Investments in fixed capital in the tourism sector increased by 83% from January to September
The total investment in this sector reached 17.1 billion soms.
According to the methodology of the National Statistical Committee, investments in fixed capital include expenditures on the creation, reproduction, and acquisition of fixed assets. These typically include costs for contracted construction work, as well as the cost of equipment and tools used in construction.
This growth is likely due to the launch of the "Ala-Tuu Resort" ski resort project, located near the village of Jyrgalan in the Ak-Suu district of the Issyk-Kul region.
The project was previously called "Three Peaks," which is related to its location near the Jyrgalan, Ak-Bulak, and Boz-Uchuk mountains. The first phase plans to construct hotels at the foot of the Jyrgalan mountain.
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