Adylbek Kasymaliev and World Bank discuss Kambarata HPP 1 construction
On October 26, 2024, in Bishkek, First Deputy Chairman of the Cabinet of Ministers, Adylbek Kasymaliev, met with the World Bank Vice President for Europe and Central Asia, Antonella Bassani, as part of the annual meeting of governors of the World Bank Group and the International Monetary Fund.
During the meeting, they discussed key issues of cooperation between the Kyrgyz Republic and the World Bank, focusing on the construction of Kambarata HPP 1. This project holds strategic importance for Central Asia, not only as a source of clean energy but also as a driver for economic growth in the region.
Adylbek Kasymaliev highlighted the need for sustainable development in the area and emphasized the government’s commitment to implementing the project responsibly, with careful consideration of social and environmental aspects.
Antonella Bassani expressed the World Bank’s support for the Kambarata HPP 1 construction project, noting its increasing global interest. She agreed on the importance of a comprehensive approach to project implementation, recognizing its potential to drive economic reforms and impact various sectors of the national economy.
“The World Bank is ready to provide Kyrgyzstan with comprehensive support for the Kambarata HPP 1 project, considering all social and environmental factors,” concluded Antonella Bassani.
The discussions between the two officials underscore the significance of the Kambarata HPP 1 project in fostering sustainable development and economic growth in Central Asia. Cooperation between the Kyrgyz Republic and the World Bank is expected to lead to positive outcomes for the region.