• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10771 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10771 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10771 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10771 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10771 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10771 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10771 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10771 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%

Viewing results 1 - 6 of 12

Kyrgyzstan Launches Gold Mining Project at Togolok Deposit

Kyrgyzstan has launched development of the Togolok gold deposit, in what officials describe as the first large-scale mining project since independence to be implemented entirely using domestic resources. Kumtor Gold Company said its subsidiary, Kumtor Operating Company, has begun work on the deposit, located in the remote, high-altitude Jeti-Oguz district of the Issyk-Kul Region. The Togolok deposit was first discovered in 1978. It lies in a mountainous area with harsh weather conditions and steep terrain. The nearest settlement, Ak-Shyirak village, is located nearly 3,200 meters above sea level and about 35 kilometers from the site. The deposit is approximately 560 kilometers from Bishkek. Kumtor Operating Company received a license to develop Togolok in August 2023, and a feasibility study completed a year later confirmed the project’s commercial viability. Preparatory work has included expanding narrow access roads to accommodate heavy trucks, building a new bridge over the Kaichy River, and constructing housing facilities for 85 workers. Kanimet Toktosunov, chairman of the board of Kumtor Operating Company, said mining operations began this spring. “Stripping operations are currently underway, and first ore extraction will begin in the coming months,” Toktosunov said. “Eight large mining trucks, two excavators, a loader and a grader for road maintenance have already been delivered to the site.” To support construction of the mining complex, Kumtor held an international tender and selected China Nerin Engineering Co., Ltd. as the contractor. The parties signed an agreement in April 2026 for the construction of industrial facilities needed to launch production. The company said the project is expected to become a milestone for Kyrgyzstan’s mining sector and add to the country’s industrial capacity. Kumtor Gold Company, fully owned by state-owned Kyrgyzaltyn, operates the Kumtor mine, Kyrgyzstan’s largest gold deposit, located in the Issyk-Kul Region at an altitude of around 4,000 meters. One of the world’s largest high-altitude gold mines, Kumtor was nationalized in 2021 after previously being operated by Canada’s Centerra Gold. According to Kyrgyzaltyn, the company produced 12,081 kilograms of gold in 2025, generating revenue of $1.434 billion and net profit of more than $706 million, while paying $246.5 million in taxes and other payments. Gold remains Kyrgyzstan’s main export commodity. In 2025, the country exported 6.2 tons of gold worth $682.8 million, accounting for nearly 24% of total exports, according to official data and previous reporting by The Times of Central Asia.

Kyrgyzstan to Temporarily Open Alternative North-South Highway from June to November

Kyrgyzstan’s alternative North-South highway will be open to traffic from June to November 2026, the Ministry of Transport and Communications has announced. Preparatory work for the seasonal opening is currently underway, including the implementation of additional safety measures. The long-anticipated 433-kilometer highway is a strategic transport corridor linking Balykchy in the Issyk-Kul Region with Jalal-Abad in southern Kyrgyzstan. Approximately 200 kilometers of the route pass through areas where no roads previously existed. Key engineering achievements along the route include Kyrgyzstan’s longest tunnel, located at the Kok-Art mountain pass, and two major overpass bridges. Once operational, the highway is expected to reduce travel time between Jalal-Abad and Balykchy from 13 hours to just six. Currently, the only route connecting Kyrgyzstan’s northern and southern regions is the Bishkek-Osh highway. The new North-South corridor is expected to improve both passenger and freight transportation between the regions, particularly given the absence of a direct railway connection. Construction of the North-South highway began in 2014, but the opening has been repeatedly postponed. The highway is expected to become fully operational year-round in 2028, according to Minister of Transport and Communications Talantbek Soltobaev. He said that in 2026 the highway would only operate during the summer season. “Until we resolve safety issues, we will be closing the highway for the winter,” the minister said, referring to the need to eliminate risks associated with rockfalls, avalanches and other natural hazards along certain sections of the road.

