On 25 November, the Regional Investment Council of Issyk-Kul Region held its regular meeting in the city of Karakol.
The session brought together representatives of municipal authorities, the Vice Mayor of Karakol, tourism sector stakeholders, staff of the Office of the Plenipotentiary Representative of the President of the Kyrgyz Republic in Issyk-Kul Region, as well as specialists from the Center for Public-Private Partnership (PPP).

The agenda focused on two key issues:

• Challenges related to the allocation of municipal land plots for investment projects;
• Enhancing the competencies of municipal staff in the field of PPP, including the development of a methodological guide for PPP project implementation.

During the discussions, participants emphasized the need to strengthen awareness of the work conducted by the Regional Investment Council and the PPP Center, and highlighted the importance of establishing a unified approach to managing investment projects at both the city and regional levels.

Representatives of the PPP Center reaffirmed their readiness to provide training for municipal employees on PPP requirements and procedures — from initial project development to approval and practical implementation.

The meeting concluded with an agreement to continue joint efforts aimed at improving the investment environment and strengthening the professional capacity of municipal institutions.

The work of the Regional Investment Councils (RIC) is carried out under the Offices of the Plenipotentiary Representatives of the President of the Kyrgyz Republic in the regions. The RIC Secretariats operate within the framework of a tripartite agreement between the Secretariat of the Council on Business and Investment Development under the Cabinet of Ministers of the Kyrgyz Republic, UNDP in the Kyrgyz Republic, and the PPP Center under the National Investment Agency. The European Bank for Reconstruction and Development (EBRD) provides support for the implementation of the Council’s initiatives.