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Strengthening Public-Private Dialogue: The Role of PPPs in the Activities of Regional Investment Councils

Friday, 24 October 2025 05:35

The second day of the IV International Forum on Public-Private Partnerships (PPP), one of the key panel sessions titled “Strengthening Public-Private Dialogue: The Role of PPPs in the Activities of Regional Investment Councils” took place.
The session was moderated by Uluk Kydyrbaev, Head of the Secretariat of the Business and Investments Development Council under the Cabinet of Ministers of the Kyrgyz Republic.

The discussion focused on practical tools for implementing PPP projects in the regions, improving the effectiveness of cooperation between businesses and public authorities, and strengthening the institutional role of Regional Investment Councils (RICs) as key platforms for promoting investment initiatives.

Myktybek Osmonaliev, Regional Coordinator of the RICs for the southern oblasts, presented the results of the work of the Secretariat teams in Batken, Osh, and Jalal-Abad regions.
He emphasized that RICs have become a sustainable mechanism for public-private dialogue, uniting local governments, entrepreneurs, and development partners to jointly develop solutions and implement socially significant projects.

Currently, RIC Secretariats are actively operating in six regions of the country. Their establishment was made possible under a tripartite agreement between the Council Secretariat, the United Nations Development Programme (UNDP), and the PPP Center under the National Investment Agency.

The core functions of the Secretariats include investor facilitation, assessment of regional investment potential, project pipeline formation, and preparation of PPP initiatives.
Over the past year, dozens of promising projects have been identified through the RIC platforms — particularly in tourism, utilities, infrastructure, and the agro-industrial sector.

In addition, significant attention is being paid to creating favorable business conditions, enhancing transparency of administrative procedures, and strengthening the competencies of specialists engaged in regional investment management.
A unified ecosystem for investment facilitation is being developed, ensuring consistent communication between entrepreneurs, public authorities, and international partners.

The panel discussion concluded that effective public-private dialogue is not only a tool for addressing local economic challenges but also a fundamental driver of sustainable regional development.
Participants agreed that further expansion of the RIC network and deeper integration of PPP mechanisms into regional programs will create real conditions for attracting investment and stimulating business activity at the local level.