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The Investment Fund for Central and Eastern Europe (IO), a fund established by the Danish Government to support Danish investments in Central and Eastern Europe, is the co-financier of the agency line. IO provides equity, medium- and long-term loans, and guarantees on a commercial basis to promote economic, commercial, and industrial development in Central and Eastern Europe. IFC and IO will invest similar amounts in each project and expect combined investments to range from US$1 million to US$6 million for each project. Fifteen to twenty projects in the region are expected to benefit from the agency line. IFC and IO will jointly choose the projects based on the viability and soundness of the project proposals. Countries in common between IO and Eastagri Network are: Albania, Armenia, Azerbaijan, Bosnia and Herzegovina, Gerogia, Kyrgyzstan, Moldova, Tajikistan, Turkmenista and Uzbekistan.
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