Thursday, June 07, 2012 -
Kyrgyz Prime Minister Omurbek Babanov said on Thursday that the $106 million loan provided by Turkey will be used for constructing schools and improving irrigation systems.
Babanov wrapped up on Wednesday a visit to Turkey for bilateral economic talks, and secured the $106 million loan during meetings with Turkish leaders, and announced how the money would be spent at a press conference in the Kyrgyz capital Bishkek.
“$21 million will be spent on construction and renovation of schools in those districts where students were taught in tents,” the Kabar.kg official news agency reported Babanov saying.
“$52 million is directed to the introduction of new irrigation networks, $21 million will improve the road infrastructure of the capital [Bishkek], and $11 million [will be used] for the purchase of special equipment for the regions of the country.”
Some of the funds provided by Turkey will also be bookmarked for use in the southern provinces to rebuild bridges. The south is prone to mudslides and flooding, which regularly damages infrastructure.
Babanov undertook his international tour to drum up investment in the Central Asian state by visiting South Korea, Turkmenistan, and Turkey.