In the next five years, the Turkic Investment Fund plans to increase its authorized capital. The Fund's General Director, Ramil Babaev, shared this information in an exclusive interview with Trend agency.
Currently, the Fund has an authorized capital of $600 million. After establishing a sustainable project portfolio, the Fund intends to increase its capital by raising the equity participation of member countries and accessing international financial markets.
Ramil Babaev emphasized that with the growth of resources, the Fund will be able to co-finance larger strategic projects, which will create new opportunities for attracting investments. This, in turn, will significantly expand the Fund's credit and investment capabilities.
The General Director also noted that over the next decade, the Fund expects an increase in cross-border trade volumes, an influx of investments, and improved connectivity in the Turkic region. He expressed the intention to actively participate in these processes by attracting international partners and financing significant projects that will enhance the global competitiveness of the member states. It is important to note that the decision to establish the Turkic Investment Fund was made on November 11, 2022, at the 9th summit of the Organization of Turkic States. The Fund includes countries such as Azerbaijan, Hungary, Kazakhstan, Kyrgyzstan, Turkey, and Uzbekistan. The main objective of the Fund is to promote the economic development of the member states through increasing regional trade volume and supporting economic activity.
At the meeting of the Jogorku Kenesh on December 25, the chairman of the Social Fund, Bakhtiyar Aliyev, noted that pensions in Kyrgyzstan have significantly increased over the past four years. Aliyev...
On December 26, the Help the Children-SKD foundation held the "Warmth of the New Year" event at the National Center for the Protection of Motherhood and Childhood in Bishkek. During the...
The Russian-Kyrgyz Development Fund (RKFR) has achieved significant success in its investment activities by the end of 2025. The fund's press service reported that since its inception, the...
- As stated in the master plan, by the beginning of 2025, this indicator will reach 14 square meters per person. According to the document, by 2050, the construction of 24,804 thousand square meters...
It is projected that by 2030, the National Wealth Fund of Mongolia will accumulate ₮24 trillion (approximately $6.8 billion). In the last two years, the fund has been actively transforming from an...
- The Ministry of Finance of the Kyrgyz Republic has reported that 83.1 billion soms were transferred to the Stabilization Fund during the 11 months of 2025. This information is included in the...
- From January to November 2025, the volume of investments in fixed capital for the construction of facilities in agriculture, forestry, and fishing increased by 13.9%, according to statistical data....
- From January to November 2025, the Chuy region recorded a growth in fixed capital investments of 16.8%. This information was provided by the National Statistics Committee. The total volume of...
Latif Gandiyev, the extraordinary and plenipotentiary ambassador of Azerbaijan to Kyrgyzstan, shared his thoughts with vb.kg about the year that is coming to an end. He noted that 2025 has been a...
The company "Gazprom" plans to increase gas supplies to Kyrgyzstan by 20% by 2025. This was announced by Alexey Miller, the head of the Russian company, during a meeting dedicated to the...
- From January to November 2025, transfers to the Social Fund from the republican budget amounted to 40.1 billion soms, as stated in the Ministry of Finance's report on the execution of the...
In 2026, a 7% increase in pensions is expected in Kyrgyzstan. This was reported by the chairman of the Social Fund, Bakhtiyar Aliyev. According to him, the budget of the Social Fund for 2026...
At the recent meeting of the committee on labor, health, women's affairs, and social issues, Acting Minister of Health Kanibek Dosmambetov reported that the budget of the Mandatory Health...
On December 25, President Sadyr Japarov shared information about the large-scale construction of a railway connecting China, Kyrgyzstan, and Uzbekistan during the IV People's Kurultai. He...
- According to the information presented in the EDB report for 2025, the majority of new Chinese investments in the Eurasian region are directed towards Central Asian countries. In the first half of...
At the People's Kurultai, the President of Kyrgyzstan, Sadyr Japarov, announced plans to provide significant concessions to businesses. He noted that there is a positive trend in the form of...
The meeting, announced by the White House, will begin at 3:00 PM local time. Representatives of the media are expected to be present at the event. Earlier, Zelensky himself shared information about...
Today, December 25, at the IV People's Kurultai, President Sadyr Japarov shared information about how the state used to purchase electricity from neighboring countries at inflated prices and...
In an interview with Aynur Samanov, the trade representative of Russia in Kyrgyzstan, key achievements of 2025 were highlighted and plans for 2026 were outlined....
