BISHKEK, Kyrgyzstan, August 19. "Shaanxi Investment Group Co., a Chinese company, will engage in coal extraction from two deposits in Kyrgyzstan, Trend Repots.
Agreements between Kyrgyzstan’s "KyrgyzKomur" state enterprise and "Shaanxi Investment Group Co." for collaborative coal mining at the "Ak-Ulak" and "Besh-Burkhan" deposits were signed during the Kyrgyzstan-China Business Forum held in Urumqi, Xinjiang Uygur Autonomous Region of China.
In addition to these documents, "KyrgyzKomur" signed a series of intention agreements with several Chinese companies for collaborative coal deposit development in Kyrgyzstan. Agreements were established with "Hebei Jinsheng Mining Engineering Co.," "Irkeshtan Port Xinji International Trade Co.," "Tomiris-Ken LLC," and "Kashi Shunbaofu Trade and Export Trade Co."
With "Irkeshtan Port Xinji International Trade Co.," an intention agreement was also signed for the joint construction of a coal logistics center near the Kyrgyzstan-China road border point at Torugart Pass.
Furthermore, an intention agreement was reached between "KyrgyzKomur" and "Xinjiang Dacheng Yuanlong Technology Co. for the collaborative construction of a coal logistics center with a belt conveyor near the Kyrgyzstan-China road border point at Irkeshtam Pass.
The Kyrgyzstan-China Business Forum was attended by more than 100 Chinese businessmen, along with approximately 100 entrepreneurs from Kyrgyzstan. During this event, 29 documents with a total value exceeding $1 billion were signed between the countries.