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Uluk Kydyrbaev on the significance of RICs

Monday, 22 September 2025 09:50

Uluk Kydyrbaev, Head of the Secretariat of the Business Development and Investments Council under the Cabinet of Ministers of the Kyrgyz Republic, shared his views on the significance of the Regional Investment Council (link to the interview).

He emphasized that the RIC is not just an advisory body, but a living platform for dialogue. Here, entrepreneurs can openly voice their problems, government agencies provide responses, decisions are recorded in protocols, and their implementation is monitored by the Secretariat. This mechanism ensures genuine partnership between business and the state, helps to remove barriers, and creates a “roadmap” for regional development.

At the meeting in Jalal-Abad, new projects were presented in the fields of green energy, agricultural processing, tourism, and infrastructure. The main goal of the Council is to unite the efforts of government, the business community, and partners to create favorable conditions for investment, generate new jobs, and promote sustainable regional development.

In the near future, meetings of the Regional Investment Councils will also be held in other regions of the country.

The work of the Regional Investment Councils (RICs) is carried out under the Offices of the Plenipotentiary Representatives of the President of the Kyrgyz Republic in the regions. The activities of the RIC Secretariats are supported within the framework of a tripartite agreement between the Secretariat of the Business and Investment Development Council under the Cabinet of Ministers of the Kyrgyz Republic, UNDP in the Kyrgyz Republic, and the PPP Center under the National Investment Agency.

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