PPP. Chinese Investor Aims to Collaborate with Kyrgyz Republic in the Construction Sector

Наталья Маркова Local news
VK X OK WhatsApp Telegram
PPP. A Chinese investor intends to cooperate with the Kyrgyz Republic in the construction sector
Recently, a meeting took place at the National Investment Agency, which is subordinate to the President of Kyrgyzstan, between Ravshanbek Sabirov, the head of the agency, and representatives of the Chinese company Shaanxi Taifaxian Industrial Group Co., Ltd. (Taifaxian Group).

The main topics of discussion were opportunities for public-private partnerships (PPP) as well as attracting foreign direct investment. The parties also talked about further developing strategic cooperation in the fields of construction and energy, where Taifaxian Group has significant experience.

Sabirov emphasized that Kyrgyzstan is interested in attracting reliable international investors and is ready to provide favorable conditions for the implementation of investment projects.

He noted: "Our country has adopted a new investment law aimed at creating a transparent investment climate. This law ensures the protection of investors' rights and their investments, as well as opens doors for direct investments and projects within the framework of PPP."

During the meeting, several major investment initiatives were presented, including the construction of the Chatkal and Upper Naryn cascade hydropower plants, the development of the "Ala-Too Resort" tourism project, the creation of the "At-Bashy" International Trade and Logistics Center, as well as the construction of the "Topurak-Bel" wind power station and the implementation of the Turk-Sib — Balikchi railway section and the "Asman City" project.

These projects sparked lively interest from the Chinese delegation, and various formats for the companies' participation in their implementation were discussed, including PPP mechanisms and direct investments.

As a result of the meeting, the parties confirmed their mutual interest in further dialogue and exploring specific areas of cooperation, including projects in construction, energy, and urban infrastructure.

Information about the company: Shaanxi Taifaxian Industrial Group Co., Ltd. was founded in 1983 and is one of the largest private diversified industrial investment groups in China. It operates not only in Shaanxi Province but also in other regions of the country, ranking among the top 50 companies in the region in the fields of real estate and energy.

The main areas of the group's activities include:
• construction of residential, commercial, and infrastructure facilities;
• implementation of energy projects;
• investment and development activities;
• management of complex projects.
VK X OK WhatsApp Telegram

Read also: