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Tengiz Bolturuk appointed head of National Holding Company

Tengiz Bolturuk was appointed the head of Heritage of Great Nomads National Company. The head of the Cabinet of Ministers of Kyrgyzstan Akylbek Japarov told at a press conference.

According to him, the budget of the company will be 10-15 billion soms.

«The budget has been approved, work will start soon,» Akylbek Japarov said.

The decision to create the holding was made to fulfill presidential decree No. 5 dated January 29, 2021 on the issues of reforming the mining industry in Kyrgyzstan. One of the main goals of establishing a new holding is to create a large integrated structure that can maximize the concentration of available state resources for implementation of projects in the field of subsoil use and related sectors of the economy using international experience.

The Ministry of Finance is the founder of Heritage of Great Nomads National Holding Company.

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