Kyrgyzstan, EBRD Discuss Key Transport Projects


(MENAFN- Trend News Agency) BISHKEK, Kyrgyzstan, July 26 . Kyrgyzstan and the European bank for Reconstruction and Development (EBRD) have discussed major transport initiatives, Trend reports.

Kyrgyzstan's acting Minister of Transport and Communications, Absattar Syrgabaev, met with a delegation from the EBRD led by Ayten Rustamova, the Regional Head for Kyrgyzstan, Tajikistan, and Turkmenistan.

One significant topic was the completion of all necessary procedures for the financing agreement of the Balbay Baatyr - Karakol road reconstruction project, valued at 56.5 million euro. The next steps involve selecting a consulting engineer and a contractor for the project.

The discussions also covered two other major projects: the reconstruction of the northern bypass road around Bishkek and neighboring areas in the Chuy region, and the reconstruction of the Kara Balta-Chaldovar road.

The ministry confirmed its commitment to move both projects forward at the same time, even though there are some temporary challenges with acquiring land for the northern bypass. They are working closely with the Bishkek City Administration to resolve these issues.

Additionally, the meeting touched on a $12 million project aimed at enhancing climate resilience for the Kyrgyz Railway national company's infrastructure. Upcoming actions include finalizing tender documentation and procedural approvals.

The parties agreed to schedule a follow-up meeting with the head of the EBRD Advisory Services Program in Central Asia and Mongolia, Simone Zeh Atanasovski, to further discuss the issues raised.

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Trend News Agency

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