Business center to be built on site of Naryn restaurant in Bishkek

The President of Kyrgyzstan laid a capsule at the construction site of a multifunctional modern complex, which includes a five-star hotel, a business center, residential and retail space in the central part of Bishkek, at the site where the Naryn restaurant was previously demolished.

Sadyr Japarov emphasized that the new building, being built in the very center of the capital of independent Kyrgyzstan, should be distinguished by modern design, decorating Bishkek and providing comfortable conditions for residents of the city.

The President expressed confidence that the capital’s City Hall, making a decision to support the construction of the building, carried out a comprehensive analysis and assessment of the appearance of the complex, soil conditions and seismic resistance, because many people will work there and visit it.

As Sadyr Japarov noted, a number of large construction projects are currently underway, contributing to the development of the construction industry at a rapid pace. He again repeated the appeal to all domestic and foreign investors who want to invest in Kyrgyzstan, and noted that the state policy is to create favorable conditions for the successful work of investors in any area, for which various preferences are provided — for example, the state is ready to provide free land plots, provide benefits for customs duties and tax payments.

«The most important thing is that we have established stability, and our citizens are well aware that until there is stability in the country, there will be no progress,» Sadyr Japarov stressed.

The design of the multifunctional complex provides for a modern five-star hotel with 296 rooms that meets international standards. It also provides residential apartments, retail space and underground parking for more than 1,200 cars.

The cost of the project is $321 million.

The project is being implemented by international companies — a branch of Feb Group LLP, Hyper Partners, ARIYA, Core Architecture and the construction company Gurgoli (Turkey).

Source: 24.kg News Agency