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Entrepreneur's Day

Entrepreneur's Day

Today, on September 20, we celebrate Entrepreneur's Day – a day dedicated to those who, through their hard work and innovative ideas, make a significant contribution to the development of our country's economy.

Small and medium-sized enterprises (SMEs) in the Kyrgyz Republic are a vital sector that creates jobs and supports economic growth. According to the National Statistical Committee, in the period from January to June 2024, SMEs accounted for 39.9% of the country's total gross value added.

The Investment Council under the Cabinet of Ministers of the Kyrgyz Republic continues to support entrepreneurs by creating favorable conditions for doing business.

You are key contributors to the country's economic growth. We value your commitment to development and are here to support you in your future endeavors.

With best wishes,

Investment Council under the Cabinet of Ministers of the Kyrgyz Republic!

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Meeting between ICPSD and the Secretariat

Meeting between ICPSD and the Secretariat

A recent meeting was held between the UNDP’s Istanbul International Center for Private Sector in Development (ICPSD) and the Secretariat of the Investment Council. The ICPSD is currently in the process of developing the SDG Investor Map Kyrgyzstan, an initiative designed to guide and attract investments in alignment with the Sustainable Development Goals (SDGs). This process involves close collaboration with stakeholders across various sectors to share preliminary findings and gather valuable insights on local needs and opportunities.

The SDG Investor Map aims to be a comprehensive tool that will help mobilize investors by pinpointing specific business models that not only align with government priorities but also promise a sustainable impact. It will provide in-depth market intelligence and data-driven business models, focusing on five key sectors: infrastructure, education, agriculture, tourism, and waste management. This detailed approach is expected to highlight areas of high potential and guide investors toward opportunities that can drive both economic growth and social progress in Kyrgyzstan.

The Investment Council continues to play a critical role in this endeavor, coordinating efforts among stakeholders, providing direct access to decision-makers, and facilitating discussions to overcome potential barriers. By fostering a collaborative environment, the Investment Council is committed to enhancing the investment climate and ensuring that projects align with both national priorities and sustainable development goals.

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Meeting with the Deputy Plenipotentiary Representative of the President in Batken Region

Meeting with the Deputy Plenipotentiary Representative of the President in Batken Region

The Secretariat team held a working meeting with the Deputy Plenipotentiary Representative of the President of the Kyrgyz Republic in the Batken region, Timur Mysirovich Madyarov. The main topic of discussion was the organization of the upcoming off-site meeting of the Investment Council under the Cabinet of Ministers, which will be held as part of the second Batken Investment Forum "Batken Development – Country Development 2," scheduled for October in Batken city.

During the meeting, key agenda items were discussed, including the presentation of Batken region's unique investment opportunities, which will attract the attention of the Chairman of the Cabinet of Ministers, the business community, investors, and international partners to the region's promising investment projects.

Holding an off-site IC meeting within the Forum creates a unique platform for open and constructive public-private dialogue. This is an important opportunity for the local business community to directly interact with representatives of central government authorities.

In addition, several Forum events will be held in parallel with the meeting, such as panel discussions, B2B, and G2B meetings. These interactions will lay the foundation for signing cooperation agreements and memorandums, which will contribute to attracting investments and strengthening interregional partnerships.

We are confident that this event will promote the development of Batken region's investment potential and contribute to the formation of a favorable investment climate both within the region and beyond. The consolidation of efforts between business and government will lead to significant results in the region's economic development.

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Extension of Deadline for Submission of Tender Applications

Extension of Deadline for Submission of Tender Applications

Extension of Deadline for Submission of Tender Applications for the Development of a Digital Platform for Processing Recommendations and Proposals from Small and Medium-Sized Businesses?

The Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic announces the extension of the tender for the development of a digital platform for processing recommendations and proposals from small and medium-sized businesses.

How to Apply: Applications must be divided into two parts: technical and financial. Each part must be sealed in a separate envelope with the corresponding labels: "TECHNICAL PART" and "FINANCIAL PART," indicating the name of the tender.

Deadlines: Tender documents must be delivered by courier no later than 3:00 PM on September 20, 2024, to the following address: Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, Aurora Business Center, 4th floor, office 410.

Additional Information: For further information, please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it.

The SME Finance and Development (SME F&D) group of the European Bank for Reconstruction and Development (EBRD) supports economic transition by achieving enterprise change in viable micro, small and medium enterprises (MSMEs) and developing sustainable infrastructures of business advisory services in the countries of operations of the EBRD.

The overall objective of the Project is to support SMEs and local business associations in embarking on a digital transformation initiative. This project aims to support the IC Secretariat in development of a user-friendly and intuitive web-platform for business associations to submit recommendations and proposals, aimed at enhancing communication efficiency between the business community and the Secretariat, as well as ensurе transparent and prompt response to incoming suggestions and feedback.

Documents are available at the following link: https://drive.google.com/drive/folders/13bTnR3lQJfwPO8uhiVCq_oSCE_3fuM_6

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