Investments of KyrSEFF for preservation of the Issyk-Kul lake

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On April 19, 2017 the Kyrgyz Sustainable Energy Financing Facility (KyrSEFF), in partnership with the European Bank for Reconstruction and Development (EBRD) and the District Administration of Issyk-Kul District, organized a seminar entitled “The implementation of treatment facilities in Issyk-Kul: mechanisms for obtaining financing and technical assistance” in the Cholpon-Ata city (Issyk-Kul Oblast). The event was attended by more than 50 representatives of the tourism sector, companies supplying energy and resource-saving technologies, as well as governmental organizations.

The KyrSEFF+ team organized this interactive platforms for the promotion of partnerships between tourism businesses of the Issyk-Kul region, supplier companies and representatives of boarding houses and resort facilities. The seminar provided knowledge about existing modern technologies for energy savings, where energy and cost savings lead toincreased business efficiency and also preserve the environment.

“The KyrSEFF team offers not only profitable investments to businesses, but also provides technical support in the project development. We will help you find the suitable equipment, the installation of which will reduce economic costs, expand business and improve the quality of services provided to the public. Thus, return on the investment is ensured, ” said Bakyt Askarbekov, KyrSEFF+ financial expert.
Danir Imanaliev, the Head of the Issyk-Kul District State Administration, outlined the existing environmental problems of the biosphere zone, noting that Kyrgyzstan is developing a new technology market every year and there are profitable financial opportunities. As an example, he presented the investments and technical assistance of the KyrSEFF program, developed by the EBRD and supported by the European Union.
“Over the past 3 years, the state has invested about 15 million soms in the installation of modern waste water treatment systems. But the situation is still unresolved. Most private guest houses work without water purification technologies. The equipment of many resorts needs to be updated. And in this case international financial institutions help the Kyrgyz Republic, offering profitable financing to tourism and restaurant businesses of Issyk-Kul,” said Daniyar Imanaliev.
The Issyk-Kul region is home to a large number of business facilities. Over 140 resorts and hotels, about 300 private guest houses. According to the information of the regional center for disease prevention and state sanitary epidemiological surveillance, 38 companies did not meet their requirements in 2016 and they did not receive operating permits.
The resource-saving project of the Ak-Bermet hotel was presented at the meeting. The hotel installed a waste water treatment facility which meets international standards. Akzholtoi Nasiridinov, the general director of the Ak-Bermet hotel, the president of the Issyk-Kul Association of Recreational Institutions, called the current situation for ensuring the safety of the Issyk-Kul lake difficult and requiring immediate action.
“We are responsible to the future generation. We must make every effort to preserve our nature and invest in the installation of green technologies, “- said the entrepreneur.
During the breaks the representatives of KyrSEFF+ conducted individual consultations. Businessmen were interested in the procedures to obtain loans and grants, were consulted on promising projects for the installation of solar systems, solar collectors, equipment for water purification, rain water harvesting and water recycling systems.
This event shows the interest of the private sector in applying new technologies and financial instruments to implement innovative solutions.

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