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China to allocate 450 million yuan to Kyrgyzstan

The governments of Kyrgyzstan and China signed an agreement on technical and economic cooperation in Bishkek, which provides for the allocation of 350 million yuan as a grant aid. The press service of the Ministry of Economy of the Kyrgyz Republic reported.

The funds are intended for the implementation of «Development of street-road network of Bishkek» project, aimed at reconstruction and rehabilitation of the capital’s roads.

An agreement on technical and economic cooperation for the implementation of the project «Research, conservation, restoration and museumification of archaeological sites (Kum-Dobo, Mynakeldi settlements and Burana)» was also signed. China will provide a grant of 100 million yuan for the work.