Kyrgyzstan Greenlights Issyk-Kul Tourism Development Accords With ADB
Date
12/4/2024 5:11:26 AM
(MENAFN- Trend News Agency)
BISHKEK, Kyrgyzstan, December 4. The credit and
grant agreement between Kyrgyzstan and the Asian Development Bank
(ADB) for financing the project "Environmental Management of lake
Issyk-Kul and Sustainable tourism Development" has been ratified,
Trend reports via the Kyrgyz presidential
administration.
The corresponding law was signed by the country's President
Sadyr Japarov.
The agreements were signed on July 4 of this year in Bishkek.
The Kyrgyz parliament adopted the law on November 13, 2024.
According to the agreements, ADB will provide $56 million in
financial resources for the project's implementation, of which $31
million are grant funds and $25 million are loan funds.
The project includes the construction of a wastewater treatment
plant in the city of Cholpon-Ata with a daily capacity of 14,200
cubic meters of treated wastewater, over 150 kilometers of sewage
system, 11 kilometers of promenade (pedestrian and bike lanes), a
historical museum, and three recreational parks. Additionally, the
project will enhance the infrastructure of tourist sites in the
Petroglyph area of Cholpon-Ata.
MENAFN04122024000187011040ID1108955005
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.