Kyrgyzstan
Financing a new production line at the Kant Cement Plant to reduce emissions
$63.7m
Project amount
$51m
EDB share
Project overview
Kant Cement Plant OJSC is one of the Kyrgyz Republic’s largest manufacturers. It produces four types of cement that meet international standards, employs around 800 people and supplies products used in major national infrastructure projects.
The project finances a new clinker firing line with capacity of 2,500 tonnes a day. Switching from wet to dry clinker production is intended to improve energy efficiency, reduce water use and air emissions, automate production and lower cement production costs.
Project goals and objectives
Contribution to the objectives of the EDB's 2022–2026 Country Strategy for the Kyrgyz Republic
Task 2
Diversifying the economy, stimulating exports and developing the private sector and entrepreneurship.
Priority 2.1
Supporting the establishment and growth of industrial enterprises in the country and increasing their export potential.
Development impact
~
$7
m
additional annual output in Kyrgyzstan's economy
388
k tonnes
annual reduction in greenhouse gas emissions
300
jobs
created through the project
2.5
k tonnes
daily cement production capacity of the new line
Sustainable development goals:
Cross-country cooperation
Cross-country
cooperation
Strengthening trade and economic cooperation
Development of a single financial market for the Bank's member states
