Kyrgyz PM Zhaparov In U.S. For Talks With Energy Investors

Kyrgyzstan’s prime minister Akylbek Zhaparov is in the United States this week, and will meet with potential investors as Kyrgyzstan looks to grow its energy sector.

Zhaparov will meet with the heads of the World Bank, International Monetary Fund, the U.S. Agency for International Development (USAID), the U.S.-Kyrgyz Chamber of Commerce, Asian Infrastructure Investment Bank, Asian Development Bank and the European Investment Bank. He will also meet with representatives of leading tech corporations, according to the Kyrgyz government’s press service.

Kyrgyzstan’s largest energy project is the construction of a hydroelectric power plant on the Naryn River, for which the World Bank has allocated a soft loan of $5 million for a feasibility study. Kyrgyz authorities are also negotiating a $500 million loan to construct the hydropower plant. In total, according to current estimates, the project will cost about $5 billion.

The Times of Central Asia has previously reported that the Kyrgyz Chamber of Commerce and Industry intends to open representative offices in the U.S.


Times of Central Asia