According to Zheenaliev, the implementation of this initiative is aimed at increasing the competitiveness of the republic in attracting foreign investments. Given that the total volume of foreign direct investment (FDI) in the world is about 1.2 trillion dollars, Kyrgyzstan aims to create the most favorable conditions for investors.
He added that the state offers not only land plots but also an extensive package of benefits. Investors can expect exemptions from customs duties on raw materials and equipment, as well as tax holidays for three types of taxes for up to five years for large, national, and strategically important projects, with the possibility of extending this period for another five years.
