On June 7, 2024, an investment agreement was signed between the Ministry of Economy and Commerce of the Kyrgyz Republic and the Korea International Cooperation Agency (KOICA) for an amount of 10 million US dollars.
This agreement aims to update the fleet of Kyrgyz Post JSC, supporting a project to introduce electric vehicles and electric charging stations to improve transport logistics and address climate change based on ESG principles.
Of the total investment amount of 7.5 million US dollars, funds will be allocated for the purchase of electric vehicles and the creation of necessary infrastructure for Kyrgyz Post JSC. This will allow Kyrgyz Post JSC to become one of the largest green logistics companies in Kyrgyzstan, minimizing the impact of the logistics network and emissions on the environment. Kyrgyz Post JSC intends to operate based on ESG principles (ESG strategy – a company’s management and development approach based on three core factors. These factors form the ESG acronym: Environment, Social, Governance).
Electric vehicles worth 2.5 million US dollars will be purchased for state agencies of the Kyrgyz Republic for official use and to reduce gas emissions.
For reference: During the 2022-2023 period, substantial work was done to protect the project by developing technical and economic specifications. In addition, Kyrgyz Post JSC expresses its gratitude to the Ministry of Economy and Commerce of the Kyrgyz Republic, and personally to Minister Amangeldiev Daniyar Zholdoshovich.
The implementation of the project will make Kyrgyz Post JSC a more environmentally friendly and energy-efficient company. It will also contribute to improving air quality in Kyrgyzstan, reducing greenhouse gas emissions, and enhancing the quality of life in the country. Overall, the project will have a positive impact on the economy and environment of the Kyrgyz Republic.













