Conditions for Venture Funds to Operate Will Be Created in Kyrgyzstan
According to Sabirov, the main goal of this law is to create favorable conditions for venture funds and corporate investors, as well as to promote the development of innovative projects and technological startups.
“This is not just an update of legislation, but a transition to a new model that includes clear and guaranteed rights for investors, investment protection, expanded mechanisms for public-private partnerships, and flexible tools for structuring deals,” he noted.
The year 2025 will be a key stage in forming a new investment structure for the Kyrgyz Republic. In August, the laws "On Investments" and "On Public-Private Partnerships" were already adopted, which guarantee international and transparent principles of interaction with investors.
These laws are based on the principles of the rule of law, fairness, transparency, and openness, as well as on the protection of investment activities and the good faith of investors, emphasized Ravshan Sabirov.
Moreover, he mentioned that in accordance with Presidential Decree No. 359 of December 12 "On Raising the Status and Strengthening the Role of the National Investment Agency under the President of the Kyrgyz Republic," a new model of state investment management has been defined.
“The increase in the agency's status implies the creation of a single center of competencies responsible for the strategic management of investment processes. We are moving from a fragmented approach to a centralized and professional investment support system. This is an important step towards strengthening trust and creating a predictable business environment,” he added.
“Investors should receive clear processes, a transparent decision-making system, and effective support at all stages of the investment project implementation,” Sabirov noted.
He also emphasized that for the first time, a platform for direct interaction between the state and investors on issues of protecting their rights and guarantees has been created.
“In the course of this work, we, together with the General Prosecutor's Office, held a series of meetings with business associations, where each raised question and issue was considered with the aim of finding specific and effective solutions,” he added.
These efforts have allowed for the rapid establishment of a sustainable platform of trust between the state and investors, which is why Kyrgyzstan is now viewed as a country with an open economy and clear rules for long-term investments.
Among the confirmations of this is a significant influx of foreign investments, with the main investors being China, Russia, Turkey, the Netherlands, Kazakhstan, and other countries.
This diversity of investment sources indicates a growing trust and interest in Kyrgyzstan from neighboring countries, as well as international partners from Europe and Asia, opening new opportunities for large projects in key sectors of the economy.
As part of the Digital Transformation Concept, we are implementing tools aimed at increasing transparency and the efficiency of interaction with investors. The official portal of the National Agency has also been updated, and a 24/7 chatbot has been launched for quick consultations,” summarized Ravshan Sabirov.
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