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Investment Council Meeting

Friday, 05 April 2024 16:33

On April 5, 2024, under the chairmanship of the Chairman of the Cabinet of Ministers of the Kyrgyz Republic / Chairman of the Investment Council, Akylbek Zhaparov Usenbekovich, the next meeting of the Investment Council was held at the Administration of the President of the Kyrgyz Republic with the participation of representatives from business associations, government structures, development funds, state banks, international organizations, and the Secretariat of the Investment Council.

The agenda included a number of important issues, including:

  • Reports from development funds and state banks on the work carried out and plans for 2024 - State Development Bank of the Kyrgyz Republic, Open Joint Stock Company "Ayil Bank", Open Joint Stock Company "RSK Bank", Russian-Kyrgyz Development Fund, Uzbek-Kyrgyz Development Fund, and Hungarian-Kyrgyz Development Fund;
  • On the catalog of investment projects;
  • On the Work Plan of the Investment Council for 2024.

"The heads of development funds and state banks are required to attract new investments to the state, introduce new standards. Each of you works on projects in different sectors, but at the same time, can fully solve the problem of one sector. For this, you all need to decide which sector is lagging, for example, if financing projects for chicken meat production, there will be no issues in this sector, and import volumes will decrease," said Akylbek Zhaparov.

The Secretary of the Council, Uluk Kydyrbaev Asankaryevich, shared that as part of the directive on the development of regional councils, on April 12, a meeting of the Regional Investment Council under the Authorized Representative of the President of the Kyrgyz Republic in the Osh region will take place. It will bring together representatives of the public and private sectors to discuss the current and future economic progress of the region.