The transition of the Kyrgyz Republic to a new industrial development model will be ensured by a new strategy

Ирэн Орлонская Economy
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The Ministry of Economy and Commerce has initiated a discussion on the strategy for sustainable industrial development in Kyrgyzstan, which is intended to serve as the foundation for transitioning to a new industrial model.

The development and implementation of this strategy aim to achieve sustainable growth, technological independence, and an improved standard of living for the population.

The draft strategy emphasizes the development of regional industries, taking into account their unique specializations, as well as specific support measures, including access to financing, infrastructure, and human resources.

Within the framework of the strategy, key tasks have been identified for various sectors of industry, management, finance, and investment, as well as for enhancing export potential and developing social and environmental aspects.

The main goal of the strategy is to create an effective management system in the industry, attract investments, and develop the sector while considering regional characteristics and integration processes with other countries, which will enable a transition to high-tech and competitive production.

At present, Kyrgyzstan faces challenges related to the need to ensure sustainable economic growth through the development of the processing industry and the formation of an export-oriented economy, as indicated in the justification note.

However, the current institutional and regulatory framework does not allow for effective solutions to the tasks at hand in the context of global competition and technological changes.

In the context of global economic changes and increasing competition for investments and markets, Kyrgyzstan's industry must overcome several systemic difficulties:


According to information from the Ministry of Economy, special attention is being paid to the processing industry as a key sector. By 2030, the following results are planned:


Thus, the draft strategy represents a comprehensive document that defines priority areas and mechanisms of state industrial policy until 2030.
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