Regional Investment Council Launched in Issyk-Kul Region

The main topics of the meeting are: ‘Regional Investment Councils: Effective Public-Private Dialogue as the Foundation for Sustainable Economic Development’ and ‘Successful PPPs: Addressing Socio-Economic Challenges of Regions through Partnership.’

The event was organized by the Office of the Plenipotentiary Representative of the President of the Kyrgyz Republic in the Issyk-Kul Region, in collaboration with the Public-Private Partnership Center (PPP) and the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, with the support of the United Nations Development Programme (UNDP) and the International Finance Corporation (IFC) in the Kyrgyz Republic.
The full version of the video (in Russian) is available via the link

Uluk Kydyrbaev Visited Birinchi Radio on the 'Main Question' Program
The topic of the discussion was public-private dialogue and public-private partnership in the regions.

The guests were Uluk Kadyrbayev, the head of the Secretariat of the Investment Council under the Cabinet of Ministers, and the mayor of the Balykchy city Azamat Anarbek uulu (via phone).

Hosted by Nazira Moldokulov.
We express our gratitude to the Birinchi Radio team for inviting us to the air.
The full version of the show (in Kyrgyz) is available via link.

Today, August 9, the Regional Investment Council meeting in Issyk-Kul Region concluded. The two-day event brought together over 100 participants, including representatives from the business community, government agencies, international organizations, media, and civil society.

The meeting addressed key issues related to the long-term prospects and development opportunities for Issyk-Kul Region. Special attention was given to the development of a regional investment plan and a roadmap that will serve as a foundation for sustainable economic growth in the region.

Participants discussed the current state and future directions for public-private partnerships (PPP), with a focus on the transformational infrastructure of PPPs and their impact on the region’s economic development. Successful projects and initiatives that are already contributing to the improvement of the investment climate and attracting new investments to the region were also presented.

One of the key aspects of the meeting was the further enhancement of the local business ecosystem. Measures to improve the conditions for entrepreneurship and stimulate economic activity in the region were discussed.

The Regional Investment Council meeting confirmed the strong interest of participants in the joint development of Issyk-Kul Region and collaboration to achieve common goals. Participants agreed to further strengthen partnerships and continue working on the implementation of strategically important projects aimed at improving the well-being of the region and its population.

The meeting was organized by the Office of the Plenipotentiary Representative of the President of the Kyrgyz Republic in Issyk-Kul Region in cooperation with the Public-Private Partnership Center (PPP) and the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, with the support of the United Nations Development Programme (UNDP) and the International Finance Corporation (IFC) in the Kyrgyz Republic.

On August 9, 2024, during the morning session of the second day of the Regional Investment Council meeting in Issyk-Kul Region, several significant projects and initiatives were presented. These projects are aimed at supporting the agricultural sector and enhancing economic development across the region.

Agricultural Sector Support

Torgul Bekov, Director of the Center for Agribusiness Competitiveness, presented key projects supported by the World Bank. These initiatives include sustainable agro-food clusters and dairy productivity enhancement, providing essential equipment and services to thousands of farmers​.

Uzbek-Kyrgyz Development Fund Initiatives

Aziz Aaliev of the Uzbek-Kyrgyz Development Fund highlighted projects approved by the fund, such as the construction of a small hydroelectric power station and leasing equipment for local businesses, which are expected to modernize regional industries​.

Russian-Kyrgyz Development Fund Contributions

Adilet Erkinov detailed the impact of the Russian-Kyrgyz Development Fund, which has financed over 3,000 projects. The fund’s investments in agriculture, industry, and infrastructure have significantly contributed to the region's economic growth​.

Regional Development and Social Partnership

Askat Madumarov, from the Fund for Social Partnership for Regional Development, presented projects aimed at creating mini-plants for safflower oil production and wool processing. These projects are designed to add value to local agricultural products and create new income opportunities for rural communities.

Export Development and Halal Industry

Damira Askarbekova, Head of Export Development at the Kyrgyz Export Center, discussed the export potential of Kyrgyzstan’s agricultural products and the strategic importance of expanding into international markets .

Almaz Kairbekov, Director of the Halal Industry Center, presented on the growing demand for halal products and the opportunities for Kyrgyz producers to tap into this expanding global market.

These presentations collectively emphasized the critical role of continued investment in the agricultural sector and the development of regional economies. The diverse range of projects and international partnerships showcased during the session underscores the importance of collaboration in achieving sustainable development goals for the Issyk-Kul region and beyond.