EBRD supports expansion of APU Dairy
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