Cabinet of Ministers expect this approach to make the project a model initiative for the region’s tourism sector.

The state partner will be the state enterprise Unified Management Company Issyk-Kul. The project will also involve the National Investment Agency under the President. Together, they will sign an official PPP agreement with the private partner Kedra LLC.

The Relax-Inn hotel project is part of a broader expansion of public-private partnerships in Kyrgyzstan. The PPP center’s portfolio now exceeds 90 initiatives, with total investments of more than 456 billion soms.