Thursday, August 02, 2012 -
Turkey will invest further in the Kyrgyz economy and build a bread factory worth $7.5 million, the mayor of Bishkek told reporters today.
The meat factory will be located in the Kyrgyz capital Bishkek, Mayor Isa Omurkulov said on Thursday.
“We plan to complete construction of the plant in two or three months,” the Knews.kg news agency reported the mayor as saying.
“Its capacity will be 8000 loaves of bread per hour.”
Plans for the Turkish-financed bakery first came to light in July 2011.
The factory is necessary because there currently is not enough bread produced to meet the needs of the capital. The mayor believes that the construction of this plant will positively affect the price of bread in Bishkek.
Turkey has been increasing its investment not just in Kyrgyzstan but throughout Central Asia, as it intends to become more involved in regional affairs.
Turkey earlier this year agreed to loan $106 million to the Kyrgyz government to help the country recover from the violence that destabilized its economy two years ago.