The Secretariats of the Regional Investment Councils (RICs) have officially commenced operations under the Offices of the Plenipotentiary Representatives of the President of the Kyrgyz Republic in the regions. These Secretariats will operate in close coordination with the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic.

In the Issyk-Kul region, the official introduction of the Regional Investment Council Secretariat team took place. Uluk Kydyrbaev, Head of the Secretariat of the Investment Council under the Cabinet of Ministers, personally presented the team to Daniyar Karagulovich Arpachiev, Deputy Plenipotentiary Representative of the President of the Kyrgyz Republic in the Issyk-Kul region.

The primary mission of the Regional Investment Councils is to establish a sustainable platform for dialogue between the state and the business community. Their responsibilities include supporting promising investment and Public-Private Partnership (PPP) projects, facilitating partner search, advising investors, and monitoring the implementation of priority initiatives. The RICs are also expected to become investment hubs in their respective regions — centers of expertise and professional support, where investors can receive assistance on financing, legal and economic analysis, taxation, marketing, and access to foreign markets.

The establishment and launch of the RIC Secretariats are being carried out within the framework of a tripartite cooperation agreement between the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, the UNDP in the Kyrgyz Republic, and the PPP Center under the National Investment Agency.

The Secretariat of the Regional Investment Council in the Issyk-Kul region, headed by Mirlan Sabyrov, includes an economic expert/PPP specialist and a legal expert.

In the near future, RIC Secretariat teams will be presented in other regions across the country. This initiative will help ensure balanced development of regional investment potential, strengthen work with local entrepreneurial initiatives, and expand the use of PPP instruments at the local level.