Kyrgyzstan and WB sign two agreements

Kyrgyzstan -WB
Photo credit: Kabar

Chairman of the Cabinet of Ministers - Head of the Presidential Administration of the Kyrgyz Republic Akylbek Zhaparov met with Regional Director of the World Bank for Central Asia Tatyana Proskuryakova and Country Manager of the World Bank in the Kyrgyz Republic Naveed Hassan Naqvi, Kabar reports.

During the meeting, the sides discussed issues of developing cooperation in the field of energy and water resources, as well as the upcoming visit of the executive directors of the World Bank Group to the Kyrgyz Republic.

As a result of negotiations between Kyrgyzstan and the World Bank Group, agreements were signed “On the establishment and operation of representative offices of the World Bank Group in the Kyrgyz Republic” and “On the project for the development of renewable energy in the Kyrgyz Republic - Phase 1”.

The results of the above agreements will contribute to the further deepening and strengthening of bilateral cooperation.

The World Bank provides support in the energy sector, for example, agreement to finance a project to prepare a feasibility study for the Kambarata HPP-1.

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