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    Kyrgyzstan

    Kyrgyzstan and World Bank collaborate on $52.4mn sustainable landscape restoration project

    Kyrgyzstan and World Bank collaborate on $52.4mn sustainable landscape restoration project

    Kyrgyzstan forges a strategic alliance with the World Bank to spearhead the "Sustainable Landscape Restoration in the Kyrgyz Republic" project, with a significant investment totaling $52.4mn, the Cabinet of Ministers of Kyrgyzstan reported. This transformative initiative aims to confront the escalating risks posed by climate change through the meticulous construction of vital infrastructure, including dams and bank protection structures, strategically positioned along susceptible riverbeds.

    Kyrgyzstan takes proactive stance against climate change impacts
    Photo: Strategic partnership aims to fortify Kyrgyz landscap
    Source: Cabinet of Ministers of Kyrgyzstan

     

    To bolster the agricultural sector and fortify against the impacts of climate change, Akylbek Zhaparov, Chairman of the Cabinet of Ministers and Head of the Administration of the President of the Kyrgyz Republic, participated in a pivotal agricultural forum. The event, aimed at fostering a sustainable agro-industrial landscape within Kyrgyzstan, showcased a collaborative effort between government entities and international organizations.

    "Today at this site there will be the signing of an agreement on the implementation of the project 'Sustainable Landscape Restoration in the Kyrgyz Republic' between the Cabinet of Ministers and the World Bank in the amount of $52.4mn," stated Zhaparov. 

    He further outlined the projected benefits, estimating the preservation of approximately 10,000 households and averting economic losses totaling $82.9mn.

    Photo: Akylbek Zhaparov, Chairperson of the Cabinet of Ministers
    Source: Cabinet of Ministers of Kyrgyzstan

     

    Zhaparov underlined the region's future challenges, including population growth, increased food demand, and heightened water consumption, emphasizing the need for collaborative efforts to address these issues. Highlighting water as the lifeline of Central Asia, he advocated for the utilization of water and green energy as pivotal drivers for sustainable development across the region.

    Moreover, Zhaparov provided insights into Kyrgyzstan's economic outlook, citing forecasts by the Ministry of Economy and Commerce for 2024, indicating a projected GDP of KGS 1.41bn ($15.8mn) and a real growth rate of 6.0%. Additionally, he outlined plans to enhance agricultural output by 2.8% in 2024, underscoring the importance of stability in food prices to safeguard citizens from global market fluctuations.

    Looking ahead, Zhaparov unveiled plans by the Ministry of Agriculture, including the establishment of 11 Agricultural Technical Schools (MTS) nationwide and the launch of several large infrastructure projects and trade centers. These endeavors aim to bolster the agricultural sector and enhance trade and logistics capabilities within the country.

     

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    02.04.2024, 13:31   Comments (0)   1496
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    05.03.2024, 18:04

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