Memorandums of Cooperation Signed During the Regional Investment Council Meeting in Issyk-Kul Region

Monday, 19 August 2024 10:56

During the first meeting of the Regional Investment Council under the Plenipotentiary Representative of the President of the Kyrgyz Republic in Issyk-Kul Region, several key Memorandums of Cooperation were signed, marking significant steps forward in fostering partnerships aimed at regional economic development.

Memorandum of Cooperation between the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic and the Center for Public-Private Partnership (PPP) under the National Investment Agency:

This agreement focuses on establishing long-term collaborative relationships to enhance the business environment and investment climate in Kyrgyzstan. The parties committed to working together on initiatives that include promoting entrepreneurship, improving legislative frameworks, and advancing PPP mechanisms to drive socio-economic development.

Memorandum of Cooperation between the Secretariat of the Investment Council and the Center for Climate Financing under the Cabinet of Ministers:

This memorandum outlines the collaboration on climate change initiatives and the mobilization of financial resources from international climate funds. The agreement aims to address environmental challenges through sustainable investments and to integrate climate adaptation strategies into the national economic policy.

 

The signing of these memorandums reflects the commitment of the Kyrgyz Republic to foster strong partnerships between government institutions, private sector entities, and international organizations. These collaborations are seen as essential to driving forward the nation's economic and environmental goals, particularly in the context of sustainable development and the creation of a favorable investment climate.

The Regional Investment Council meeting serves as a platform for these strategic partnerships, underscoring the importance of coordinated efforts in achieving the broader objectives of regional growth and development.

 

The signing of these memorandums during the Regional Investment Council meeting marks a significant milestone in the ongoing efforts to strengthen public-private collaboration in the Kyrgyz Republic. These agreements are expected to pave the way for more robust and effective partnerships that will contribute to the sustainable development of the region.