Bishkek (TDI): The Chairman of the Cabinet of Ministers of Kyrgyzstan, Akylbek Japarov, and Chinese Ambassador to Kyrgyzstan, Du Dewen, participated in a capsule-laying ceremony for a significant trade and logistics center in the village of Leninskoye, located in the northern Chui region.
The Manas Trade and Logistics City, situated just north of the capital, Bishkek, and near the Kazakhstan border, will feature a trading hub, an international exhibition center, a warehouse and logistics center with bonded areas, retail marketplaces, hotels, and residential compounds.
The project is a collaborative effort between a Chinese investor and a management company in which the Kyrgyz Cabinet of Ministers will hold a 49% stake.
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During the ceremony, Japarov emphasized the project’s scale, stating, “We are launching a major initiative—not just the construction of a trade and logistics center, but an entire town. It will encompass 30,000 retail outlets, cover 700 hectares, and involve a total investment of $4.2 billion, with $700 million allocated for the first phase of construction. This center will be as vital and functional as the largest sea ports.”
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Japarov highlighted that the establishment of this facility would significantly enhance regional and international trade, create new job opportunities, and improve conditions for product exports.
China is currently one of Kyrgyzstan’s largest trading partners, with bilateral trade reaching $20 billion in 2023, marking a 32% increase from the previous year, according to official statistics.