Kyrgyzstan and China signed agreements worth $1.1 billion
Author - Mansur Ismagulov
The Tech AI
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At the "Kyrgyzstan — China" business forum, agreements totaling more than a billion dollars were signed. Among the key documents are a memorandum on the construction of a drone assembly plant, an investment agreement for a coal logistics center, and projects for a wind power plant and the repair of a thermal power plant. Chinese investors have confirmed their readiness to participate in major projects in the country.
On the final day of the business forum “Kyrgyzstan — China,” agreements and memorandums totaling more than one billion dollars were signed. Among the key agreements were an investment agreement for the construction of a coal logistics center, memorandums on the creation of a wind power plant, and major repairs to a thermal power plant. However, one of the most interesting events was the signing of a memorandum on the implementation of a project to build a drone assembly plant.
Drones, or unmanned aerial vehicles, have become the subject of heightened interest in both military and civilian sectors. They have found wide application in various industries, from monitoring agriculture and infrastructure to cargo delivery and film shooting.
The signing of a memorandum on cooperation in the field of drone assembly represents an important step in the development of Kyrgyzstan's technological sector. This project can become a catalyst for the growth of the country's innovative economy and the creation of new jobs. Moreover, cooperation with a Chinese company in this field opens up broad prospects for the development of product exports and attracting foreign investment.
Chinese investors also confirmed their interest in further cooperation with their Kyrgyz counterparts and their readiness to participate in the implementation of large-scale investment projects in the country.
Source: kabar.kg
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