In 2021, the European Bank for Reconstruction and Development (EBRD) approved two loans of USD 70 million, in aggregate, to Indorama Agro to support private sector investment in the cotton farming sector in Uzbekistan. The project promotes mechanised cotton harvesting and environmental and operational improvements. In addition, the company benefited from technical cooperation funds of up to EUR 150 000 to pay costs associated with the project’s environmental and social due diligence.
