European Investment Bank to finance Kambarata HPP 1 project
Bishkek – On April 19, 2024, the Acting Managing Director of the European Investment Bank, Markus Bernd, expressed great interest in financing the Kambarata HPP 1 project, as reported by the website of the Cabinet of Ministers.
According to the report, Markus Bernd highly appreciated the project and noted that reputable financial institutions such as the World Bank, the Asian Development Bank, and the Asian Infrastructure Investment Bank have also expressed readiness to finance the construction of Kambarata HPP 1. This indicates that the project is considered very promising and relevant in today’s context.
The Cabinet noted that Markus Bernd has identified key representatives of the bank who will begin studying the project and the issues related to its financing.
The involvement of such prestigious financial institutions signals a positive outlook for the Kambarata HPP 1 project and highlights its significance in the current economic landscape. Stay tuned for more updates on this developing story.
For more news, please visit 24.kg news agency.
