18/10 15:33

Kyrgyz First Deputy Prime Minister: "Chinese investments are present in all areas of Kyrgyzstan"

Urumqi, October 18 / Kabar /. China is a strategic partner of Kyrgyzstan, and Chinese investments are present in all areas of the country, First Deputy Prime Minister of Kyrgyzstan Muhammetkaliy Abulgaziev said today at a meeting with the Governor of the Xinjiang Uygur Autonomous Region (XUAR) of China Shouhrat Zakir.

"We have the highest turnover with China. I think in the next few years the trade turnover between our countries will be in the first place. If 10 years ago Chinese investmentswere only in trade, then over the past five years a lot of investment came into the sphere of energy, construction of roads and industry. This year we have opened two large fields, where the volume of investments amounted to more than $ 500 million. This creates additional jobs that will have an impact on the development of the national economy. Due to China's investment, we have built the largest electric substation last year. Now the reconstruction of the largest power plant in the country is underway. Also, roads are being built, which are of great importance for the country's economy and infrastructure in Central Asia," Abulgaziev said.

He also said that the friendly relations between the two countries will contribute to an increase in investment inflows into the Kyrgyz economy. "Three days ago, we held a meeting of the Kyrgyz-Chinese intergovernmental council, which discussed the development of bilateral relations. And today we can say our visit will be a continuation of the dialogue, which was at that meeting," added Abulgaziev.



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