Baku, Azerbaijan, Dec.3
By Leman Zeynalova – Trend:
German Investment Corporation (DEG) is ready to invest in more spheres of economy in Central Asian countries, DEG told Trend.
DEG said it is an active investor throughout Central Asia’s major economies (Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan).
“Our current portfolio comprises around 50 million euros and consists of investments in private SME-banks, local companies and subsidiaries of European companies. Further potential offers investments into local market leaders in manufacturing and services and exporting businesses,” said the company.
Infrastructure, healthcare and financial institutions with SME focus are further promising industries, according to German Investment Corporation.
For 55 years DEG, a subsidiary of KfW, has been a reliable partner to private-sector companies operating in developing and emerging countries. It provides them with long-term financing and promotional programs, and advise them as they implement their investments. As a development finance institution, DEG deliberately enters difficult markets as well, and promotes private sector expansion there.
DEG provides companies with long-term investment capital in the form of loans or equity, which is often difficult to obtain in developing countries.
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