According to the Bank's website, the project provides funding to the Economic Society Bir Dunya to finance the the expansion of the existing production of Big Bags through the purchase of additional equipment.
The loan will finance working capital needs and allow the company to purchase and install ventilation and air conditioning equipment in the production facility and the administrative building.
Economic Society Bir Dunya is a limited liability company established and operating in Turkmenistan, is one of the leading logistics and transportation companies in the country. The Company provides logistics and transport services to local and foreign companies transporting cargo and trade products to and from Turkmenistan via the Caspian Sea, Central Asia, Persian Gulf and other regions, as well as within the country. In 2017, the Company added Big Bags ("BB") production to its business activities with a maximum effective capacity of 300,000 units per year.
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