Agrofusion to build tomato paste plant processing plant for USD 50mln

The vertically integrated agricultural Agrofusion will take USD 15mln loan from the EBRD to build tomato processing plant to total USD 50mln of investments, the EBRD reports. The plant will be located in Gola Pristan in Kherson region. The EBRD facility will pay for the equipment and some of the construction costs. It is the third tomato paste processing facility of Agrofusion. At this, the final decision on the loan must be endorsed by executive board of the EBRD on December 14. Agrofusion works closely with the regional state administration in choosing land parcel for the erection of the plant in a city of Gola Pristan, confirmed government executive of Kherson region Andrey Gordeev.