Published
10/11/2025, 13:01The European Union will allocate $1 billion to Kyrgyzstan for the construction of Kambar-Ata-1. This was reported by the press service of the Ministry of Energy.
The funds will be provided as part of a $2.4 billion financing package that the EU will allocate to three countries — Kyrgyzstan, Uzbekistan and Kazakhstan — for the implementation of a joint hydropower project.
Memoranda of financing have been signed with the European Investment Bank and the European Bank for Reconstruction and Development. Each of them will allocate $500 million.
It should be recalled that the documents were signed by Energy Minister Taalaibek Ibraev during the Global Gateway forum, which took place on 9–10 October in Brussels.
