Sydykov noted that there are over 1,000 registered deposits in the country, but less than half of them are actively being developed.
"Out of the 20 global critical minerals, only seven are being developed in the republic," he added.
The head of the MDS emphasized that modern technologies, highly qualified specialists, and investments are necessary for the successful development of the mining sector. According to him, every dollar invested in the accessibility of geological data can generate $7.3 in revenue.
Askar Sydykov also mentioned that Kyrgyzstan has not yet adapted international GORC standards and other modern methods of managing geological data.
The "B5+1" initiative is being implemented by the Center for International Private Enterprise (CIPE) as part of the "Improving the Business Environment in Central Asia" (IBECA) program, supported by the U.S. Department of State.
