• KGS/USD = 0.01149 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
24 December 2024

Viewing results 1 - 6 of 2

Strategic Bypass Route Opens in Southern Kyrgyzstan

On December 6, Kyrgyzstan’s President Sadyr Japarov inaugurated a new bypass road around Uzgen, a historic city located 56 kilometers northeast of Osh, the largest city in southern Kyrgyzstan. The bypass is designed to alleviate traffic congestion in Uzgen by redirecting vehicles away from the city center. This development is expected to improve traffic flow, reduce travel times, and lower the risk of accidents on the former main route through the city. Construction of the bypass began in January 2024. The project includes two significant bridges: a 197-meter-long bridge spanning the Kara-Darya River and a 77-meter-long bridge over the Jazy River. To address the needs of residents, the project also features underground crossings for pedestrians and livestock and access roads connecting nearby villages. Speaking at the opening ceremony, Japarov emphasized that the Uzgen bypass is Kyrgyzstan’s first infrastructure project completed through a public-private partnership model. He reiterated the government’s dedication to expanding the country’s road network to enhance connectivity and boost logistics capabilities. Japarov also outlined plans for additional road projects, including a proposed 150-kilometer route linking Almaty, Kazakhstan’s largest city, to Kyrgyzstan’s Lake Issyk-Kul. This new route would significantly shorten the current travel distance, providing a faster and more efficient connection between the two destinations. While acknowledging the long-term nature of infrastructure investments, Japarov highlighted their critical importance for national and international development. He encouraged private investors, particularly domestic ones, to participate in upcoming road construction projects. If sufficient local investment is not secured, the government plans to seek foreign partnerships. In his closing remarks, Japarov likened road infrastructure to the "circulatory system" of the state, underlining its fundamental role in driving economic growth. He noted that improved roads enhance regional logistics, foster trade, and promote tourism, all of which are vital for Kyrgyzstan’s development.

Eurasian Fund for Stability and Development to Fund Renovation of Tajikistan’s Roads

The Eurasian Fund for Stabilization and Development (EFSD) has announced that it will allocate funds to renovate Tajikistan's main roads. The work will involve construction of 51 anti-avalanche galleries, extending to over 5,200 meters, in vulnerable sections of Tajikistan’s highways. Established in 2009 to operate in Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan, the EFSD promotes economic and financial stability in these countries to support their sustainable development. The Times of Central Asia has previously reported that the EFSD's financing of the Rogun hydroelectric power plant is one of the main risks to Tajikistan’s budget and debt sustainability. Analysts from the fund have emphasized that “in the face of uncertainty regarding funding sources, starting in 2025, the government of Tajikistan may have additional needs for budgetary support from international financial organizations.”