Sydykov noted that the country has over 1,000 registered deposits, but less than half of them are feasible for development.
Of the 20 critical minerals that are recognized globally, only seven are actively being developed in Kyrgyzstan, he added.
According to Sydykov, for the sector to develop dynamically, modern technologies, qualified specialists, and investments are needed. "Every dollar invested in the accessibility of geological data brings in 7.3 dollars in revenue," he emphasized.
Furthermore, the head of the International Business Council noted that Kyrgyzstan has not yet transitioned to international GORC standards and other modern methods of managing geological data.
The "B5+1" initiative is being implemented by the Center for International Private Enterprise (CIPE) as part of the "Improving the Business Environment in Central Asia" (IBECA) program, supported by the U.S. Department of State.
