14:11, 16 августа 2023, Bishkek - 24.kg news agency , Tatyana KUDRYAVTSEVA
The Cabinet of Ministers of Kyrgyzstan adopted a resolution on transfer of land for the construction of a new «White House» on the site of the demolished Issyk-Kul hotel. The document was signed by Akylbek Japarov on August 4, 2023.
The Cabinet of Ministers decided to accept land plots located in Bishkek at the following addresses into state ownership:
In addition, the Department of Presidential Affairs must determine the market value of land plots located in Bishkek at the following addresses:
The Department of Presidential Affairs was instructed to sign an agreement with the contractor — Inshaat Stroi Building LLC on the construction of an administrative building of the presidential administration for an amount equivalent to the market value of the land plots.
It means that the contractor will receive ownership of almost 26 hectares of land in the southern part of the capital in exchange for the ongoing construction work.
At the same time, it is noted that in case the cost of work on the construction of the facility exceeds the market value of the land plots, the Department of Presidential Affairs must find funds to cover the difference to complete the construction of the facility. If the plots cost more than the company spends on building the new White House, then Inshaat Stroi Building will pay the difference.