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EDB considers implementing several projects in Kyrgyzstan

Kyrgyzstan Materials 8 August 2022 11:22 (UTC +04:00)
EDB considers implementing several projects in Kyrgyzstan
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, August 8. Eurasian Development Bank (EDB) is considering implementing projects worth $100 million in Kyrgyzstan, said Chairman of the EDB's Management Board Nikolay Podguzov, Trend reports via vb.kg.

According to him, the EDB and Kyrgyzstan had already adopted a cooperation strategy, agreed with the Cabinet of Ministers of Kyrgyzstan.

"Currently, we are actively working on the project to create a data processing center. There are also a number of projects to establish logistics complexes. In addition, we review several projects for mini-hydropower plants and large stations", Podguzov said.

He also said that in May 2022, the EDB signed an agreement with Aiyl Bank, providing financing for the development of small and medium-sized businesses in Kyrgyzstan.

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