The business forum "KAZAKHSTAN - KYRGYZSTAN"

The business forum "KAZAKHSTAN - KYRGYZSTAN"

On April 17, 2024, in the capital of Kazakhstan, Astana, a business forum was held with the participation of leading political and business leaders of Kyrgyzstan and Kazakhstan. The First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, A.A. Kasymaliev, and the Deputy Prime Minister of the Republic of Kazakhstan, S.M. Zhumangarin, opened the forum, the aim of which was to strengthen the trade and economic ties between the two countries.

At the event, which took place ahead of the official visit of the Kyrgyz leader to Kazakhstan, representatives of the business communities discussed prospects and new opportunities for cooperation. Among the major agreements was a Memorandum of Cooperation between the Kazakhstani company TGS-Energy Limited and the National Investment Agency under the President of the Kyrgyz Republic. "According to this document, it is planned to implement a project to build a solar power plant in Kyrgyzstan with a capacity of 250 MW and an expected investment volume of up to 200 million US dollars. Thus, the total volume of planned construction of solar power plants in the Kyrgyz Republic by subsidiaries of  'TechnoGroupService' LLP is 300 MW," said Abenov K.G., a Member of the Board of Directors of 'TechnoGroupService' LLP.

A meeting also took place at the EXPO venue with the Plenipotentiary Representative of the President of the Kyrgyz Republic in the Issyk-Kul Region, Daliyev U.E., during which the Director of 'Kun Bulagy' LLC Beishenaliev I.A. reported on the current status of the implementation of the 50 MW solar power plant project 'Kun Bulagy' and the approval of the Investment Agreement with the Cabinet of Ministers of the Kyrgyz Republic.