BISHKEK, Kyrgyzstan, April 4. Kyrgyzstan’s Kyrgyzkomur state enterprise and China's Huaxin coal industrial company have inked three agreements worth $11 million, Trend reports.
According to a document from the Ministry of Energy of Kyrgyzstan, these agreements include joint development of the Tulak section of the Kök-Janggak coal deposit in the Jalal-Abad region of Kyrgyzstan with an investment volume of $5 million, as well as joint geological exploration of the Tulak section with an investment volume of $1 million.
Furthermore, Kyrgyzkomur and Huaxin signed a contract for the joint development of the Markai section of the Kök-Janggak coal deposit, amounting to $5 million.
To note, these documents were signed following the Kyrgyzstan-China business forum held in Bishkek. In total, seven documents were signed, amounting to $1.151 billion in the energy and mining sectors.
The forum attracted significant participation from both Chinese and domestic companies, highlighting their eagerness to engage in collaborative ventures.