A delegation from the Kyrgyz Green Infrastructure Fund and representatives of Sino American Global Fund met with Kyrgyzstan's National Investment Agency to discuss investment projects in renewable energy and sustainable agro-industrial production.
Key Discussion Points
During the meeting, the parties discussed the prospects of implementing investment projects in the fields of renewable energy sources and sustainable agro-industrial production. Particular attention was given to the project for the construction and operation of a solar power station in the city of Balykchy, as well as the project for the creation of a modern greenhouse-factory covering 50 hectares.
Cooperation and Government Support
Within the framework of the meeting, questions of cooperation, government support, investment conditions, and steps for further development of the projects were considered.
"Attracting investments is a strategic priority that ensures sustainable economic growth, creates new jobs, and contributes to the modernization of the country. The government is taking consistent measures to protect businesses, liberalize tax and customs policies, and create a predictable business environment. Key laws on investment and PPP have been adopted, the status of the National Agency has been elevated, and an investment strategy through 2030 is being developed. All these steps are aimed at strengthening investor confidence and making Kyrgyzstan one of the most attractive investment hubs in Central Asia."
High Potential Recognized
The parties noted that the Kyrgyz Republic has high potential for the development of green energy and the introduction of innovative technologies in agriculture. The implementation of these projects will contribute to attracting foreign direct investment, creating new jobs, increasing tax revenues, and strengthening the country's food and energy security.
Meeting Outcomes
In conclusion, readiness was expressed to provide comprehensive support in accompanying priority investment initiatives, and the importance of developing partnerships with international financial and investment institutions was noted.
Meeting Gallery
Source: National Agency for Investments under the President of the Kyrgyz Republic. Read original article →
