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🇰🇬 Kyrgyzstan /Energy & Infrastructure

OPEC Fund to Support Priority Projects in Kyrgyzstan

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

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  • Kyrgyzstan's Finance Minister met with the Director-General of the OPEC Fund for International Development in Baku.
  • They discussed potential financing for Kyrgyzstan's priority projects in transport, energy, agriculture, and irrigation.
  • Key projects discussed include the Kambaratinskaya HPP-1 dam, a national irrigation program, and the Bishkek-Torugart road reconstruction.

Kyrgyzstan is seeking financial support from the OPEC Fund for International Development (OFID) to advance its key development projects. The country's Finance Minister, Ruslan Suinaliev, met with OFID Director-General Abdulhamid Al-Khalifa in Baku during the Islamic Development Bank Group's annual meeting.

The discussions focused on potential OFID financing for several priority sectors in Kyrgyzstan. These include crucial infrastructure developments in transport, energy, agriculture, and irrigation systems. Both parties expressed interest in strengthening their partnership and continuing dialogue on joint project implementation.

Specific attention was given to significant national initiatives. Among these are the proposed construction of the Kambaratinskaya HPP-1 hydroelectric power station, a national program aimed at improving irrigation, and the reconstruction of a vital road section on the Bishkek-Torugart route, specifically the Kant-Tokmok-Chym-Korgon segment.

DistantNews Editorial

Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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