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Strengthening the Digital Economy Discussed at the Secretariat

Strengthening the Digital Economy Discussed at the Secretariat

On November 19, 2024, a consultative meeting was held in Bishkek with representatives of state enterprises and business associations. The meeting focused on discussing the implementation of the Digital Transformation Concept of the Kyrgyz Republic for 2024-2028.
 
The primary focus of the meeting was on developing recommendations from business associations to strengthen the digital economy in the Kyrgyz Republic, discussing strategies for implementing digital transformation at the national level, including the development of e-commerce and enhancing digital services for the public and business sector. The meeting was held within the context of the government's efforts to create an inclusive digital ecosystem that will be accessible to all citizens and enterprises, aimed at improving interactions with government agencies and optimizing services.
 
Participants emphasized the need to strengthen digital initiatives across all sectors to foster a more efficient and transparent economic environment. The importance of partnership between the state and the private sector was also highlighted.
During the meeting, an update on "Ishker 24," a mobile application aimed at improving the business environment for small and medium enterprises, was presented.
 
The Secretariat of the Investment Council continues to support the development of digital initiatives aimed at modernizing the technological infrastructure of the Kyrgyz Republic, promoting innovation, and creating a transparent and inclusive economy.
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Results of the Survey Conducted Among the Members and Partners of the Investment Council

Results of the Survey Conducted Among the Members and Partners of the Investment Council

Dear colleagues and partners!
We are pleased to share the survey results conducted among the members and partners of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic. Your feedback and suggestions play a key role in our efforts to make public-private dialogue more effective and constructive.
 
✅ 93.3% of respondents positively evaluated the work of the Investment Council over the past year — this is a signal to us that we are on the right track to improving the investment climate.
✅ We are actively working on the launch of Regional Investment Councils, and 77.3% of respondents supported their launch in the Osh and Issyk-Kul regions.
✅ Proposals for next year include supporting the regional investment climate, business education programs, and developing new legislative initiatives.
 
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Participation of the Investment Council Secretariat in the Central Asia Women's Dialogue

Participation of the Investment Council Secretariat in the Central Asia Women's Dialogue

On November 15, 2024, the third concluding session of the Central Asia Women's Dialogue took place in Bishkek at the Ala-Archa State Residence. The Parliament of the Kyrgyz Republic organized the event, the Ministry of Economy and Commerce of the Kyrgyz Republic, UNDP, UN Women, and other key partners.

The head of the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, Uluk Kydyrbaev, also took part in the event. During his presentation, Uluk Kydyrbaev spoke about existing national investment mechanisms and support for women's entrepreneurship in Central Asia. The Investment Council Secretariat actively supports initiatives aimed at empowering women entrepreneurs, strengthening their role in the economy, and creating favorable conditions for their success.

The program of the event included discussions on supporting women's entrepreneurship, innovations, and the development of strategies to create a dynamic ecosystem in the region. The final session also included the ceremony of handing over the chairmanship of the Dialogue from the Kyrgyz Republic to the Republic of Tajikistan.

Deputy Speaker of the Jogorku Kenesh, Jamila Isaeva, noted that significant events had been held during the chairmanship of the Kyrgyz Republic, laying a solid foundation for institutionalizing the Dialogue. She emphasized that the official website of the Dialogue was created, and social media pages were launched, which would guide the region towards stability, prosperity, and equality.

The Investment Council Secretariat continues to contribute to improving the investment climate and supports initiatives aimed at developing women's entrepreneurship and innovation in the region. We believe that the results of the Dialogue and the recommendations adopted within its framework will help accelerate the socio-economic development of Central Asian countries and create new opportunities for women.

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First Success for the Creative Industries Park of the Kyrgyz Republic

First Success for the Creative Industries Park of the Kyrgyz Republic

The Secretariat of the Investment Council is pleased to share the news of the successful start of the Creative Industries Park (CIP) of the Kyrgyz Republic, which is a member of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic. The topic of launching the Park and its support was actively discussed during our advisory group meetings. Today, we see the first significant achievements of the CIP.

The residents of the CIP have achieved revenue of 43.5 million KGS in their first quarter of operations. As noted by the Head of the Creative Industries Association, Daniyar Amanaliev, the Park unites 32 residents working in areas such as digital advertising, film production, IT products and services, podcasts, architecture, photography, and online education.

The amount of taxes paid in the first quarter reached 1.6 million KGS, and contributions to the Park’s management reached 435,000 KGS. These funds ensure the financial sustainability of the CIP, confirming that its operational model is viable without state budget support.

This success proves the significance and potential of the creative sector in the Kyrgyz Republic. We are confident that the CIP will become an engine of innovation, inspiring and supporting the development of creative industries in the country. Congratulations to all CIP residents on their first successful quarter, and thank you for your contribution to the development of the creative economy in the country!

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