Kyrgyzstan’s Cabinet of Ministers has signed an investment agreement with Vietnam’s RECA LLC, Rox Energy Global for the construction and operation of a solar power plant in the village of Kyzyl-Oruk, located in the Issyk-Kul region.
The agreement was signed by Kyrgyz Energy Minister Taalaibek Ibrayev and senior representatives of the Vietnamese firms, which are part of ROX Group, one of Vietnam’s leading conglomerates. Discussions covered key implementation stages, including land allocation by the Kyrgyz government, grid integration, and state-supported incentives for the project .
The solar plant is designed to have a capacity of 1,900 MW and is scheduled for completion in 2027. The project will be financed through foreign direct investment.
Founded in 1996, ROX Group operates across several sectors including real estate, technology, hospitality, and financial services, and is actively expanding into international markets, particularly in Europe.
In Kyrgyzstan, the company is also behind the construction of the Royal Central Park residential complex in Bishkek.
The solar power initiative is fully aligned with Kyrgyzstan’s national strategy to diversify its energy portfolio, increase electricity generation from renewable sources, and address persistent energy shortages across the country.
