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Kazakhstan eyes supporting wholesale distribution centers creation in Kyrgyzstan

Business Materials 2 April 2021 23:14 (UTC +04:00)

BAKU, Azerbaijan, Apr. 2

By Nargiz Sadikhova - Trend:

Kazakhstan’s Prime Minister Askar Mamin and Prime Minister of Kyrgyzstan Ulukbek Maripov discussed the possibility of creating wholesale distribution centers in the Chui and Issyk-Kul regions of Kyrgyzstan, Trend reports citing the press office of the government.

The topic was discussed during the IX meeting of the Intergovernmental Council following the opening ceremony of the Korday - Ak Zhol modernized checkpoint on the state border of the two countries.

The project for wholesale distribution centers construction is to cost a total of $25 million of investment and their transshipment capacity is to be 26,000 tons per year.

During the meeting, the parties also discussed the prospects for creating a joint Center for Cross-Border Trade Alatau at the checkpoint Karasu - Ak Tilek.

Placement of modern warehouses for fruit and vegetable products, as well as certification bodies, sanitary and phytosanitary control, which will contribute to the development of cooperation in the processing of agricultural products is planned at the Center. The creation of an industrial zone at the Center for the development of industrial cooperation between Kazakhstan and Kyrgyzstan is also planned.

Mamin also emphasized the importance of building up investment cooperation between the two countries within the EAEU through the implementation of large-scale end-to-end integration projects aimed at strengthening cross-border ties in infrastructure, transport, industrial cooperation, as well as strengthening food security.

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