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BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) is extending a US $75 million loan for the development of Canada-based Centerra Gold Inc’s Öksüt open-pit gold mine in the central Turkish region of Kayseri. It is part of an existing US $150 million project financing facility with UniCredit, the EBRD Press Office said. Continue reading
KYZYLORDA, Kazakhstan (TCA) — Fifty clean, modern and accessible buses arrived on August 4 in the city of Kyzylorda, raising the quality of local transport for thousands of citizens in this major regional centre in southern Kazakhstan, the EBRD reported. Continue reading
BISHKEK (TCA) — The 275,000-strong population of Osh will benefit from a new wastewater plant which has just opened in the second largest city in Kyrgyzstan thanks to financing provided by the European Bank for Reconstruction and Development (EBRD) and the Government of Switzerland, the Embassy of Switzerland in the Kyrgyz Republic and the EBRD said on July 29. Continue reading
DUSHANBE (TCA) — A delegation from the European Bank for Reconstruction and Development (EBRD) is heading to China to participate in the first Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) and to sign a joint project, a reconstruction of a road in Tajikistan, one of the first ever AIIB projects. Continue reading
BISHKEK (TCA) — Many of the countries where the European Bank for Reconstruction and Development (EBRD) invests are known for their high energy consumption. Kyrgyzstan is no exception. It faces a legacy of inefficient energy use and many residential buildings are dilapidated, the EBRD press office reported. Continue reading
BISHKEK (TCA) — A cooperation agreement has been reached between the European Bank for Reconstruction and Development (EBRD) and the Silk Road Fund, established to implement China’s Belt and Road initiative, inspired by the ancient Silk Road connecting China and Europe, the EBRD press office said. Continue reading
