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The OPEC Fund
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Development
  1. Operations
  2. Issyk-Kul Ring Road Project (Korumdu-Karakol Section 2N)

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Issyk-Kul Ring Road Project (Korumdu-Karakol Section 2N)

Kyrgyz Republic

Borrower Kyrgyz Republic
Financing Type Public Sector
Instrument Project Loan
Focus Area Transportation
Approved 12.12.2017
Signed 15.03.2021
Status Ongoing
Loan Administrator ISDB
Executing Agency Ministry of Transport and Roads
Co-financiers ABUDF, ISDB, KFAED, SFD, Government of Kyrgyz
OPEC Fund Contribution (US$m) 10.00
Total Project Cost (US$m) 128.02

To upgrade a 116km section of road that serves 17 urban / semi-urban settlements populated by around 700,000 people. On completion the project will increase access to social services, marketplaces and production centers, thereby opening economic opportunities and improving living conditions.

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