Deputy Minister of Finance Nurbek Akzholov announced this during an off-site meeting of the parliamentary committee on international affairs, defense, security, and migration, held on November 13 in the village of Kara-Oi, Issyk-Kul region.

StoriesKyrgyzstan secures $2.3 billion in investment agreementsSlides: 6
  1. Kyrgyzstan secures $2.3 billion in investment agreements
  2. Investment overview: Total framework agreements signed: $2.321 billion; Period: first nine months of 2026; Key sectors: energy and social infrastructure
  3. 2 321.7 million dollars — total amount of signed agreements
  4. Energy sector focus. A significant portion of the funds is directed toward energy projects and grid modernization, including the use of smart meters.
  5. Energy project parameters: 6 billion kWh annual HPP output; $80.2 million for renewable energy; $35 million for iFIRST grant
  6. Next steps. Negotiations are ongoing with Kazakhstan and Uzbekistan regarding the Kambarata HPP-1, while documentation is being prepared with the EBRD.

Investments in energy and infrastructure

A significant portion of the funds is being utilized in the energy sector. In particular, preparations are underway for the construction of Kambarata HPP-1. The project, whose feasibility study was approved on June 5, 2026, involves the creation of a station with a capacity of 1,880 megawatts.

Energy project parameters

6 billionannual HPP output in kWh
80.2 milliondollars for renewable energy projects
35 milliondollars for iFIRST grant

According to Ministry of Energy representative Emil Mukambetov, negotiations are ongoing regarding an intergovernmental agreement with Kazakhstan and Uzbekistan concerning the construction of the HPP. Additionally, as part of the country's grid modernization, smart meters (ASKUE) are already in operation.

Partners and funding sources

Nurbek Akzholov reported that framework agreements were concluded with the International Development Association and the Asian Development Bank. Documentation is also currently being prepared with the European Bank for Reconstruction and Development.

The total amount of agreements signed during the reporting period amounted to 2 billion 321.7 million dollars.