Economist.kg published the breakdown on Thursday. Energy leads it: a solar plant in Naryn region at $250 million and a 100 MW wind farm in Issyk-Kul region at $126 million. Industry, logistics and transport come to $114.9 million, made up of an oil-and-fat processing plant at $88.9 million, a logistics complex at $20 million and a locomotive wheel repair shop at $6 million. Communications and finance add $54.2 million, of which $50 million is a credit line from the Eurasian Development Bank.
Those three sector totals sum to $545.1 million. The arithmetic is ours.
Artyom Novikov, who chairs the Russian-Kyrgyz Development Fund, gave the wider number to Prime at 10:23 Moscow time: more than 40 documents worth, by preliminary estimate, over $800 million. The two figures count different things and should not be netted. The forum runs 5 to 7 August.
“Two governments signed $545 million of projects at the lake this week. Five will sign three procedural documents there on Friday.”
The Eurasian Intergovernmental Council opened its narrow session on Thursday afternoon at the Kyrgyz president's residence in Cholpon-Ata. Olzhas Bektenov, Mikhail Mishustin, Nikol Pashinyan and Alexander Turchin arrived through the afternoon. Kasymaliev, relaying President Sadyr Japarov's position, asked partners to carry out the agreements already reached, simplify procedures and move goods faster across the union.
Friday's expanded session, with observer states, takes about 15 items and the three documents prepared for signature: e-commerce in goods, mutual admission of brokers and dealers to member exchanges, and mutual recognition of academic degrees.
On the same day, the Kyrgyz energy ministry ordered faster work on power system readiness before the Shanghai Cooperation Organisation summit and the winter.