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The Creative Industries Park is set to launch in the Kyrgyz Republic

The Creative Industries Park is set to launch in the Kyrgyz Republic

Friday, 08 December 2023
Thanks to collaborative efforts and public-private dialogue, the Creative Industries Park is set to launch in the Kyrgyz Republic.
On December 6, 2023, the Chairman of the Cabinet of Ministers of the Kyrgyz Republic/Chairman of the Investment Council, Akylbek Japarov, signed a decree addressing certain matters in the sphere of the Creative Industries Park. This document approves the list of activities within the Creative Industries Park eligible for the corresponding regime.
This decree marks a significant step in the development of creative business, the creative economy, and the enhancement of the creative industries' ecosystem in the country.
According to the decree, the powers of the Park's Supervisory Board are expanded by granting the board the right to individually determine the creativity of each applicant seeking residency status in the Creative Industries Park.
Thus, the Supervisory Board will meticulously review each residency application, making decisions on granting or denying residency status. This empowers the Park to autonomously, objectively, and impartially make decisions, including conducting a detailed analysis of the candidate's activities to prevent tax evasion and other obligatory payments.
The Supervisory Board consists of two representatives from the Cabinet of Ministers and five members from the private sector (creative sector entrepreneurial associations), showcasing the government's full trust in the private sector for making crucial decisions in developing the creative industry.
The Secretariat of the Investment Council is always open to providing its platform for dialogue and will continue its efforts to enhance the business environment in the country.
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Meeting with the Deputy Minister of Economy and Commerce of KR

Meeting with the Deputy Minister of Economy and Commerce of KR

Friday, 08 December 2023
A productive meeting between the Head of the Secretariat of the Investment Council, Mr. Uluk Kydyrbaev, and Deputy Minister of Economy and Commerce of the Kyrgyz Republic, Ms. Aynura Usenbekova. The meeting delved into matters of operational collaboration between the Secretariat of the Investment Council and the ministry, focusing on enhancing the business environment, facilitating access to finance, and refining mechanisms for the legal protection of entrepreneurial entities.
Discussions also encompassed the agenda for the upcoming Investment Council meeting and proposals for the 2024 Work Plan of the Investment Council.
Both parties expressed a keen interest in fostering close collaboration to ensure timely and high-quality discussions on issues related to entrepreneurial development, providing vital information and analytical support for the ongoing ministry-led reforms.
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Meeting with the Deputy Minister of Economy and Commerce

Meeting with the Deputy Minister of Economy and Commerce

Tuesday, 05 December 2023
The team from the Secretariat of the Investment Council had a productive meeting with the Deputy Minister of Economy and Commerce, Mr. Asylkulov Iskender Esengeldiyevich. The discussion revolved around key initiatives and legislative projects undertaken by the Ministry, addressing crucial concerns for business associations.
During the meeting, both sides actively explored avenues for collaboration, emphasizing the importance of these initiatives for the business community. The Secretariat expressed keen interest in providing support and necessary assistance to facilitate a constructive platform for dialogue with business associations. The goal is to foster effective and fruitful collaboration aimed at enhancing the entrepreneurial environment in the country.
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Monitor to previously adopted decisions during the Investment Council meeting

Monitor to previously adopted decisions during the Investment Council meeting

Friday, 01 December 2023

On November 29, within the premises of the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, a series of working meetings took place to monitor previously adopted decisions during the Investment Council meeting held on February 11, 2023.

Key representatives from the National Agency for Investments under the President of the Kyrgyz Republic, the Ministry of Economy and Commerce of the Kyrgyz Republic, the Ministry of Agriculture of the Kyrgyz Republic, the Land Resources Service under the Ministry of Agriculture of the Kyrgyz Republic, the Ministry of Natural Resources, Ecology, and Technical Supervision of the Kyrgyz Republic, the Ministry of Energy of the Kyrgyz Republic, and the PPP Center presented updated information regarding the implementation status of the decisions made by the Investment Council.

During the meeting, the parties discussed further collaboration to ensure the effective implementation of the decisions taken at the Investment Council meeting.

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