Kyrgyzstan Expands Issyk-Kul Energy Infrastructure Ahead of SCO Summit

Kyrgyzstan has launched a large-scale modernization of energy infrastructure in the Issyk-Kul region as part of preparations for the upcoming Shanghai Cooperation Organization (SCO) summit, scheduled to take place this autumn in Cholpon-Ata. According to the Energy Ministry, authorities are upgrading power grids, expanding substation capacity, and installing new transformers across the region. In several villages in the Issyk-Kul region, self-supporting insulated wires are being installed to improve reliability and safety while reducing maintenance costs. Aging power networks are also being replaced. Particular attention is being given to the village of Baktuu Dolonotu near Cholpon-Ata, where some summit-related events are expected to take place. “Under the project, the existing 10 and 16 Megavolt-Ampere (MVA) transformers will be replaced with two new 40 MVA transformers, creating a modern high-capacity substation. The equipment has already been delivered, and preparations for installation are underway,” the ministry said. The modernization drive is also linked to the development of tourism infrastructure in the region. Several major projects are underway in Issyk-Kul, including the Ala-Too Resort ski complex and tourism facilities in the Jyrgalan Valley. To supply electricity to these new facilities, authorities are constructing a 110 kV transmission line from Karakol to Jyrgalan and replacing existing 35 kV overhead lines with underground cable systems. According to the Energy Ministry, trenches extending more than 100 kilometers have already been prepared for the new transmission line. Last year, a new substation was commissioned in the region, and 12.8 kilometers of cable lines were laid. “Work on the electricity supply for the cable car at the Ala-Too Resort ski base has been completed one hundred percent. The cable car could be launched right now,” Aslan Ibraev, deputy director of the Issyk-Kul Electric Grid Enterprise, told The Times of Central Asia. According to Ibraev, the first phase of infrastructure work for the ski resort has already been completed. “In total, we installed four transformer substations in Jyrgalan and laid 60 kilometers of underground electric cables,” he added. Kyrgyz authorities say the infrastructure upgrades are intended not only to ensure the successful hosting of international events, but also to support the long-term development of the region’s tourism sector. Construction of the ski resort is expected to be completed later this year. Authorities have also begun selling land plots for new tourism facilities near the resort area.

Kyrgyzstan to Install Electric Vehicle Charging Stations in Key Tourist Region

State-owned Chakan GES OJSC will install 10 electric vehicle (EV) charging stations across the Issyk-Kul region, Kyrgyzstan’s primary tourist destination, and home to Lake Issyk-Kul and the country’s largest mountain ski resort in Karakol. The initiative is being implemented with support from the Ministry of Energy as part of ongoing efforts to promote environmentally friendly transportation and enhance tourism and transport infrastructure in the region. The new stations will be located in Karakol, the administrative center of the Issyk-Kul region (2 stations); Cholpon-Ata, the main resort hub (2); Balykchy (2); and the villages of Bokonbaevo (1), Kyzyl-Suu (1), and Tyup (2). All are scheduled to begin operations later this year. The number of electric vehicles in Kyrgyzstan is steadily rising. According to First Deputy Prime Minister Daniyar Amangeldiev, more than 200 EVs are imported into the country daily under a VAT exemption scheme. As a member of the Eurasian Economic Union (EAEU), Kyrgyzstan has an annual quota allowing for the duty-free import of up to 15,000 electric vehicles. Despite this growth, EVs still make up a small share of the national vehicle fleet. According to Minister of Natural Resources, Ecology, and Technical Supervision Meder Mashiev, Kyrgyzstan had over 1.9 million registered vehicles as of early 2026, a 13% increase from 2024. Of these, 972,000 run on gasoline, 339,000 on diesel, 56,900 on gas, and 37,000 are hybrids. Electric vehicles account for just 0.8% of the total, or approximately 15,200 units. The government is also advancing plans to localize EV assembly as part of its broader strategy to expand eco-friendly transport options and combat air pollution, particularly in cities like Bishkek. In June 2025, the Ministry of Economy and Commerce signed a memorandum of understanding with South Korean firms EVSIS, NGS, and the Korea Automobile Environment Association. The agreement focuses on developing EV charging infrastructure in Bishkek. As The Times of Central Asia previously reported, South Korean partners also intend to launch production of EV charging stations in Kyrgyzstan, aiming to establish local manufacturing and create a nationwide charging network across major cities and regions.

