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EBRD co-finances new flour mill in southern Kyrgyz Republic

EBRD and KICB, its local partner bank, support expansion of Elnur Dan to Jalalabad A new flour mill will be built in the south of the Kyrgyz Republic thanks to a four-year loan of US$ 4 million being provided jointly by the EBRD and the Kyrgyz Investment and Credit Bank (KICB) to Elnur Dan LLC, a private firm established in 2004, which is currently the country's third largest flour producer and a long-standing client of KICB. Flour is the single most important food for the Kyrgyz Republic's population of nearly 5.8 million people; 38 per cent of the local diet is based on flour in some form.
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