China Railway № 5 paid a bank guarantee in the amount of 20 percent of the project cost on reconstruction of Bishkek —
It is noted that the Ministry of Transport and Roads of Kyrgyzstan received a message from the Kyrgyz Investment and Credit Bank (KICB). It says that the account in the Bank of China (
KICB reported that if the Ministry of Transport puts the guarantee demand, the bank will give it to the Bank of China through the international interbank information transmission system.
It should be noted, that the transfer of a bank guarantee of China Railway № 5 was the main condition for the company’s win in the tender for the reconstruction of Bishkek —