The Ministry of Economy of the Kyrgyz Republic has outlined a course for GDP at $4500 and a new industrialization.

Яна Орехова Economy
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Ministry of Economy of the Kyrgyz Republic outlines GDP target of $4500 and new industrialization
The Collegium of the Ministry of Economy and Commerce of Kyrgyzstan held a meeting attended by Deputy Prime Minister Bakyt Torobaev. The main topic of the meeting was the discussion of the implementation of the National Development Program, which aims to achieve a GDP per capita level of $4,500 by 2030.

First Deputy Minister of Economy Choro Seiitov presented a report for 2025, highlighting the stable growth of the economy: the GDP volume amounted to 1,976.4 billion soms with a real growth rate of 111.1%. In 2026, the government plans to implement large-scale reforms that will be divided into several key areas.

As part of the industrialization efforts, it is planned to create a special Fund for Industrial and Technological Development, as well as to build a factory for electric vehicles in the Sokuluk district of the Chui region. Additionally, a new Industrial Development Strategy and a specialized law on industrial policy will be developed.

To form a regional hub, the "Export Accelerator" program will be launched to facilitate the entry of sewing companies into the EU market and the exploration of berry markets in the UAE and Europe. Within the GSP+ system, special attention will be paid to promoting the export of dried fruits, nuts, and felt products.

In the tourism sector, the focus will be on attracting investors through the creation of an "Investment Package" and the legalization of modern forms of recreation, such as glamping and eco-hotels. There are also plans to implement national service quality standards that meet international practices and to develop tourism clusters.

As a result of the meeting, Bakyt Torobaev instructed to conduct an audit of all industrial facilities in the country to provide them with targeted state support. The Deputy Prime Minister also suggested that the ministry consider the possibility of creating modern data centers that meet global standards to meet the growing global demand for data storage. Minister of Economy Bakyt Sydykov confirmed that all proposed initiatives will be reviewed and taken into consideration.
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