Kyrgyz Republic

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The Kyrgyz Republic, located in the northeast of Central Asia among the mountains and valleys of Tien Shan, is a trade crossroad and a transshipment point between Europe and Asia. It is a multicultural state comprising more than 80 ethnic groups. These reflect the country's rich historical heritage as a connecting link between the West and East along the Great Silk Road.

— Ministry of Foreign Affairs

The Kyrgyz Republic in CAREC

The Kyrgyz Republic joined CAREC in 1997
Since 2001, $614 million has been invested in transport, trade, and energy
The Kyrgyz Republic currently has 16 ongoing CAREC projects
Since 2001, four CAREC projects have been completed

CAREC Contacts

CAREC-related Projects

CAREC Transport Corridor I (Bishkek-Torugart Road), Project 3
	Sector: Transport	Date approved / Status: 7 June 2011 (Ongoing)
	Expected outcome: The project will increase regional trade, particularly between the Kyrgyz Republic and the PRC, by improving mobility for people and goods along the road corridor between Naryn and Torugart.
	Funding amount: $55 million (Asian Development Bank) $15 million (Government of the Kyrgyz Republic)

Third Road Rehabilitation Project - Loan
	Sector: Transport	Date approved / Status: 31 October 2001 (Completed)
	Expected outcome: The project will help reduce poverty and promote sustainable economic growth by reducing the cost of road transport and improving access to markets in the Bishkek–Osh corridor. It will support reforms in the road sector to improve road maintenance and provide a sustainable source and adequate level of financing for road maintenance.
	Funding amount: $40 million (Asian Development Bank) $10 million (Government of the Kyrgyz Republic)

National Road Rehabilitation (Osh-Batken-Isfana) Project - Additional Financing
	Sector: Transport	Date approved / Status: 30 September 2010 (Ongoing)
	Expected outcome: The additional financing will contribute to the reduction of transport costs and travel time along the Osh–Batken–Isfana Road corridor, improve road safety planning, and repair and rehabilitate road infrastructure in and around Osh and Jalal-Abad cities thereby creating temporary jobs.
	Funding amount: $5.5 million (Loan) (World Bank) $4.5 million (Grant) (World Bank)

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Feature

Kyrgyz Republic GDP to grow by 5.5% in 2013-ADB. Growth is expected to rebound this year after recent low gold production held the economy back. Read more.
ADB to provide $55 million for Toktogul plant modernization. The funding aims to modernize the Kyrgyz Republic's largest and critically important energy plant. Read more.

Previous features

Economic Outlook

Highlights from the Asian Development Outlook 2013:
While the peaceful transfer of power in 2011 and the swift formation of a new government in 2012 laid the foundation for growth, low gold production caused GDP to contract by 0.9%. In 2013, growth is expected to rebound to 5.5%. The government will begin implementing its new Sustainable Development Strategy 2013-2017, a blueprint for building a stable society, strengthening the rule of law, and improving the investment climate. Read more.