Against the backdrop of forecasts for a significant increase in meat prices in international markets, agribusinessman Bakytbek Mamytkanov, together with the Agricultural Holding of the Kyrgyz Republic, has proposed an initiative to launch an urgent program to stabilize the situation within the country.
He noted that without prompt measures, meat prices in Kyrgyzstan could rise significantly, leading to increased inflationary pressure.
The need for the allocation of 2 billion soms
The main idea of the initiative is to allocate 2 billion soms for the implementation of a special project for the fattening of cattle (bovine livestock). The purchase of bulls should begin immediately, and the fattening will be organized at existing sites in the Chui region.
As Mamytkanov emphasizes, all necessary facilities and infrastructure are already prepared. Even if financing is delayed, entrepreneurs are ready to start work as soon as they receive approval from the government.
- We have facilities for fattening. We are ready to purchase bulls and launch an intensive fattening process. In two months, we will be able to offer meat on the market, - he added.
Sale of meat at affordable prices in Bishkek
The project envisages the sale of meat at social prices through 11 specialized retail outlets in Bishkek. The initiators are confident that the cost of the products will be lower than market prices due to direct supplies, without intermediaries and trade markups.
Mamytkanov emphasizes that this is a mechanism for price stabilization, not a temporary promotion.
- If measures to reduce meat prices are not taken now, it could contribute to increased inflation. I propose an anti-crisis project to the president that can be implemented immediately, - he noted.
Economic feasibility
According to the calculations of the initiative's authors, investing 2 billion soms will quickly create a sufficient volume of meat and increase supply in the domestic market. With intensive fattening, the cycle is about 8-9 weeks, which will allow for a rapid impact on the price situation.
It is expected that the economic effect will manifest in several areas:
increased meat supply in the domestic market;decreased price pressure in retail;stabilization of food inflation;support for domestic livestock breeders through guaranteed sales.
The project initiators believe that against the backdrop of an unstable global situation, it is necessary to act proactively rather than react to already occurred price changes.
Support from the government is needed
A key point for launching the program, according to Mamytkanov, is the need for a special resolution on stabilizing meat prices at the level of the president and the government.
He added that the idea of the project has been discussed since 2021 but has not yet been officially considered.
Now the final decision depends on the position of the country's leadership. Nevertheless, the initiative's authors insist on the immediate launch of the program, given the current situation in the global food market.
This project could become a pilot and adaptable for scaling across the entire territory of Kyrgyzstan, as well as initiate serious changes in the livestock sector in the country.
