The Ukrainian Metal

Kyrgyzstan: development of deposits to yield $83.3 billion

Geologists calculated how much Kyrgyzstan might get from the development of deposits, Duishenbek Kamchybekov, the First Deputy Chairman of the Association of Miners and Geologists, reported.

According to him, Issyk-Kul region may receive $9.4 billion from development of deposits, Talas – $1.5 billion, Chui – $1.8 billion, and Jalal-Abad – $9.2 billion.

“Batken region is a god-forgotten region, backward area, but there are minerals worth $38.4 billion. These deposits are not equal in importance to Kumtor and Jerooy. The reserves of Naryn region are estimated at $32.5 billion,” said Duishenbek Kamchybekov.

He added that the total possible profit was $83.3 billion.

“To get this money, it is necessary to develop geology, improve legislation, work with the population. Discontent of local residents can be resolved with the help of a social package, and work must be started only after obtaining justifications and conclusions,” explained Duishenbek Kamchybekov. (24.kg/Ukrainian metal)

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