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Contracts for $500 million signed at Russian-Kyrgyz Forum

At least 20 documents on the implementation of investment projects worth $500 million were signed following the results of the Russian-Kyrgyz Investment Forum in Osh city. The Chairman of the Board of the Russian-Kyrgyz Development Fund (RKDF) Artem Novikov announced.

According to him, there are projects where capsules have already been laid and construction has begun. This is a project for the construction of a plant for the production of aerated concrete and two social facilities in Batken region.

A future contract for $50 million is being worked out for the construction of a five-star hotel in Issyk-Kul. «We hope that we will be able to start its practical implementation next year. Agreements were signed on the construction of solar power stations, supply of high-quality Russian equipment for the railway, passenger buses for the Osh City Hall,» Artem Novikov said.

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