📋 Tender Overview
Project ID: 55500
Status: Approved
Location: Kazakhstan
Business Sector: Food and Agribusiness
Notice Type: Private
Environmental Category: B
Approval Date: 21 Oct 2025
Disclosure date: 21 Oct 2025
Project Description
The transaction envisages the provision of a long-term loan secured loan of up to €25 milion to Orzax Central Asia LLP, a newly created subsidiary of ORZAKS ILAC VE KIMYA SANAYI TICARET ANONIM SIRKETI, a joint stock company organised in the Republic of Turkey, for the construction and putting into operation a food supplement production plant in Kazakhstan.
Project Objectives
The proceeds of the Bank's investment will be used for the construction, procurement of equipment and putting into operation of a new plant for the production of food supplements in the Turkistan region, Kazakhstan.
Transition Impact
ETI score: 63
Green: The Borrower is a subsidiary of the Group from Turkey which will invest in the construction of a brand-new food/dietary supplements production facility in Kazakhstan. The project entails investment of US$ 41m for the development of a modern production facility. As part of the project, Orzax has committed to implement various sustainability measures for improved energy efficiency of the building, targeting to achieve EPC class B for its new production facilities. By achieving EPC B rating, the building will have enhanced sustainability performance as compared to peer buildings in the country, where the minimum compliance level is EPC C rating. As such, the project qualifies for 100 per cent GET.
Inclusive: The Project broadens access to market-relevant skills and training opportunities, boosting the supply of human capital with demonstrably moderate need and robust effectiveness. The Project also delivers inclusive business policies, practices or standards at the client level with verifiable commitment within 3 distinct behavioural change areas
