# Ak Hünji plans new production unit with EBRD loan

The European Bank for Reconstruction and Development granted Ak Hünji a US $1.8 million loan in April 2020. The project envisages construction of a new production unit and purchase of polystyrene extrusion machines from Italy, enabling annual production of 1,200 linear meters of finishing materials.

- Type: Investment
- Announced: 2020-04-01
- Where: Turkmenistan
- Value: $1.80M
- Status: announced
- Capacity: 1,200 linear meters per year
- Products: polystyrene finishing materials
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ak Hünji](https://endata.com/companies/47388.md)
- [European Bank for Reconstruction and Development](https://endata.com/companies/20727.md) (investor)

## Sources

- [turkmenistan.gov.tm](https://turkmenistan.gov.tm/en/post/14387/ak-hunji-puts-new-business-ideas-into-practice), 2020-05-20: "This April, the European Bank for Reconstruction and Development granted the firm a loan of US $1.8 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.