Kyrgyzstan demonstrates leading rates of attracting foreign direct investment
This region includes the CIS countries, as well as Georgia, Mongolia, and Ukraine.
Over the past year and a half, the volume of accumulated investments from these countries in Kyrgyzstan has increased by 21%, while the average figure for the Eurasian region is only 6.2%, as noted in the EDB report.
Currently, the volume of FDI in Kyrgyzstan has reached $2.4 billion. The main sources of this growth have been investments from Russia ($300 million) and Uzbekistan ($120 million).
The key sectors contributing to this growth have been the energy sector, which brought in $210 million, and the manufacturing industry, which increased investments by $95 million.
All projects planned for 2024-2025 will fall into the greenfield category. Among the largest are the implementation of a solar power plant and the creation of a health resort complex in the Issyk-Kul region.
Investor interest from the Eurasian region in Kyrgyzstan's economy continues to grow steadily. There is also a trend towards shifting investment flows to projects related to the establishment of new productions and the development of renewable energy sources, as noted in the report.