Chinese businessmen were asked to invest in the energy sector of Kyrgyzstan

Chinese businessmen were asked to invest in the energy sector of Kyrgyzstan
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  • 16.06.2023 16:01:00
  • 2 min read

Tsusubali Toromamatov, Trade Representative of the Ministry of Economy and Trade of Kyrgyzstan for China, took part in the First International Energy Forum held in Qingdao as part of the SCO Supply Chain Forum.

Within the framework of the Forum, the trade representative of the Ministry of Economic Trade made a presentation on the future of the Kyrgyz Republic in the energy sector.

In particular, he expressed his gratitude to the representatives of the SCO Pilot Region, the Shandong Port Company and the China Overseas Business Development Association for participating in such an important event as the First International Energy Forum in Xingdao.

As noted in Kyrgyzstan, this is the core of Central Asia and one of the important transport hubs of the Silk Road Economic Belt: the country borders on Kazakhstan in the north, Uzbekistan and Tajikistan in the west, and China in the east.

The territory of Kyrgyzstan covers 95% of the mountain range, so the country is rich in water resources. Today, Kyrgyzstan produces 15 billion kWh of hydroelectric power per year, but this is only 1/10 of the country's total hydropower potential. Thanks to the efficient use of resources and technologies, it is possible to generate 142 billion kWh of hydroelectric power per year.

He also called on representatives of the Chinese side and other forum participants to invest in the energy sector of Kyrgyzstan.

Source: tr.kabar.kg

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