The Regional Investment Council (RIC) Secretariat has been officially launched in Osh region. This new structure aligns with the priorities outlined in the National Investment Strategy, aimed at strengthening regional development, improving the business climate, and advancing public-private partnerships (PPPs) as tools for modernizing infrastructure and public services.

Osh region holds strong economic potential: its strategic geographic location, developed trade, agri-industrial base, and vibrant entrepreneurial activity make it a key driver of growth in the south of the country. At the same time, there remains substantial room for improving the local business environment — through better engagement with government authorities, more systematic support measures, increased awareness of financial instruments, and stronger coordination of promising initiatives at the national level.

It is in response to these needs that the RIC Secretariat is being established — not as a temporary initiative, but as a long-term mechanism for supporting investment projects and business development in the region. Its core mission is to foster a stable, results-driven dialogue between entrepreneurs and the state, facilitate investment project implementation, expand the use of PPPs, and enhance the ease of doing business at the local level.

The Secretariat was introduced to the Deputy Plenipotentiary Representative of the President of the Kyrgyz Republic in Osh region, Iliyaz Tashbaev. The team was presented by Uluk Kydyrbaev, Head of the Secretariat of the Investment Council under the Cabinet of Ministers. The regional Secretariat will be led by Taalaybek Azimov, a specialist with experience in economics and private sector development.

It is especially important to highlight the contribution of Iliyaz Tashbaev, whose initiative led to the revival of the Regional Investment Council in Osh. On April 12, 2024, a milestone session was held in the city of Osh to relaunch the RIC’s activities, gathering representatives of government bodies, the business community, and international partners. This event became the starting point for the systematic rollout of public-private dialogue mechanisms across the regions of the Kyrgyz Republic.

Today’s presentation of the team is a logical continuation of this effort. The Secretariat is not merely a coordination unit, but a full-fledged center of expertise and a trusted partner for the business community. Entrepreneurs will be able to access consultations on legal, tax, and investment matters, receive support for PPP initiatives, and promote their projects at the national level.

This initiative is implemented under a tripartite cooperation agreement between the Secretariat of the Investment Council under the Cabinet of Ministers, the United Nations Development Programme (UNDP) in the Kyrgyz Republic, and the PPP Center under the National Investment Agency. The work is supported by the European Bank for Reconstruction and Development (EBRD) as part of broader efforts to strengthen the business climate and foster sustainable public-private dialogue.