Kyrgyzstan: gold lifts economy in February 2019

Economic results of Kyrgyzstan’s development have been encouraging for the second month in a row. GDP is growing, as is the industry. But the prices, on the contrary, fell slightly. According to the National Statistical Committee of Kyrgyzstan, in January-February, Kyrgyzstan’s GDP amounted to 63,09.3 billion soms, up by 4.9% YoY. In February, the economic…

Kyrgyzstan: Russia wants to participate in creation of China-Uzbekistan railway

Russia is interested in participating in the construction of the China-Kyrgyzstan-Uzbekistan railway. Deputy Prime Minister of Kyrgyzstan Zhenish Razakov made the statement during a meeting of the Russian-Kyrgyz intergovernmental commission for trade, economic, scientific, technical and humanitarian cooperation. Deputy PM stressed that Russia’s participation in the project was being considered at the suggestion of the…

Kyrgyzstan: construction of 1 kilometer of Bishkek – Kara-Balta road costs $1.6 million

Construction of one kilometer of Bishkek – Kara-Balta road costs $ 1.6 million, Head of the Projects Implementation Department of the Islamic Development Bank Erkinbek Osoev announced at the meeting of the parliamentary committee on transport, communications, architecture and construction. MP Tynchtykbek Konushbayev was indignant that the construction of roads was delayed. According to him,…