Kyrgyzstan set to establish new trade and logistics city

BISHKEK, Kyrgyzstan, October 1. Kyrgyzstan is
set to establish a new trade and logistics city named Manas near
its capital Bishkek, Trend reports.
The Cabinet of Ministers has approved an amendment to the
investment agreement with the Kyrgyz-Chinese Investment Holding
concerning the Eurasian Trade and Logistics Complex project. The
project has been rebranded as Trade and Logistics City Manas. The
original agreement, signed on December 8, 2023, in Bishkek, was
updated.
The head of the Alamudun district has been directed to allocate
456 hectares of land for the project, which will be granted for 49
years.
As per the document, a management company will be established
with a 51 percent ownership stake, while the remaining 49 percent
will be held by the government. As residential complexes are
completed, 10 percent of the residential space will be transferred
free of charge to state ownership.



The country's National Investment Agency reported earlier that
the investment in the project will total $700 million. Manas will
feature a trade city, an international exhibition center, a
warehouse and logistics hub with bonded zones, marketplaces for
large equipment, as well as residential and hotel complexes,
according to the Cabinet.

• Trade
• Kyrgyzstan
• Bishkek
• Logistics
• City
• Manas