IFC to finance $25m in City Mart’s $46m retail expansion in Myanmar

IFC to finance $25m in City Mart’s $46m retail expansion in Myanmar

Visual of the company website

World Bank’s private lending arm, the International Finance Corporation (IFC), will be investing $25 million in the form of long-term debt to fuel Myanmar-based privately-held City Mart Holdings Limited’s (CMHL) $46-million retail expansion plans, according to an investment disclosure by IFC.

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