DFF - Coffee KZT (EBRD-55538)

Countries
  • Kazakhstan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Khorgos Free Economic Zone
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
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
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
Oct 29, 2024
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
Empire Manufacturing Kazakhstan LLP
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)
$ 20.00 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)
$ 25.00 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.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Dec 10, 2025

Disclosed by Bank Nov 13, 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 Bank’s website, the project consists of the provision of a loan of up to US$ 10m to finance the Empire Manufacturing Kazakhstan (EMK) working capital needs, as an addition to the existing capital expenditure loan (as described below). The existing capital ependiture loan was signed in February 2025. The proceeds were used to finance the construction, equipment and placing into operation of the new plant in Kazakhstan.

The proceeds of the Bank's investment will be used for the construction, equipment and placing into operation of the new plant of EMK to be located in Khorgos Free Economic Zone, Kazakhstan, and financing of working capital needs, including repayment of intragroup loans used by EMK for working capital needs.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Categorised B (2019 ESP). The project involves the construction of an instant coffee mix production plant in Kazakhstan, located within an approximately 10-hectare area inside a larger special economic zone. The manufacturing process is not energy intensive as it does not involve a processing of any raw materials and only includes mixing already prepared ingredients such as instant coffee, non-dairy creamer, and sugar, followed by a packaging process inside the plant.

The E&S impacts associated with the construction phase include traffic increase, noise, dust, and vibration, which will be mitigated by the fact that the project site is located inside the industrial zone away from any sensitive social receptors as well as through implementation of the standard mitigation measures.

The Project site is not located near any residential areas, but due to construction related impacts, proximity to other businesses and industrial nature of the project, an emergency response plan will need to be developed in close cooperation with the SEZ authorities. 

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

Provision of a loan of US$ 20m.

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.

Empire Manufacturing Kazakhstan LLP is a newly created company, established under the jurisdiction of the Republic of Kazakhstan, with the purpose to build an instant coffee mix production facility in Kazakhstan.

EMK is a subsidiary of SGX Mainboard-listed Food Empire Holdings Limited, a multinational food and beverage manufacturing and distribution group headquartered in Singapore. With a portfolio spanning instant beverages, snack food, and a growing presence in food ingredients, Food Empire's products are sold in over 60 countries across North Asia, Eastern Europe, South-East Asia, South Asia, Central Asia, Middle East, and North America. 

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Empire Manufacturing Kazakhstan LLP Client -

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.

Askar Mukushev
info@foodempire.kz
+7 (727) 391-10-10
+7 (727) 293-32-93
www.maccoffee.kz
041322, Kazakhstan, Zhetysu Region, Panfilov District, Penzhim Rural District, Penzhim Village, Uchetniy Kvartal 85

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html

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How it works