kyrgyzstan hails historic chinafinanced power line
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Kyrgyzstan hails 'historic' China-financed power line

Arab Today, arab today

Arab Today, arab today Kyrgyzstan hails 'historic' China-financed power line

Electric pylons
Bishkek - AFP

Ex-Soviet republic Kyrgyzstan on Friday inaugurated a Chinese-financed power line officials say will bring energy independence to the country, one of the many projects Beijing has sponsored in the region.

The 450-kilometre Datka-Kemin power line is expected to save Kyrgyzstan millions in transit fees, as its electricity will no longer pass through neighbouring Uzbekistan and Kazakhstan.

"We are witnessing a historic event," Kyrgyz President Almazbek Atambayev said at the power line's inauguration in the provincial town of Kemin. "Workers in the energy sector, especially veterans, are well aware of this. Today we can say that Kyrgyzstan gained energy independence."

In the Soviet era, the electrical grids of Central Asia republics were unified, meaning that as much as one third of Kyrgyzstan's domestically-produced energy transited through Uzbekistan and Kazakhstan before returning to the country.

The $390 million deal to build the power line was struck with the Chinese Tebian Electric Apparatus Stock Company (TBEA) in 2010.

China's economic influence in Central Asia has grown tremendously in the last decade, surpassing its traditional partner Russia in regional trade and encompassing deals worth tens of billions of dollars with energy-rich Kazakhstan, Turkmenistan and Uzbekistan.

China, to which Kyrgyzstan owes more than $1 billion in external debt, is also financing a number of other key projects in the resource-poor country.

In June, Beijing allocated $300 million in credit to help Kyrgyzstan build a North-South road across its territory.

Since the mid-1990s China has pledged to build a railway up to 300 kilometres-long linking its restive western Xinjiang region to Uzbekistan via Kyrgyzstan.

The railway -- which would cost over $2 billion -- is opposed by many in Kyrgyzstan, who argue it could lead to overwhelming migration from the country's 1.3 billion-strong neighbour and add to growing dependence on Beijing.

These projects complement Beijing's Silk Road Economic Belt, a vision of massive investments in infrastructure and trade links across Eurasia to increase its heft in the vast region.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kyrgyzstan hails historic chinafinanced power line kyrgyzstan hails historic chinafinanced power line

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kyrgyzstan hails historic chinafinanced power line kyrgyzstan hails historic chinafinanced power line

 



GMT 21:52 2017 Thursday ,19 October

Israeli forces arrest 7 Palestinians in West Bank

GMT 15:41 2017 Wednesday ,04 October

Putin warns against double standards in war on terror

GMT 23:42 2017 Monday ,18 September

Mattis 'shocked' by low level of US military readiness

GMT 17:36 2017 Saturday ,14 October

What's at stake for business in Iran's nuclear deal

GMT 14:14 2017 Saturday ,11 February

Ghada Adel praises participation with Adel Imam

GMT 21:00 2017 Thursday ,05 October

Scores of settlers storm into Al Aqsa

GMT 11:56 2017 Wednesday ,29 November

Iraqis throng to Picasso in Baghdad

GMT 05:43 2018 Wednesday ,12 September

"Ala" Syria determined to liberate Idleb from terrorism

GMT 19:47 2018 Thursday ,18 January

Sultan Al Qasimi launches Sharjah real estate projects

GMT 10:58 2017 Thursday ,20 April

Kabbara meets Saudi counterpart, IMO chief in Cairo

GMT 00:10 2017 Tuesday ,10 October

Turkey calls for new round of Syria talks in Geneva

GMT 00:29 2017 Tuesday ,24 October

HM King congratulates UN secretary-general

GMT 10:42 2017 Monday ,22 May

Egypt refers 48 IS suspects to military court
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday