President of Kyrgyzstan has instructed to allocate 1 billion soms ($11. 2 million) from the nation’s price range to the “Kyrgyzgeology” state enterprise in 2024 for analysis and geological exploration, Trend reviews.
This was introduced by Akylbek Japarov, the Chairman of the Cabinet of Ministers of Kyrgyzstan, throughout an occasion commemorating the 85 anniversary of the Kyrgyz Geological Service.
Additionally, the Mining and Metallurgical Institute, named after Academician U. Asanaliev, was assigned with the duty of enhancing workforce preparation within the mining sector.
In his handle, Japarov emphasised the essential function of geology within the financial and environmental improvement of the nation, highlighting the mining business’s vital contribution to the nationwide price range.
“As a results of the colossal efforts of a number of generations of geologists, over 15,000 mineral deposits have been found in Kyrgyzstan, with detailed research carried out on 500 of them,” he mentioned.
According to the State Statistical Committee of Kyrgyzstan, the worth of mineral extraction in Kyrgyzstan reached 31.802 billion soms ($358.4 million) from January by means of August 2023, which is an 8.9 % enhance year-on-year.
Source : BusinessLend
