The International Finance Corporation (IFC) has provided a USD 3 million loan to SLCM Limited, a Yangon-based agri-logistics firm. According to a report in Dealstreet Asia, IFC said that the loan will be part of its Global Agriculture and Food Security Program. It will be used to expand the company’s warehousing facilities and services in Myanmar. “We have replicated our best practices and expertise in agriculture warehousing domain in Myanmar,” Sandeep Sabharwal, SLCM’s CEO was quoted as saying. “In the past five years we have been able to reduce post-harvest losses to 0.5 percent in the country, thus helping every player in the farm-to-market chain”. Since 2013, IFC has invested USD 1.3 billion in companies in Myanmar, with one of its key areas being agribusinesses.