News
The Global Initiative 'Ring the Bell for Gender Equality'
- Thursday, 07 March 2024
Uluk Kydyrbaev, the head of the Investment Council Secretariat, presented key points during the panel session "Accelerating Economic Progress" at the event "Investing in Women: Accelerating Economic Progress in the Kyrgyz Republic." The presentation focused on the strategic role of the private sector as a catalyst for inclusive growth, highlighting the potential to increase women's participation in the economy through entrepreneurship and the active implementation of gender parity principles in all aspects of economic development.
The event, organized in cooperation with the Kyrgyz Stock Exchange, IFC, and with the support of UN Women in Kyrgyzstan, emphasized the key role of the financial sector in promoting gender equality and achieving Sustainable Development Goals.
In his speech, Uluk Kydyrbaev particularly emphasized the need to overcome gender stereotypes, advocating for the creation of a favorable environment that facilitates gender-neutral opportunities. He stressed the importance of implementing educational programs to develop skills among girls in digitalization and the green economy, which will strengthen the economic status of women in society and called for the active role of the private sector as a driver of economic and gender progress.
Expressing his readiness for action, Uluk Kydyrbaev announced the possibility of creating an Advisory Group within the Secretariat of the Investment Council. This group will aim to unite the efforts of all stakeholders to provide an effective dialogue platform for discussing measures to ensure inclusiveness in all areas of economic life.
We are convinced that through the joint efforts of the government, the private sector, and international partners, the principle of gender parity will become the norm in the economy and society of the Kyrgyz Republic, opening new horizons for the country's sustainable development.
Meeting with the General Director of the "Kyrgyzstan" Pension Savings Fund
- Thursday, 07 March 2024
On February 28th, a working meeting took place between the head of the Investment Council Secretariat, Uluk Kydyrbaev, and the General Director of the "Kyrgyzstan" Pension Savings Fund, Zuura Bayamanova. The meeting covered a wide range of issues, including:
- Expanding the pool of government securities holders through the development of both primary and secondary government securities markets;
- Increasing access to savings and credit products;
- Further promoting the development of digital payment technologies and tools, as well as the digitalization of financial services;
- Enhancing the financial literacy of the population.
The parties expressed interest in addressing these issues within the activities of the Investment Council Secretariat and emphasized the need to involve relevant specialists from government bodies, the private sector, and the expert community to solve these pressing tasks. As a result of the meeting, an agreement was reached on developing further joint actions aimed at creating a permanent dialogue platform to increase entrepreneurs' interest in the pension savings system and to create a favorable environment for the activities of the relevant funds.
Meeting with the representatives of Hyundai Elevators Kyrgyzstan
- Thursday, 07 March 2024
As part of the meetings held by the Secretariat of the Investment Council with the major industrial sector, a meeting recently took place between the Head of the Investment Council Secretariat, Uluk Kydyrbaev, and representatives of Hyundai Elevators Kyrgyzstan, led by General Director Rakhat Zhunusheva and Director of External Relations and Investments Elvira Bataeva.
During the meeting, representatives of Hyundai Elevators shared information about current projects, including successes in the implementation and improvement of the elevator situation in the country. Rahat Zhunushbaeva also shared news that the Korea International Trade Association (KITA) expressed interest and readiness for active cooperation with Kyrgyz and Korean businesses.
In addition to discussing current projects and prospects for cooperation, an announcement was made about the upcoming opening of a plant for the production of water treatment facilities. The technology was developed using advanced Korean technologies and meets all quality standards.
*Hyundai Elevator Kyrgyzstan is a distributor of the South Korean company Hyundai Elevator Co., Ltd., a world leader in the production of lifting equipment, escalators, and moving walkways.
The Secretariat of the Investment Council is represented in the working group established by the decree of the President
- Thursday, 07 March 2024
The Secretariat of the Investment Council is represented in the working group established by the decree of the President of the Kyrgyz Republic. President of the Kyrgyz Republic, Sadyr Japarov, signed a decree forming an expert working group to improve the legislation of the Kyrgyz Republic regulating issues of attracting investments, including foreign ones, development of tourism, aviation, the licensing and permitting system, and also with the aim of eliminating excessive control functions of state bodies.
The composition of this expert working group includes representatives from the Administration of the President, ministries, and departments, including the Chief Legal Expert of the Secretariat of the Investment Council, Bakytbek Taalaibekovich Samakov.
The expert working group is endowed with the powers necessary for the effective performance of its tasks, including the involvement of specialists from state bodies and organizations, as well as requesting materials and receiving the necessary support from state structures.
The group is tasked with completing its work by November 1, 2024, and presenting the developed regulatory legal acts to the Administration of the President of the Kyrgyz Republic for further approval and implementation.