Kyrgyzstan demonstrates accelerated rates of attracting foreign direct investment

Сергей Гармаш Economy
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According to the Eurasian Development Bank, the growth of foreign direct investment (FDI) in Kyrgyzstan from the countries of the Eurasian region significantly outpaces the average indicators for this region, nearly threefold.

It is important to note that the Eurasian region includes the CIS countries, as well as Georgia, Mongolia, and Ukraine, highlighting the wide range of investors interested in Kyrgyzstan.

Over the past year and a half, accumulated investments from the aforementioned countries in Kyrgyzstan have increased by 21%, while the overall figure for the Eurasian region was only 6.2%, according to the EDB report.

The total volume of FDI reached 2.4 billion US dollars. The main contributors were Russia with investments of 300 million dollars and Uzbekistan — 120 million dollars.

Among the key sectors contributing to growth are electricity generation (+210 million dollars) and manufacturing (+95 million dollars).

All projects planned for 2024–2025 fall into the greenfield category, including the construction of a solar power plant and a health resort complex in the Issyk-Kul region.

Interest in Kyrgyzstan's economy from investors in the Eurasian region continues to grow. The country's investment model is gradually shifting towards the creation of new production facilities and projects in the field of renewable energy sources, as stated in the report.
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