Osh — Manas

Kyrgyzstan to raise up to $500 million from AIIB for hydropower, roads and housing

The Kyrgyz government has initiated review of a draft law ratifying an agreement with the Asian Infrastructure Investment Bank (AIIB) that would allow raising up to 500 million dollars for the development of key infrastructure facilities in the country. The funds will go toward state investment projects, including the construction of Kambarata-1 hydropower plant and improving housing conditions