Eurasian Development Bank funds Kulanak hydropower plant and Kant cement plant expansion

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Kyrgyzstan: The Eurasian Development Bank is financing the construction of the Kulanak hydropower Plant with a capacity of 100MW and a new clinker line at the Kant cement plant.

"The substantial growth in the bank's investment portfolio in Kyrgyzstan, which reached 61.6% of the investments planned in the country strategy for 2022-2026, reflects the bank's commitment to increasing its project activities in the region," said Nikolai Podguzov, Chairman of the EDB Board, during a meeting with Kyrgyzstan's Finance Minister, Almaz Baketaev.

Last modified on 29 May 2024

URL: https://www.globalcement.com/news/item/17390-eurasian-development-bank-funds-kulanak-hydropower-plant-and-kant-cement-plant-expansion

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