Eurasian trade and logistics complex to be built in Kyrgyzstan for $700M

The Kyrgyz Cabinet of Ministers and Kyrgyz-Chinese Investment Holding LLC have signed an investment agreement on the implementation of the Eurasian Trade and Logistics Complex project, Report informs referring to local media.

The signing of the document took place as part of a meeting between the head of the Cabinet of Ministers, Akylbek Japarov, and the delegation of the Chinese Chamber of Commerce for international cooperation in the private sector of the economy.

“The center will be built on the territory of the Chui region, the total investment value will be more than $700 million. The project includes a trade city, an international exhibition center, a warehouse and logistics center with bonded zones, marketplaces for large equipment, housing and hotel complexes,” reads the statement.