20:20 23-10-2014
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
IFC helps Kyrgyz producers improve food safety practices

Bishkek (AKIpress) - food safety IFC, a member of the World Bank Group, is helping Kyrgyz producers improve food safety practices to spur agribusiness growth and greater investment in the agricultural sector, a key engine of the country’s economy.

IFC brought together over 50 food businesses, industry experts, and government officials to learn international best practices in food safety on April 11. The kick-off workshop highlights the importance of food safety management systems, and how good food safety practices help companies strengthen their market positions and achieve notable results.

Employing a third of the workforce, agriculture plays a vital role in the Kyrgyz economy, yet still offers great potential for growth and investment. Improving food safety is not only important for public health, but also for the growth of the agribusiness sector, since it provides companies an opportunity to grow and enter regional and global markets.

“Knowledge sharing is important for local companies as the number of companies introducing internationally recognized food safety management systems is growing,” said Natalia Tsoi, Director of Quality at Ak Bata Limited. “Implementation of good food safety practices is an integral part of company development, helping them cut costs, become more competitive, and add new export markets.”

Martin Naegele, IFC Country Officer, said: “We are expanding our advisory work on food safety in the Kyrgyz Republic. This work builds on our experience with agribusiness firms in the region, where we have seen that internationally recognized standards open new opportunities for growth and investment.”

Supported by the Austrian Finance Ministry, IFC’s advisory work on food safety has helped attract more than $156 million of investment in over 80 IFC clients in Europe and Central Asia, generating $323 million in increased sales, in addition to greater efficiency and cost savings and improved waste and risk management and brand value.


Twitterfacebookprint
11:44 12.04.2014
LATEST NEWS
18:16 Kyrgyz Economy Ministry considers possibility of tax exemptions for investors in processing industry18:05 Approved nominee for Energy Minister promises to bring Kyrgyzstan out of energy crisis17:45 Tajikistan condemns Western policy of sanctions against Russia17:44 Tesco chairman resigns after accounting scandal17:37 Parliament of Kyrgyzstan approves nominee for Minister of Energy and Industry17:31 Bishkek authorities mull introduction of monorail17:28 Tajikistan, Russia resolve all issues – Russian State Duma Speaker17:18 Kyrgyzaltyn in talks with investors concerning construction of gold bearing ore processing plant17:15 Doctor says Michael Schumacher improving, but recovery to take years17:12 Total amount of Tajik bank deposits 17.9% up in January-September 201417:06 Kazakhstan and Japan to sign investment deal - PM17:02 Commercial banks have no right to restrict sums of foreign exchange, says Kyrgyz National Bank16:59 Kyrgyzstan bids for ITU Council membership16:56 Talas region yields beans this year much less than before16:55 Three Uzbek citizens detained in Batken region for attempt to cross border illegally16:38 Delegation of Tajik ruling party leaves for China16:32 Israel's Netanyahu accuses Abbas over Jerusalem car attack16:29 National Bank of Kyrgyzstan sells biggest sum of dollars in 2014 to support som rate over 17 years16:22 Legislative Chamber of Uzbek Parliament passes public budget for 201516:22 Chinese company starts oil and gas exploration in Leilek district
Astana
+8° C
Ashgabat
+22° C
Bishkek
+18° C
Dushanbe
+19° C
Tashkent
+17° C
exchange rates
 
71.14
56.07
9.04
1.37
229.75
180.99
29.59
4.42
6.33
4.99
0.78
0.12
3084.28
2367.40
385.74
61.13
3.62
2.85
0.47
0.07

© AKIpress News Agency - 2001-2014
Use of the AKIpress.com materials must be accompanied by a hyperlink to www.akipress.com
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75