Off the wire
• One should not doubt or even deny "one country, two systems" in Hong Kong: China's top legislator  • Queen Elizabeth II outlines slew of measures in British parliament address  • Commentary: China not to blame for crisis in U.S. steel industry  • China's top legislator stresses central government's "three unswervings" toward Hong Kong  • Aid enters town near Damascus for first time in 4 years  • EIF signs deal to provide 80 mln euros to Italian SMEs  • Israel's PM invites hawkish lawmaker to "urgent" coalition talks  • Eurozone inflation confirmed at -0.2 pct in April  • Germany to promote electric cars with subsidies, tax-exemption  • Urgent: Aid enters town near Damascus for first time in 4 years  
You are here: 　 Home

Interview: Kyrgyzstan welcomes Chinese investors under Belt and Road Initiative -- Kyrgyz official

Xinhua, May 18, 2016 Adjust font size:

Kyrgyzstan welcomes Chinese investors to come and explore business and investment opportunities in the Central Asian country, a Kyrgyz government official told Xinhua in an interview here Wednesday.

Alymbek Orozbekov, director of the Kyrgyz investment department under the Economy Ministry, said that the cooperation between the two countries has become increasingly active thanks to the China-proposed Belt and Road Initiative.

Like many other countries in the region, Kyrgyzstan has been trying to attract Chinese investments and forge a sound business climate, he said.

The initiative "is a new and beneficial concept for the region," Orozbekov said, adding his country fully supports the initiative.

In the past two years, China has been assisting Kyrgyzstan in undertaking a series of projects to promote inter-connections, such as the road construction and repair project around Lake Issyk-Kul, the opening of an oil refinery factory, and the "Datka-Kemin" 500kV power transmission line, which, built by the Chinese company TBEA, has provided the Kyrgyz people with more convenient access to electricity and helped the country gain its highly sought-after energy independence.

Although there were some problems at the beginning of these projects, the Kyrgyz government said it fully understands them and after discussing them, almost all difficulties had been settled.

"We don't have any conceptual problems or challenges" now, he said.

Orozbekov hoped that the visit to his country earlier this May by the Chinese Manufacturers' Association of Hong Kong, during which the delegation signed a memorandum of understanding with his department, could help boost cooperation between Kyrgyzstan and China. Endi