Russian-Kyrgyz Development Fund ready to finance projects in Naryn Oblast

Economy 0

Bishkek, Sept. 30, 2021 . / Kabar / . In the course of a working trip to Naryn Oblast, the management of the Russian-Kyrgyz Development Fund (RKDF) visited projects in the region.

The press service of the Fund reported that among them is At-Bashy Sut LLC, which received funding from the Fund to establish a dairy complex for dairy cattle breeding.

Implementation of the project will have a significant complex impact on the oblast's economy, as it promotes development of dairy cluster, creation of new jobs in At-Bashy region and increase of tax deductions to the state budget.

Another project, also funded by the RKDF, is the Grand Khan Tengri hotel complex, which has already been put into operation. The project contributed to the development of the country's tourism industry and created 50 new jobs in Naryn Oblast.

In addition, management of the Fund visited projects with good prospects for funding: the expansion of a trout farm, the construction of a slaughterhouse, and the resumption of activities for bottling medicinal water.

The RKDF Board Chairman Artem Novikov emphasized that the Fund is ready to support promising projects that create new jobs and develop the region's economy.

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