15:25, 12 августа 2020, Bishkek - 24.kg news agency , Maria ORLOVA
The City Hall of Bishkek signed a Memorandum of Understanding between the Asian Development Bank (ADB) and the Ministry of Finance of the Kyrgyz Republic on a project of electrification of urban transport. Press service of the Bishkek City Hall reported.
The financial capacity of the project is estimated at $ 58.9 million. ADB will provide for a credit line of $ 50 million, part of the amount — about $ 15 million — will be provided as a grant.
The main expenses are the purchase of electric buses, construction work and consulting services. As part of the project, consultants hired by ADB will draw up and prepare the technical design specifications for competitive applications for the purchase of electric buses.
The project itself consists of four stages:
The City Hall added that the reform of the public transport system is one of the strategic priorities outlined by the Mayor of the capital Aziz Surakmatov.