On December 17, 2024, a strategic session titled "The Role of a Sustainable PPP Platform in the Successful Implementation of State Investment Policy" was held. Uluk Kydyrbaev, Head of the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, summarized the Council’s annual performance. Key priorities for improving the investment climate in the Kyrgyz Republic were also outlined.

This year marked the 17th anniversary of the Investment Council. As part of the event, achievements were presented, including the successful implementation of projects and improvements to the regulatory framework for businesses and investors. Guests reflected on the Council's establishment and evolution, highlighting how, despite changes in its composition and structure, it has remained the premier high-level platform for dialogue between the public and private sectors.

Participants emphasized the Council's significant role in attracting investments and supporting strategic initiatives. This event was part of a seminar focused on addressing key issues of state investment policy and exploring ways to further enhance the investment environment.

Speakers included:

• Jyparisa Rysbekova – Head of the Sectoral Policy Department and Deputy Head of the Presidential and Cabinet of Ministers Administration’s Decision Preparation Division;
• Damirbek Bikulov – Deputy Director of the National Investment Agency under the President of the Kyrgyz Republic;
• Dmitry Pyatachenko – Country Manager of the International Finance Corporation (IFC);
• Anvar Abdraev – President of the Union of Banks of Kyrgyzstan;
• Tatyana Kim – Chairperson of the PNK KR Board;
• Aziza Yuldasheva – President of the Coalition for Women’s Entrepreneurship;
• Elvira Borombaeva – President of the Small Hydropower Association;
• Rustam Baltabaev – Executive Director of the Agribusiness Development Association.

The event brought together representatives of government bodies, the business community, and international organizations.

On December 16, 2024, a seminar was held in Bishkek to discuss the implementation of the state investment policy, improving the investment climate, and stimulating investment attraction. The event brought together over 150 participants, including representatives from ministries, government agencies, local authorities, business associations, international organizations, and investment funds.

Participants discussed mechanisms for implementing the state investment policy, developing public-private partnerships (PPPs), adopting innovative technologies, and improving investment infrastructure.

- Special attention was given to the activities of regional investment councils and the launch of investment hubs aimed at attracting investors to the regions.
- Case studies highlighted the development of free economic zones FEZ, PPP projects, and digital solutions designed to simplify interactions with investors.

- Plans include launching new joint initiatives aimed at sustainable development, improving the investment climate, and attracting international investments to key sectors of the economy.

The seminar served as an important platform for strengthening partnerships, exchanging experiences, and discussing the prospects for advancing investment policies, which play a key role in the economic growth of the Kyrgyz Republic.

As part of the seminar on state investment policy, a session was held focusing on the development of investment hubs and the implementation of innovative approaches to attract investors.

Cholpon Asakeeva, a Public-Private Partnership Specialist at the Secretariat of the Investment Council, presented international experience in creating investment hubs. In her presentation, she highlighted best practices that can be adapted to meet the needs of Kyrgyzstan's regions.

"Today, London serves as a global center for business, finance, technology, and education. It offers diverse opportunities for businesses, including specially designed strategies for attracting foreign investments and promoting domestic companies on the global market," noted Asakeeva.

Azem Akmatbek, a Legal Specialist at the Secretariat of the Investment Council, emphasized the importance of legal foundations for the successful operation of investment hubs.

"Global experience demonstrates that the creation and development of investment hubs require legal stability and transparency. One successful example is the Singapore model, where investments are effectively attracted through clear regulations, robust legal mechanisms, and guaranteed protection of investors' rights. We aim to implement similar approaches to enhance the appeal of Kyrgyzstan's regions for investors," said Akmatbek.

Participants also discussed how the implementation of innovative tools such as the "Single Window" system and the AIS "Investments" platform can improve the efficiency of state-business interactions and support regional Public-Private Partnership (PPP) initiatives.

As part of the seminar on implementing state investment policy and improving the investment climate, a session was held dedicated to the interaction between the government and investors. The session focused on the work of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic and the Regional Investment Councils (RICs) under the plenipotentiary representatives of the President in the regions.

Almazbek Obosbekovich Musabekov, Chief Economic Expert of the Secretariat, presented a brief overview of the Council's activities and key achievements.
“We must offer investors well-prepared projects. It is also necessary to develop an effective mechanism for state support of strategically important projects for the country. At the national level, the National Investment Agency (NIA) works with major investors, while in the regions, we need to support and accompany small and medium-sized business projects,” Musabekov noted.

Bakytbek Talaybekovich Samakov, Chief Legal Expert, discussed the goals and objectives of the Regional Investment Councils (RICs).
“In the Osh and Issyk-Kul regions, new council compositions have been formed, and new regulations have been approved. Starting from 2025, each region will have at least three experts working,” Samakov shared.

The speakers emphasized that transparent dialogue and trust between the state and business are fundamental to sustainable economic growth and are vital tools for attracting direct foreign investments.