Kuwait Fund to allocate $1 million to Kyrgyzstan for water supply project
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The Kuwait Fund for Economic Development is ready to sponsor water supply projects in Kyrgyzstan. Press service of the Ministry of Finance reported.
Meeting of the First Deputy Chairman of the Cabinet of Ministers Adylbek Kasymaliev and the Minister of Finance Almaz Baketaev with the Director of the Operations Department of the Kuwait Fund for Economic Development Abdulla Al-Musaibih took place at the site of the annual meeting of the Board of Governors of the Islamic Development Bank.
Adylbek Kasymaliev proposed to consider implementation of projects in the development of the water supply and sanitation system in Kyrgyzstan, which will improve the social level of the population.
The Kuwaiti side informed about the possibility of approving grant and technical assistance for the development of a feasibility study for infrastructure projects in the amount of $1 million, which will provide maximum assistance in the sustainable implementation of joint projects with the Kuwait Fund.
The parties noted the need to step up joint efforts to achieve effective cooperation.
Source: 24.kg News Agency