Kyrgyzstan, Kazakhstan reach agreement on investment fund
Azerbaijan, Baku, Feb.22 /Trend, V. Zhavoronkova /
Kazakhstan and Kyrgyzstan have agreed to speed up the establishment of an investment fund to finance joint projects, the Kyrgyz government said on Wednesday.
During a two-day visit to Kazakhstan, Kyrgyz Prime Minister Omurbek Babanov held talks on this matter with the head of the JSC National Welfare Fund of Kazakhstan Samruk-Kazyna, Umirzak Shukeyev.
Both sides discussed the implementation of joint Kyrgyz-Kazakh projects. Mr Shukeyev thanked Mr Babanov for his personal involvement. In turn Mr Babanov expressed confidence in boosting mutually beneficial cooperation between the Kyrgyz government and Samruk-Kazyna Fund structures.
He also expressed interest in becoming a third partner together with Russia in the construction of the Kambar-Ata HPP-1, as well as take part in the construction of a thermal condensation power plant at the Kara-Keche coal deposit.
In addition, the Kazakh side expressed its willingness to participate in the implementation of a project for the construction of interstate 500- kW high-voltage lines Kemin-Almaty which connects to the Datka-Kemin power line.
Following the meeting priority areas such as energy, water and gas were discussed.