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Location:
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Zheti-Oguz district, Issyk Kul region
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Sector:
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Mineral and petroleum exploration, mining and processing
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Total cost:
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$ 500 mln
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Chinese partner:
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China Global Company for the Import and Export of New Technologies in Kyrgyzstan
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Kyrgyzstani partner:
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Construction start:
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2002
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Putting into commission:
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canceled
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The Togolok gold deposit is located in the Zheti-Oguz district of the Issyk-Kul region, the size of which is 600 hectares.
China Global Company for the Import and Export of New Technologies in Kyrgyzstan started its preparations in 2002. Huge work ahead of the foreign investor was in developing the Togolok field, including 30 km power lines to stretch, building new roads for heavy vehicles, erecting the entire infrastructure, creating a mining and processing plant and a residential village. The investor planned to invest about $ 500 million in these projects. It was assumed that after the commissioning of three fields, up to 1,500 Kyrgyz citizens would be employed. However, in 2008 the license was canceled. [1]