Bishkek, April 23, 2025. /Kabar/. As part of the IMF and World Bank Group Spring Meetings in Washington, a meeting was held between Chairman of the Cabinet of Ministers - Head of the Presidential Administration of Kyrgyzstan Adylbek Kasymaliev and the World Bank Regional Director for Infrastructure for Europe and Central Asia Charles Cormier.
The Cabinet of Ministers reported that the key topic of the talks was the discussion of the progress and prospects for the implementation of the Kambarata HPP-1 construction project, which is of strategic importance for energy security and economic development not only in Kyrgyzstan, but also in the entire Central Asian region.
Adylbek Kasymaliev expressed gratitude to the World Bank for many years of fruitful cooperation, especially noting the personal role of Charles Cormier in promoting the Kambarata HPP-1 project. He recalled a series of events held earlier to attract investment and mobilize resources for this important project. The head of the Cabinet emphasized that the development of energy infrastructure is a priority for the government of Kyrgyzstan, especially in the context of a growing economy and the need to attract private investment.
Particular attention was paid to accelerating the implementation of the Kambarata HPP-1 project. Adylbek Kasymaliev announced the involvement of an international company to develop a draft intergovernmental agreement between Kyrgyzstan, Kazakhstan and Uzbekistan, as well as plans to complete the update of the feasibility study and environmental impact assessment by May of this year. He expressed hope that these steps will allow the project to be submitted to the World Bank Board of Directors in September-December 2025.
The importance of the Kambarata HPP-1 in the context of combating climate change was emphasized. It is expected that the power plant will generate 5.5 billion kWh of electricity per year and reduce carbon dioxide emissions by 6.5 million tons, which is 43% of the Kyrgyz Republic's commitments under the Paris Agreement by 2030. Charles Cormier, in turn, confirmed the World Bank's readiness to provide comprehensive support to the Kambarata HPP-1 project and noted its importance for energy stability and sustainable development of the region. The parties expressed confidence in further strengthening cooperation between the Kyrgyz Republic and the World Bank in the field of infrastructure development and the successful implementation of joint projects aimed at improving the quality of life of the population and ensuring sustainable economic growth of the country.