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Asian Development Bank ready to help Kyrgyzstan with energy security

Kyrgyzstan Materials 17 September 2014 11:42 (UTC +04:00)
Ensuring Kyrgyzstan’s energy security is one of the priorities of the government today, Kyrgyz Prime Minister Djoomart Otorbaev said during the meeting with the Asian Development Bank (ADB) Vice-President for Operations Wencai Zhang.
Asian Development Bank ready to help Kyrgyzstan with energy security

Baku, Azerbaijan, Sept. 17
By Aygun Badalova - Trend:

Ensuring Kyrgyzstan's energy security is one of the priorities of the government today, Kyrgyz Prime Minister Djoomart Otorbaev said during the meeting with the Asian Development Bank (ADB) Vice-President for Operations Wencai Zhang, Kabar news agency reported on September 17.

"We need to reform the energy sector, in particular the urgent rehabilitation of production objects and electricity transmission is needed," said Otorbaev.

"We know that ADB has successful experience in Georgia and Azerbaijan in assisting in the management of the energy sectors and increasing its efficiency," he said.
The PM also drew attention to the reform of the management of state property and private sector financing at preferential rates.

He also stressed that Kyrgyzstan is implementing National Strategy on the country's sustainable development for 2013-2017 and welcomes ADB's intention to support the country in energy sphere within the Partnership Strategy.

Wencai Zhang stressed that ADB hopes that it will help to effectively implement priority programs, increase macroeconomic stability of the country, increase competitiveness and economic diversification.

"We appreciate our partnership and we will use every opportunity to support the strategic priority directions of the country's development," said Wencai Zhang.

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