Today, society and the state are ripe for attracting large investments - Chamber of Commerce and Industry of the Kyrgyz Republic

Сергей Мацера Economy / Exclusive
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At the forum "Investment Vector: State and Business," the Chairman of the Chamber of Commerce and Industry of the Kyrgyz Republic, Temir Sariev, noted that government structures should not control business but rather engage in partnership relations with it. According to him, this approach will create optimal conditions for attracting investments and developing entrepreneurship. Sariev highlighted several key factors necessary for business confidence and attracting investors. "First, stability in the country; second, stability in legislative regulation; third, the presence of fair and effective governance capable of quickly resolving issues within the law; fourth, liberal tax conditions; and finally, fifth, positive public opinion. As witnesses to the maturation of society and the state, we see that it is now possible to attract significant investments. We already have projects that are important both for Kyrgyzstan and for the entire region," he emphasized. Among the specific initiatives mentioned by Sariev, he highlighted the construction of the railway "China – Kyrgyzstan – Uzbekistan." This project will become the largest investment direction, allowing Kyrgyzstan to position itself as a transit country. He also drew attention to the construction of a large hydroelectric power station with the Kambrata-1 reservoir. "This project will give us enormous advantages, providing sufficient electricity to attract new investments and equal interaction with neighboring countries," he added.
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