Off-site Meeting of the Investment Council as part of the International Investment Forum "Development of Batken – Development of the Country 2"

Tuesday, 15 October 2024 11:18

On October 12, 2024, an off-site meeting of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic was held in Batken. The meeting took place as part of the second international investment forum "Development of Batken – Development of the Country 2," which brought together representatives from business, government, and international organizations. The main goal of the event was to explore new investment and partnership opportunities with the participation of local and foreign investors.

The forum and the meeting of the Investment Council focused on key issues such as regional trade, the development of small and medium-sized enterprises, green economy initiatives, climate change adaptation, and cross-border economic cooperation. One of the key elements was the presentation of various investment projects that highlighted the potential of the Batken region.

“Considering that the meeting of the Investment Council is taking place within the framework of the II Investment Forum with broad participation of domestic and foreign investors, representatives of diplomatic missions, and development partners, the agenda of the meeting of the Investment Council includes presentations on the investment potential of the Batken region, models and conditions for investing, and the existing system of state and financial support for investors,” noted Kasymaliev Adylbek Alekseevich, First Deputy Chairman of the Cabinet of Ministers.

During the meeting, the investment opportunities of the Batken region were discussed, including presentations on the region's investment potential and several investment projects involving international investors from Russia, China, and Turkey. Additionally, tools for attracting investments for regional infrastructure development through public-private partnership mechanisms were reviewed.

Furthermore, information was provided on measures to support investment projects in the regions through interstate development funds. Participants received detailed information on the opportunities for obtaining support for investment projects through these funds.

The meeting was attended by heads of relevant ministries and agencies, members of the Fiscal Committee of the Jogorku Kenesh, business associations, local and foreign investors, and representatives of international development partners. Following the meeting, a number of decisions were made on the issues discussed.

The off-site meeting was organized by the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, in collaboration with the Administration of the President of the Kyrgyz Republic, the Office of the Plenipotentiary Representative of the President in Batken region, the National Investment Agency under the President of the Kyrgyz Republic, with the support of the EBRD in Kyrgyzstan, the International Finance Corporation (IFC), USAID AgroTrade Project, and GIZ in the Kyrgyz Republic.