The Ministry of Finance announced in an explanatory note to the draft updated republican budget that subsidies will be provided for the interest rates of the RKDF for the state-priority project, the 'Ala-Too Resort' all-season mountain cluster. Furthermore, funds are allocated to subsidize the RKDF interest rates for the establishment of the 'Supara' ethnographic complex.
Project Scope and Funding Details
The total amount of subsidies earmarked for these two projects is stated as 13.74 million soms, without separating the amount for each individual project.
Ala-Too Resort Zones
Project Background
The 'Ala-Too Resort' all-season mountain cluster is designated as a state-priority project by a Cabinet resolution. The State Company JSC 'Ala-Too Resort', established for the project's realization, reported that the project is divided into three zones: the 'Jyrgala' resort covering 1624.66 hectares, the 'Ak-Bulak' resort spanning 945.92 hectares, and the 'Boz-Uchuk' resort measuring 1345.0 hectares.
Regarding the timeline, the President of Kyrgyzstan, Sadyr Zhaparov, mentioned that the opening of the first phase of 'Ala-Too Resort' is scheduled for December 1, 2026, the second phase for 2027, and the third for 2028. This was noted during his visit to the Olympic Park in Utah in the USA on September 20.