Switzerland Backs Winter Tourism Development in Kyrgyzstan

Switzerland is providing practical support to Kyrgyzstan in developing its winter tourism sector, with a strong focus on training professional staff. A program for ski instructor training is currently underway in the city of Karakol, Issyk-Kul region, with Swiss backing. Switzerland's ambassador to Kyrgyzstan, Sirocco Meserli, recently visited a cross-country skiing training session, a sport that has seen systematic development in Kyrgyzstan since 2022. According to Swiss diplomats, specialists from Switzerland have arrived to train Kyrgyz instructors and sports school coaches in modern international methods tailored for children, adults, and tourists. The initiative is part of the Sustainable Winter Tourism project, funded by the Swiss government. The final stage of this year’s training sessions with Swiss experts is currently taking place. [caption id="attachment_42787" align="aligncenter" width="300"] @TCA[/caption] Meserli stated that the program covers skiing techniques, instructional methods, tourist engagement, and safety protocols. “Infrastructure development is important, but qualified personnel who can provide a high level of service and a positive tourist experience play a decisive role,” he said. The project introduces international training standards for instructors at the Admission, Aspirant, and Instructor levels, commonly used in alpine skiing and snowboarding training globally. The Swiss side has emphasized the project’s long-term goals: not only to train instructors but also to lay the foundation for winter sports as a sustainable economic sector, fostering growth in tourist traffic, job creation, and service offerings during the winter season. [caption id="attachment_42788" align="aligncenter" width="300"] @TCA[/caption] Kyrgyz experts see high potential in this area. Approximately 94% of Kyrgyzstan’s territory is mountainous, and new ski resorts are actively being developed across the country. “Skiing is becoming popular. Young people are eager to learn. All instructors speak Kyrgyz, Russian, and English, and demand for training has grown significantly,” ski instructor Daniyar Toichbek told The Times of Central Asia. Karakol remains Kyrgyzstan’s primary ski destination. During the winter season, numerous rental shops operate in the city, where a full set of ski equipment can be rented for about $35, making winter recreation accessible to both locals and international visitors.

Underground Gold Mining Officially Launched at Kumtor

Kyrgyz President Sadyr Japarov has inaugurated underground mining operations at the high-altitude Kumtor gold mine during a working visit to the Issyk-Kul region. According to Japarov, underground development at Kumtor should have started two decades ago. However, the mine’s former operator, Canadian company Centerra Gold, opted instead for open-pit mining, which was less costly but had serious environmental consequences. He said the dumping of waste rock onto the Davydov and Lysyi glaciers resulted in their degradation. “The launch of underground gold mining at Kumtor is a crucial step toward environmental protection and glacier preservation,” Japarov stated. He reported that approximately 1,600 meters of tunnels have already been excavated, and ore with a gold content exceeding five grams per ton is ready for extraction. The underground operation is projected to continue for 17 years, with proven reserves estimated at 147 tons of gold. While Centerra Gold had previously explored underground mining, low global gold prices over a decade ago rendered the project financially unviable. The open-pit method yielded between five and seven grams of gold per ton of ore, then considered the threshold for profitability. As gold content declined over time, the possibility of mine closure loomed. That outlook changed with rising gold prices. Following the nationalization of Kumtor in 2021, the mine’s profitability increased substantially. According to Japarov, since May 2021 the mine has produced 54 tons of gold, generating $3.5 billion in revenue. Of that, $891 million was paid into the state budget through taxes and other contributions. By contrast, the president noted, Kyrgyzstan received just $100 million during the 28 years the mine was under foreign ownership. Speaking to The Times of Central Asia, veteran Kyrgyz geologist Rozalia Djenchuraeva suggested Kumtor’s reserves may be even larger. “Even on Soviet maps, one can see that there is a lot of gold in this area. Gold-bearing veins run under the glaciers from the Kyrgyz-Chinese border through Kumtor and extend westward for many kilometers,” she said. Djenchuraeva added that with modern technologies, especially underground extraction, it is possible to mine gold efficiently while adhering to environmental standards.