Administration of Equity Investment in E Green Global Co. Ltd.: Report and Recommendation of the President

Reports and Recommendations of the President | September 2021

E Green Global Co. Ltd. (EGG) is an agricultural technology (agritech) company that has built the world’s first mass production platform for successfully commercializing non-genetically modified, high-quality virus-free potato microtubers (MCTs). EGG’s mission to strengthen food security through less resource-intensive potato farming practices aligns with ADB’s operational priorities (OPs) of accelerating progress in gender equality, promoting rural development and greater food security; and tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability in Asia and the Pacific.

The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.

This document dated September 2021 is provided for the ADB regional project 55272-001.