KR demonstrates accelerated rates of attracting foreign direct investment

Арестова Татьяна Economy
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According to the Eurasian Development Bank, Kyrgyzstan is demonstrating a growth in foreign direct investment (FDI) from countries in the Eurasian region, which is nearly three times higher than the average level for this region.

Over the past year and a half, the volume of accumulated investments from countries in the Eurasian region has increased by 21 percent, while the average growth for the region was only 6.2 percent, as stated in the EDB report.

In absolute terms, the volume of FDI in Kyrgyzstan reached 2.4 billion US dollars. The main sources of growth were Russia, which invested 300 million dollars, and Uzbekistan with 120 million dollars.

Among the key sectors contributing to growth are energy (+210 million dollars) and manufacturing (+95 million dollars).

All investment projects planned for 2024–2025 fall into the greenfield category, including major projects for the construction of a solar power plant and a health resort complex in the Issyk-Kul region.

Interest in Kyrgyzstan's economy from investors in the Eurasian region continues to grow steadily, and the country's investment model is gradually shifting towards the creation of new production facilities and projects in the field of renewable energy sources, as noted in the statement.
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