Eurasia Group CA (IFC-49607)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Kazakhstan
  • Kyrgyzstan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Astana, Almaty, Pavlodar (KZK); Bishkek (KGZ)
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 15, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Eurasia Group AG
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 33.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 33.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 38.80 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Media Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Dec 12, 2025

Disclosed by Bank Nov 14, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the IFC, the proposed IFC investment is a loan of up to US$33 million (M) to two subsidiaries of Eurasia Group AG, a Switzerland-based company (EG AG, the Guarantor), namely Eurasia Group Kazakhstan LLC (EG KZ) and Eurasia Group Kyrgyzstan LLC (EG KG). The Guarantor distributes and services John Deere and other western-made agricultural machinery through its subsidiaries in Kazakhstan and the Kyrgyz Republic. The proposed financing to EG KZ and EG KG (together, the Companies) will be for the construction of three service centers in Astana, Almaty and Pavlodar in Kazakhstan and one service center in Bishkek, Kyrgyz Republic (the Project). The four service centers will allow the companies to support local farmers and agricultural production in both countries through distribution and maintenance services of agricultural machinery.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

According to the IFC, the total Project cost is estimated at up to US$38.8 million, which will be primarily funded by the IFC Loan of up to US$33 million, with the remaining US$5.8 million to be financed through the Group’s internal cash generation.  

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by the IFC, founded in 1998, EG AG’s subsidiaries - Eurasia Group Kazakhstan LLC (100% owned through the intermediate holding company MEGAS Invest LLC) and Eurasia Group Kyrgyzstan LLC (99.99% owned) - are the exclusive dealers of John Deere and distributors of other premium-brand agricultural machinery in Kazakhstan and the Kyrgyz Republic. EG AG is 100% owned by the Swiss-based holding company Eurasia Swiss Holding AG.  

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Eurasia Group AG Client Agriculture and Forestry

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Client - Eurasia Group Kazakhstan LLC:

Tilek Bekbasarov - CFO
Phone: +7 777 936 11 11
Email: tilek.bekbasarov@eurasia.kz / info@eurasia.kz  
Address: Kazanat str. 1/1, 4th floor, 010000, Astana, Kazakhstan

General IFC Inquiries - IFC Communications:

Address: 2121 Pennsylvania Avenue, NW, Washington DC 20433
Telephone: +1 202-473-3800
Fax: +1 202-974-4384

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

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How it works