- According to statistical data, the volume of investments in fixed assets directed towards the construction of manufacturing facilities increased by 30% from January to November 2024. The main...
Photo of the Jogorku Kenesh of the Kyrgyz Republic Today, December 25, during a meeting of the Jogorku Kenesh, deputies reviewed and approved in three readings the bills concerning amendments to the...
- The Secretary General of the CIS, Sergey Lebedev, reported a significant increase in mutual trade among the Commonwealth countries. “Over the past four years, the volume of mutual trade has...
The Cabinet of Ministers of the Kyrgyz Republic has decided to approve the protocol related to the implementation of Article 6 of the agreement on the Russian-Kyrgyz Development Fund. This resolution...
According to the National Statistical Committee of the Kyrgyz Republic, the volume of foreign direct investment in the first half of 2025 amounted to $562.7 million. In comparison, in the same period...
In the current year, the Department for Promotion of Industry and Internal Trade (DPIIT) organized a series of meetings with investors and experts to discuss ways to increase Foreign Direct...
- Bishkek has every chance of becoming a center for dispute resolution, including transnational disputes, - said Elvira Borombaev, mediator and director general of the Central Asian Center for...
At the Globe Soccer Awards ceremony in Dubai, Ronaldo was recognized as the best player in the Middle East. He shared his ambitions, noting that his current total goal count stands at 956, after...
At the IV People's Kurultai, President Sadyr Japarov announced that, according to the International Monetary Fund, Kyrgyzstan has entered the top three countries with the highest rates of real...
- On December 25, during a meeting of the Jogorku Kenesh, parliamentarians reviewed and adopted the bills "On Amendments to the Law on the Budget of the Social Fund of the Kyrgyz Republic for...
The President of Kyrgyzstan, Sadyr Japarov, stated that the housing offered through the state mortgage program is not expensive. This statement was made during the IV People's Kurultai, which...
- In a recent interview, Meder Mashiev, the Minister of Natural Resources, discussed with Tazabek the issues related to the decline in production indicators at Kumtor and in the country as a whole....
Today it was announced that Brigitte Bardot, the famous French actress, has passed away, as reported by representatives of the foundation she established....
In 2025, Kyrgyzstan found itself at a crossroads, facing stark contrasts in its economy. On one hand, the country demonstrated double-digit growth in gross domestic product (GDP) and active...
- We are eliminating administrative barriers and simplifying the investment process. This was stated by President Sadyr Japarov on December 25 during the IV People's Kurultai. According to the...
The meeting took place on December 26 as part of the official visit of Ramil Hasan. The Secretary General of TURKPA spoke about the current activities of the organization, as well as the work of the...
Uzbekistan is expected to see the largest growth in gas consumption, with a projected increase from 3 billion cubic meters to 12 billion cubic meters per year. The main factors driving this growth...
In the village of Min-Bulak, which is part of the Karasaev district of Tyup, a new school building for 150 students has been opened. The director of the educational institution, Askhat Bukayev,...
According to data presented in the report by the Eurasian Development Bank (EDB) for 2025, foreign direct investment from China to Central Asia reached $35.9 billion. From 2016 to the first half of...
According to Arzybek Kozhoshev, the Minister of Energy and Infrastructure of the Eurasian Economic Commission, the cabotage transportation program for the EAEU states will be fully implemented by...
The GDP of Uzbekistan has exceeded $145 billion for the first time in its history. This was stated by Shavkat Mirziyoyev in his address to the parliament and the people of the country on December...
The signing of the agreement took place between Bakyt Sydykov and the Minister of Foreign Affairs of Japan, Toshimitsu Motegi. This document concerns the elimination of double taxation on income...
According to information provided by the press service of the Social Fund, as of December 1, 2025, the total amount of pension savings paid to citizens is 5 billion 877.8 million soms. Below are the...
- A factory for the production of synthetic yarn has successfully started operating in Kyrgyzstan, said Umbrial Temiraliyev, the general director of the Bishkek SEZ, on the radio. Temiraliyev noted...
According to the Social Fund's data, from January to November 2025, the interest income from deposit accounts amounted to 813.2 million soms. During this period, the fund placed 5 billion soms...
A presentation of the analytical review "Youth in the Kyrgyz Republic" took place in Bishkek, which was developed based on data from the population and housing census conducted in 2022....
- According to official statistics, from January to November 2025, the volume of investments in fixed capital in the individual housing construction sector in Kyrgyzstan amounted to 34.7 billion...
