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News Eurasian Development Bank funds Kulanak hydropower plant and Kant cement plant expansion

Eurasian Development Bank funds Kulanak hydropower plant and Kant cement plant expansion

Written by Global Cement staff 23 May 2024
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Kyrgyzstan: The Eurasian Development Bank is financing the construction of the Kulanak hydropower Plant with a capacity of 100MW and a new clinker line at the Kant cement plant.

"The substantial growth in the bank's investment portfolio in Kyrgyzstan, which reached 61.6% of the investments planned in the country strategy for 2022-2026, reflects the bank's commitment to increasing its project activities in the region," said Nikolai Podguzov, Chairman of the EDB Board, during a meeting with Kyrgyzstan's Finance Minister, Almaz Baketaev.

Last modified on 29 May 2024
Published in Global Cement News
Tagged under
  • Kyrgyzstan
  • Eurasian Development Bank
  • Clinker
  • line
  • Investment
  • GCW661

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