News

News

Regional Public-Private Dialogue Academy for Central Asian Business Associations

Regional Public-Private Dialogue Academy for Central Asian Business Associations

From November 13 to 15, the Regional Public-Private Dialogue (PPD) Academy for Central Asian business associations is taking place in Bishkek. The event has gathered representatives from business associations and international organizations to discuss key issues related to the development of PPD in the region.

During the event, Uluk Kydyrbaev, Head of the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, delivered a guest lecture. He shared the Kyrgyz Republic's experience in implementing PPD mechanisms through the Investment Council, which stands as the only high-level active platform for PPD in the country. He presented case studies illustrating how the Council creates space for constructive dialogue between the state and the private sector. Kydyrbaev also highlighted ongoing efforts to activate PPD at the regional level through the establishment of Regional Investment Councils, emphasizing the support provided by UNDP in this regard.

Furthermore, Uluk Kydyrbaev noted the importance of strengthening the institutional capacity of business associations to effectively advocate for the interests of entrepreneurs at both regional and national levels.

The Regional PPD Academy is being conducted by the International Business Council and the Center for International Private Enterprise (CIPE). The Academy aims to strengthen PPD institutions and enhance the capacity of business associations in advocating for the interests of entrepreneurs at all levels.

Read 35 times
Rate this item
(0 votes)
Days of History and Memory of Ancestors

Days of History and Memory of Ancestors

Dear colleagues and friends!
On behalf of the Secretariat of the Investment Council, we extend our warm congratulations on the Days of History and Memory of Ancestors!
November 7th and 8th are days when we pay tribute to those who contributed to the formation and development of our country, preserving the heritage and traditions of our people. On these special days, we remember those who stood at the origins, whose work and sacrifices made our present possible.
May the memory of our ancestors inspire us to take actions that strengthen our future, helping us move forward with confidence and wisdom. Spend these memorable days with your loved ones, passing on to children and grandchildren the values and traditions that strengthen our society and culture.
Read 42 times
Rate this item
(0 votes)
Adaptation of businesses, investment, and PPP projects to climate change while considering ESG principles

Adaptation of businesses, investment, and PPP projects to climate change while considering ESG principles

Climate change impacts all aspects of economic activity, necessitating the adoption of environmentally friendly technologies, strengthening resilience to external factors, and adapting business strategies to new realities. It is crucial to note that the development of a green economy and the implementation of ESG principles (environmental, social, and corporate governance) are not just necessities but form the foundation for sustainable growth and the long-term prosperity of the country.

On November 5th, a meeting was held at the office of the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, focusing on the adaptation of businesses, investment, and PPP projects to climate change while considering ESG principles.

The meeting was attended by representatives from the Ministry of Economy and Commerce of the Kyrgyz Republic, the PPP Center, the Association of Renewable Energy of the Kyrgyz Republic, the Union of Banks of Kyrgyzstan, the International Business Council, the OSCE in the Kyrgyz Republic, and other stakeholders. Discussions aimed at developing recommendations for the implementation of the Green Economy Development Program in the Kyrgyz Republic for 2024-2028.

As a result of the meeting, a decision was made to establish an advisory group within the platform of the Secretariat of the Investment Council, comprising representatives from both public and private organizations, as well as international development programs. The key task of this group will be to develop constructive recommendations and proposals for adapting business processes to the conditions of a changing climate, as well as to create conditions for the successful implementation of projects based on PPP principles.

The Secretariat of the Investment Council continues to support initiatives aimed at implementing green initiatives, improving the investment climate in the country, and creating conditions for sustainable economic growth.

Read 48 times
Rate this item
(0 votes)
Introductory online meeting between the Secretariats of the Kyrgyz Republic and Armenia

Introductory online meeting between the Secretariats of the Kyrgyz Republic and Armenia

On November 4th, an introductory online meeting occurred between the hashtag#Secretariats of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic and the Investment Council of Armenia. This event marked an important step towards fostering cooperation to enhance countries' investment climate.
Investment Councils are not only active in the Kyrgyz Republic, but also exist in over 11 countries worldwide, including Armenia, Georgia, Moldova, and others and are supported by EBRD. These bodies serve as platforms for dialogue between the government and the private sector, promoting favorable conditions for investors and improving the overall business climate.
The heads of the secretariats — Uluk Kydyrbaev and Hovsep Patvakanian, PhD — discussed the specifics of their teams' work, reviewed current initiatives, and shared experiences in improving investor conditions in their respective countries.
Participants expressed hope for further strengthening of partnerships and more frequent meetings to exchange experiences and develop joint initiatives aimed at economic development and attracting investment. Such interactions play a key role in improving the effectiveness of Investment Councils and creating a sustainable foundation for growth and prosperity in both countries.
Read 53 times
Rate this item
(0 votes)