Kabar. President of the Kyrgyz Republic Sadyr Zhaparov received today Chief Executive Officer of the Saudi Development Fund Sultan Abdurlahman Al-Marshad.
The press service of the head of state said that an exchange of views took place on the prospects for joint projects and further development of joint cooperation.
President Zhaparov, noting that Kyrgyzstan attaches great importance to expanding all areas of cooperation with the Fund, expressed gratitude for supporting the economic development of Kyrgyzstan through the implementation of a number of projects in various fields.
In particular, Sadyr Zhaparov stressed that today agreements were signed on the implementation of two important projects for Kyrgyzstan: the Housing Program of the Kyrgyz Republic "My Home" and the reconstruction of the Suusamyr-Talas-Taraz highway. The Cabinet of Ministers of the country has been tasked with ensuring the timely and high-quality implementation of these projects, since they are under its personal control.
The president emphasized that of $100 million of the Fund under the signed agreement will be directed to the construction of affordable housing for the population. This is a great contribution from the Fund to the social program of the country. One of the main tasks of the state is to provide its citizens with housing. In general, by 2026, as part of the My Home 2021-2026 program, it is planned to provide more than 50,000 people with houses.
Sadyr Zhaparov expressed readiness to continue fruitful cooperation with the Saudi Development Fund, noting that other joint projects that had been idle for a long time would be launched by the end of the year.
At the same time, the head of state paid special attention to the existing prospects for the implementation of projects in the field of construction and reconstruction of hydroelectric power stations in the country. In this context, Sadyr Zhaparov proposed to the head of the Fund to consider the possibility of the Fund's participation in the implementation of hydropower projects.
For the significant contribution of the Saudi Development Fund to the socio-economic development of the country and for its support in the implementation of important projects, President Zhaparov awarded Sultan Abdurahman Al-Marshad with the Certificate of Honor of the Kyrgyz Republic.
In turn, Sultan Abdulrahman Al-Marshad expressed gratitude for the warm welcome and the high award. He noted that over the past two years, the parties have managed to implement a number of social and infrastructure projects in Kyrgyzstan.
Sultan Abdulrahman Al-Marshad also stressed with satisfaction that during this period, cooperation between the Fund and Kyrgyzstan has moved to a new level and they are ready to continue fruitful work in this direction.