Sydykov noted that over 1,000 deposits have been registered in the republic, but less than half of them are subject to development.
"There are 20 recognized critical minerals in the world, and only seven of them are actively developed in our country," he added.
In order to develop this sector, according to Sydykov, Kyrgyzstan needs modern technologies, qualified personnel, and investments. "Investments in the accessibility of geological data yield a return of $7.3 for every dollar invested," he emphasized.
The head of the International Business Council also pointed out that the republic has not yet adapted international GORC standards and other modern methods for working with geological data.
The "B5+1" project is being implemented by the Center for International Private Enterprise (CIPE) as part of the "Improving the Business Environment in Central Asia" (IBECA) program, which is supported by the U.S. Department of State.
