APU Dairy is the second-largest domestic producer of dairy products in Mongolia

The European Bank for Reconstruction and Development (EBRD) supports Mongolia’s agribusiness sector with a US$ 20 million loan to APU Dairy, a major domestic dairy producer. The loan, complemented by up to US$ 2 million in concessional financing from the Canadian Government, will help APU Dairy expand its processing plant, acquire new equipment, and improve milk sourcing. A parallel loan from the Asian Development Bank (ADB) also supports the investment. The project aims to enhance the climate resilience of over 1,700 local farmers and assist small-scale yak herders in improving productivity. Technical assistance for climate-smart farming practices will be provided by Canada and the Food and Agriculture Organization of the United Nations (FAO). The EBRD has invested over €2.4 billion in Mongolia through 150 projects, nearly 90% directed to private-sector companies.

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