Sistema reports arrest of its stakes in MTS, Medsi, BES as part of dispute with RosneftBusiness & Economy June 26, 20:58
Russian submarine successfully test-fires Bulava intercontinental missileMilitary & Defense June 26, 19:20
Rosneft and RBC reach friendly settlement on defamation lawsuitBusiness & Economy June 26, 18:50
Number of centers issuing FAN IDs to be increased ahead of FIFA Confederations Cup FinalSport June 26, 18:33
News about anti-doping probe against Russian football team players is fake — executiveSport June 26, 18:25
Putin refers to State Duma Council of Europe convention against financing terrorismRussian Politics & Diplomacy June 26, 18:15
Russia to lay down 2 diesel-electric submarines for Pacific Fleet in JulyMilitary & Defense June 26, 18:07
Russia’s Khramtsov wins first gold at 2017 World Taekwondo ChampionshipsSport June 26, 18:03
Russian Navy to get four frigates by 2020Military & Defense June 26, 17:41
BISHKEK, September 11 (Itar-Tass) - China is set to invest around $3 billion into Kyrgyzstan’s different projects, Kyrgyz Economy Minister Temir Sariyev said after talks between the two countries’ presidents Almazbek Atambayev and Xi Jinping on Wednesday.
Chinese investors expressed readiness to inject $386 million into reconstruction of a thermal power plant in Bishkek and another $400 million into construction of the Balykchi-Jalal-Abad highway to connect northern and southern regions of the Central Asian republic.
“Another $1.4 billion will be invested into the construction of a Kyrgyz section of the Turkmenistan-Uzbekistan-Tajikistan-Kyrgyzstan-China gas pipeline,” Sariyev said adding that the two countries had no problems building their relations on the principles of equality. “The Chinese side is also eyeing its possible participation in the project to create a civil aviation hub at Manas International Airport.”
During Chinese President Xi Jinping’s visit to Bishkek the two countries signed several economic agreements. Moreover, China will invest funds into the construction of a refinery with annual throughput of 8,000 tonnes and allocate several million dollars to support Kyrgyzstan’s economy.