Development of the Road Network in Bishkek (2nd phase)
Location: Bishkek, Kyrgyzstan
Sector: Rail and Road Connectivity
Source of funding: Grant form the government of PRC
Total cost: USD 44 mln
Implementer (contractor/ operator): China Road and Bridge Corporation
Start (of construction): 20 December 2017 (agreement signed)
Planned completion: -
INVESTORS SUMMARY
Government of the People’s Republic of China - A bilateral agreement.
China Road and Bridge Corporation is one of the four large state-owned companies in China that earliest entered into the international engineering contracting market. CRBC mainly undertakes contracting, investment, development and operation projects such as road, bridge, port, railway, airport, tunnel, real estate and industrial parks. Guided by the “Go Global” and “Belt and Road” initiative of China has seized the opportunity for CRBC to expand business and raise core competitiveness. China Road and Bridge Corporation (CRBC) entered the market of Kyrgyzstan in 2001 and formally established Kyrgyzstan Office in 2002. Since its establishment, CRBC Kyrgyzstan Office has undertaken over 20 projects with an accumulating distance of 658km. And its key ongoing projects mainly include North-South Second Highway Construction Phase I and North-South Second Highway Construction Phase II.
DESCRIPTION OF THE PROJECT
The second phase of this project has not yet begun. While only the amount of funding and work has been determined, the timeframe is still unknown. It provides for the reconstruction and rehabilitation of 60 road sections, with a length of about 74 km.
LINKS