Kyrgyzstan, Uzbekistan to jointly build Kambar-Ata HPP-2

Politics 0

Bishkek, March 26, 2021. / Kabar /. Kyrgyzstan and Uzbekistan will jointly build Kambar-Ata HPP-2, Minister of Energy and Industry of Kyrgyzstan Kubanychbek Turdubaev told journalists speaking of the results of the 9th meeting of the Kyrgyz-Uzbek Intergovernmental Council held in Tashkent.

The minister said that the talks with the Uzbek colleagues resulted in reaching an understanding on the construction project of the Kambar-Ata HPP-2.

"Namely, we have prepared a road map and today we are discussing the updating of the project's feasibility study. At the same time, we are beginning to work through the terms of our cooperation and will be preparing a draft agreement. All this is preliminary work. We have agreed to step it up. We hope that we will come up with an option," he said.

In addition, Turdubayev said that in this case it is about joint Kyrgyz-Uzbek project, which will be implemented as a result of an investment agreement.

"In this agreement, we will stipulate all issues in terms of investment and other aspects. It will be a full-scale agreement, which will provide for specific investments," the Kyrgyz minister added, noting that it is planned to prepare a preliminary draft by June, and in July to submit it for approval.

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