BISHKEK (TCA) — An agro-industrial cooperation zone will be constructed in Kyrgyzstan through Chinese investments.
Kyrgyzstan’s Economy Minister Arzybek Kojoshev on January 6 visited the site of the planned agro-industrial zone in the country’s northern Chui province, the press service of the Economy Ministry reported.
The cooperation zone will have a total area of 4.6 square kilometers and will be located near the village of Iskra, 60 kilometers east of the capital, Bishkek.
Construction of the agro-industrial zone is to be completed in 2020.
The main initiator and investor of the project is a corporation from China’s Henan province, which supports China’s One Belt, One Road strategy.
The project plans to attract more than 20 companies with a total capital of $1 billion.
The agro-industrial cooperation zone will breed, raise and slaughter cattle, produce fodder, process meat, and have a logistics center for frozen products and international trade.
The zone is conveniently located along the motor road connecting Kyrgyzstan and Kazakhstan.
It is planned that in six years, the zone will become an international hub for the production and export of meat products.
The corporation from Henan has already invested in construction of a poultry factory in the village of Iskra. The company has a land plot of 560 hectares and production buildings in the village for raising, slaughtering and storage of poultry. The poultry factory is fully operational now.
In 2017 the Chinese company plans to expand meat production in Kyrgyzstan and export products to China.