The second day of the strategic seminar for the staff of Regional Investment Council (RIC) Secretariats, representatives of the PPP Center under the National Investment Agency, and the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic focused on a key topic: defining the strategic role of RICs in regional economic development and shaping their value proposition for key stakeholders.
At the heart of the day's discussions were several critical questions: why is it important for businesses and investors to engage with RICs; what is the real value and uniqueness of RICs; and why should government bodies view RICs as reliable partners.
Seminar participants emphasized that entrepreneurs expect RICs not only to assist in addressing immediate issues, but also to provide support for the implementation of long-term investment projects. In this regard, RICs can offer businesses institutional support, help remove regulatory barriers, promote initiatives at both the regional and national levels, and establish effective communication channels with government authorities.
Throughout the sessions, participants explored which areas of activity should become priorities for RICs in the near future. Discussions primarily focused on such areas as initiating regulatory changes, supporting investment projects, developing consulting services, and enhancing analytical capabilities. It is essential that all of these tools serve a common goal: building trust in RICs among the business community and strengthening the Council's role as the primary entry point for investors and entrepreneurs at the regional level.
The use of business modeling approaches during the seminar helped participants systematically analyze the types of value that RICs should create for different stakeholder groups — including businesses, investors, government authorities, and society at large. Particular attention was given to practical case studies and the development of positioning models for RICs in specific regions.
The session was moderated by Azamat Dikambaev, an expert in strategic planning and financial management with many years of experience in major companies.
The seminar is being held within the framework of a trilateral cooperation agreement between the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, the United Nations Development Programme (UNDP) in the Kyrgyz Republic, and the PPP Center under the National Investment Agency.