Investors from China to invest $ 100 million in Silk Way Industrial Park in Kyrgyzstan

Bishkek, June 8, 2021. / Kabar /. An investment agreement for a total amount of injected investments USD 100 million was solemnly signed in the Silk Way Industrial Park with investors from China with the participation of government officials, the management of the Silk Way Industrial Park and investors from China. The signing ceremony was attended by Deputy Minister of Energy and Industry Bakyt Degembaev, Chairman of the Association of Kyrgyz-Chinese Cooperation Li Quan jun, local heads, representatives of the Chinese embassy in Kyrgyzstan. Initial direct investment injections will amount to USD 20 million, with subsequent total investments amounting to USD 100 million. “Today, additional investment opportunities are opening up for the Industrial Park. For the full-scale development of the Industrial Park, additional investments in the amount of USD 100 million were attracted. The investment partner is the leading Chinese entrepreneurs in the person of Liu Ying,” representatives of the Silk Way Industrial Park said. Silk Way Industrial Park is the first large-scale multifunctional industrial complex in the Central Asian region. Trade and exhibition pavilions, warehouses, spacious garment factories, and a customs and logistics terminal will be located on the territory of the trade, industrial and textile complex with an area of ​​70 hectares, near the border with Kazakhstan and 30 km from the Manas international airport. The project is being implemented within the framework of the Government's Program for the Development of Textile and Apparel Production. The developer and the main domestic investor is Alpha Cargo, the leader in the export of Kyrgyz textile and clothing products to the countries of the Eurasian Economic Union. The park is divided into several interconnected sectors. One of the basic objects is the industrial sector - it is more than 90 thousand square meters of factories with modern warehouses, where comfortable working conditions have been created. Residents of the Industrial Park are provided with modern production factories with an area of ​​4000 square meters, allowing them to place any technological line. Full engineering autonomy, convenient transport interchange, spacious access roads and parking make the production factories of the industrial park an excellent place for starting and developing a business.