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Modernization Projects of JSC Mailuu-Suu Lamp Plant

September 26, 2024
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As is known, this year marks the 100th anniversary of the establishment of the Kara-Kyrgyz Autonomous Region. Following the Decree of the President of the Kyrgyz Republic "On celebrating the 100th anniversary of the formation of the Kara-Kyrgyz Autonomous Region," dated October 24, 2023, the Cabinet of Ministers is launching 100 industrial enterprises across the country.

In March and August of this year, JSC Mailuu-Suu Lamp Plant received financing from the Hungarian-Kyrgyz Development Fund (hereinafter referred to as the Fund or HKDF) totaling USD 500,000 for the purchase of technological equipment from the Hungarian Tungsram factory. In June 2024, the equipment for the first project arrived from Hungary, and the plant began commissioning activities.

On September 26, N.N. Sharsheeva, a member of the HKDF Board, visited the project site and reviewed the operation of the AKV-400 flask blower in standard mode. The investments from the Hungarian-Kyrgyz Development Fund aim to reduce production costs by increasing productivity, lowering maintenance and repair expenses, expanding the product range, and improving product quality.

The financing provided by the Hungarian-Kyrgyz Development Fund supports the government’s program for the reconstruction and modernization of the Mailuu-Suu Lamp Plant, which is backed by the state budget with an allocation of 1 billion som.

For reference:

The terms of financing from the Fund can be found on the website via the following link: https://www.hkdf.kg/frontend/web/application/index?language=en