Advancing Green Technology Integration and Municipal Partnerships for Sustainable Development

A meeting was held at the Secretariat of the Investment Council to discuss the opportunities for sustainable development in the regions of the Kyrgyz Republic, particularly in supporting the private sector's adoption of green technologies and business approaches. The meeting featured a presentation on 'Methods of Municipal Property Privatization in the Kyrgyz Republic'. Participants included representatives from ministries and agencies, business associations, and the GIZ program 'Green Economy and Sustainable Private Sector Development', funded by the governments of the Federal Republic of Germany, Switzerland, and the European Union.

During the presentation, an assessment of the current situation regarding the management and leasing of municipal property by entrepreneurs was discussed. The meeting explored opportunities to:

  • Support business development of innovations through investment in capital assets, including green projects;
  • Encourage local governments to focus on the most promising and priority economic sectors, and develop municipal-private partnerships.

Furthermore, the existing barriers to the use of municipal property by the business community in the regions and possible solutions for their removal were presented, aiming at the sustainable development of the private sector and the local community as a whole.

As a result of the discussion, participants agreed on the need to continue dialogue and develop specific proposals for amending current regulations to facilitate the development of municipal-private partnerships in the Kyrgyz Republic.