By H.E. Asein Isaev, Ambassador of Kyrgyz Republic.
Kyrgyzstan is a country of majestic mountains, pristine nature, rich culture and hospitable people. Kyrgyzstan is the land of boundless opportunities with rich natural resources and great potential.
Only for 24 years of independence, Kyrgyzstan managed to achieve the democratization of social and political life, liberalization of doing business conditions, foreign trade activities, membership in international organizations and unions.
Kyrgyzstan has provided to the entrepreneurs freedom of trade, opened up the opportunities for the development of production and access to international markets, as well as to its internal market.
Furthermore, Kyrgyzstan has advantages among CIS countries in terms of investment attractiveness on a number of factors, as implementation of a program of market reforms and macroeconomic stabilization, active works on the privatization of telecommunications, energy and transport sectors, full-fledged free trade regime, free money exchange system and unrestricted movement of capital, liberal investment regime, where all sectors of economy are open to investors, free economic zones that provide favorable conditions for business.
Mining, manufacturing, tourism and processing industry sectors are more attractive for investments. There are numerous large mining and processing enterprises operating in the Kyrgyz Republic. In the meantime, according to international experts, with a relatively small area and good geological exploration, mineral resource potential is used poorly.
According to international financial institutions, mining sector in Kyrgyzstan annually could generate revenue of more than one billion US dollars and become the locomotive of the entire economy of the country.
Kyrgyzstan is one of the leading places among CIS countries on the potential of renewable energy. The most suitable way for the development and practical use of renewable energy in Kyrgyzstan are development of electric power supply using energy of small watercourses, solar photovoltaic and wind power stations.
Experts estimate the overall potential of renewable energy is about 840 million tons of oil equivalent per year, while actually used about only 0.2% of them. At present, Kyrgyzstan is the only one Central Asian republic where scientific research and development in this area brought to industrial production.
Processing industry in recent years has become increasingly important, as agriculture is the main source of income for the majority of the population living in rural areas.
Kyrgyzstan since ancient times has been in the Central Asian civilization and it is an important hub in terms of international, diplomatic and cultural communications between the East and the West. Moreover, Kyrgyzstan imbibed the cultural achievements of the East and the West, occupying a prime geographical location on the trade routes.
Currently, Kyrgyzstan is becoming more attractive for fans of extreme sports, eco-tourism, hiking and bike tours, as well as for people interested in the history and the present day countries located on the Silk Road. Kyrgyzstan has unique natural resources, historical and cultural sites of global significance, as well as the necessary conditions for the development of international tourism.
Kyrgyzstan has introduced a visa regime for 61 countries, which also implies openness to investors. All sectors of the economy are open without restriction to the implementation of investment projects and created a very liberal terms for investors.
The Embassy of the Kyrgyzstan to the Netherlands welcomes you to the Kyrgyz Republic and will have a pleasure to guide you in the ocean of investment opportunities.
