Attracting Investments from the Republic of Korea to the Country's Economy

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Attracting investments from the Republic of Korea into the country's economy


Today, October 30, the First Deputy Prime Minister of the Kyrgyz Republic, Taiyrbek Sarpashev, met with a group of investors from the Republic of Korea.

During the meeting, Taiyrbek Sarpashev noted that trade and economic relations between the two countries are expanding every year and are steadily on the rise.

“The government is interested in attracting investments from the Republic of Korea into the economy of the country. In particular, we are proposing investment projects for the reconstruction of the airport in Tamchy, the rehabilitation of the ‘Kaindinsky Cable Plant’, the construction of a large logistics center, and the development of gold ore deposits,” said the First Deputy Prime Minister.

T. Sarpashev also suggested that investors consider the possibility of investing in the country's financial sector by opening a bank in the Kyrgyz Republic.

For his part, the Executive Director of “Korea Eximbank,” Im Song Heg, noted that Korean investors are interested in investing in the economy of Kyrgyzstan, particularly in the financial sector, agriculture, and the mining industry.

The Chairman of the investment company “Truben investment,” Hong Kengkyn, stated that investors are primarily interested in political stability in the country and the safety of their investments.

In turn, T. Sarpashev assured investors that the Government of Kyrgyzstan guarantees the safety of their investments and will continue to work on creating favorable conditions for the successful implementation of investment projects.
Information Support Department
Office of the Government of the KR
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