BAKU, Azerbaijan, August 17. Kuwaiti Pace company and Kyrgyzstan signed a cooperation agreement on road reconstruction in Kyrgyzstan, Trend reports referring to the tazabek.kg.
Within the framework of cooperation, Pace will provide consulting services for the project of "Reconstruction of the Issyk-Kul ring road from Korumdu - Balbay Baatyr, km 104-184.5". The construction period is scheduled for 2023-2026.
The total cost of the project is $106 million, the financing of the Arab Coordination Group is $93.9 million, while the share of Kyrgyzstan's Cabinet of Ministers is $12.1 million.
Notably, Kuwaiti Pace is a leading multidisciplinary consultancy firm providing architecture, engineering and planning services, which was founded in 1968.