 percent-169 percent in different years. 109 trade deals (41,770 tons of products for US$14.7 million) have been facilitated, of which 92 percent went to export markets. Under the credit line, 93 sub-loans have been extended in the total amount of US$6.05 million, with overall investments in the agribusiness sector generated through the credit line reaching US$10 million. The project's financial management is rated satisfactory. The audit reports for 2010 with an unqualified (clean) opinion and the accompanying project financial statements were received on time and were acceptable to the Bank.

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Kyrgyz Republic - Agribusiness and Marketing Project : restructuring : Main report (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/233141468047046133/Main-report