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Meeting of the Advisory Group on the Development of the Draft Procedure for the Privatization of Municipal Property

Meeting of the Advisory Group on the Development of the Draft Procedure for the Privatization of Municipal Property

Today, on May 24, a meeting of the Advisory Group dedicated to the development of the Draft Procedure for the Privatization of Municipal Property was held at the office of the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic. The meeting was organized to discuss proposals for improving privatization processes and addressing emerging issues.

Participants actively discussed and analyzed current methods of managing municipal property and proposed ways to enhance these processes.

The main topics of discussion included:

  • Assessment of the current situation regarding the management and leasing of municipal property by entrepreneurs.
  • Privatization methods, such as auction sales, lease with subsequent purchase, and contribution to the authorized capital of business entities.
  • Proposals for improving the legal framework to support the private sector and develop public-private partnerships.
  • Elimination of existing obstacles to the use of municipal property by business representatives.
  • Support for businesses in developing innovations and green projects, as well as creating conditions for investment in fixed assets.

Participants agreed on the need to continue dialogue and develop specific proposals for amending existing regulations to promote the development of public-private partnerships in the Kyrgyz Republic.

The Secretariat of the Investment Council expresses gratitude to all participants for their active engagement and fruitful discussions, which will serve as a foundation for the sustainable development of the country.

The event was attended by representatives of ministries and agencies, business associations: The Ministry of Economy and Commerce of the Kyrgyz Republic, the State Agency for Civil Service and Local Self-Government Affairs under the Cabinet of Ministers of the Kyrgyz Republic, the State Agency for Property Management under the Cabinet of Ministers of the Kyrgyz Republic, the PPP Center under the National Agency for Investment, the Union of Local Self-Governments, GIZ "Green Economy and Sustainable Development of the Private Sector", Association of Communication Operators, and the "JIA" Association.

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Online Meeting between Investment Council Secretariat and Outpost Eurasia Executive Team

Online Meeting between Investment Council Secretariat and Outpost Eurasia Executive Team

Today, on May 24, the Secretariat of the Investment Council held an online meeting with the executive team of Outpost Eurasia, represented by Nazim Turdumambetov and Oleg Abdurashitov. During the meeting, Uluk Kydyrbaev, Head of the Secretariat, delivered a comprehensive presentation about the Investment Council and its ongoing initiatives aimed at improving the investment climate in the Kyrgyz Republic.

The Outpost Eurasia team shared insights about their consulting firm's services, which support public policy and government affairs initiatives across several countries, including the Kyrgyz Republic. Their expertise spans policy analysis, stakeholder mapping, public affairs consulting, advocacy, policy communications, ESG consulting, and CSR initiatives:

  • Conducting thorough research and evaluating both existing and proposed policies to anticipate regulatory changes and assess their potential impact.
  • Identifying and prioritizing key stakeholders, including government agencies, NGOs, and think tanks, and planning engagement strategies.
  • Designing effective advocacy strategies, including public relations, lobbying efforts, and grassroots outreach.
  • Developing tailored communication strategies for diverse audiences, transforming policy objectives into compelling narratives.
  • Analyzing organizations' ESG practices and CSR initiatives, benchmarking against industry standards, and producing comprehensive sustainability reports.

The meeting fostered a robust discussion on potential areas of cooperation between the Investment Council and Outpost Eurasia. Both parties expressed a strong interest in collaborating on projects that could enhance the regulatory environment and support sustainable development in the Kyrgyz Republic.

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Investment Council Secretariat Participates in EBRD Small Business Initiative Stakeholder Meeting

Investment Council Secretariat Participates in EBRD Small Business Initiative Stakeholder Meeting

On May 23, 2024, the Secretariat of the Investment Council took part in the Stakeholder Meeting of the EBRD Small Business Initiative for the Kyrgyz Republic, Tajikistan, and Uzbekistan. The event was a hybrid meeting held at the Orion Hotel in Bishkek, Kyrgyz Republic, bringing together donors, stakeholders, entrepreneurs, and representatives from the EBRD.

Uluk Kydyrbaev, Head of the Investment Council Secretariat, participated in the event and provided an overview of the Investment Council's activities. He highlighted the Council's role in fostering a favorable business environment and facilitating dialogue between the government and the private sector to address key economic issues. Kydyrbaev also discussed the Council's initiatives aimed at improving the investment climate and supporting small and medium-sized enterprises (SMEs) in the Kyrgyz Republic.

The meeting featured various sessions, including program updates from the Kyrgyz Republic, Tajikistan, and Uzbekistan, and discussions on financing instruments such as the Risk Sharing Facility, Outcome Linked Loans, and Women in Business (WiB) credit lines. The event provided a platform for stakeholders to share insights, discuss challenges, and explore opportunities for collaboration to enhance the growth and development of SMEs in the region..

The Secretariat of the Investment Council expresses its gratitude to the EBRD and all participants for their active engagement and productive discussions. The Secretariat looks forward to continued collaboration to support economic development and investment in the Kyrgyz Republic.

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What is PPP (Public-Private Partnership)?

What is PPP (Public-Private Partnership)?

PPP is a collaboration between the government and the private sector designed to address socially significant issues on mutually beneficial terms.
We are pleased to present a short video for your attention.
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