BAKU, Azerbaijan, June 25. One of Kyrgyzstan’s
key priorities is to maintain high rates of economic growth, the
country’s Minister of Economy and Commerce Bakyt Sydykov said
during the Eurasian Development Bank (EDB) Annual Meeting and
Business Forum in Almaty, Trend's special correspondent reports from the
event.
Sydykov said Kyrgyzstan’s GDP grew by 12.2% in January–May 2026,
driven by expanding domestic demand, increased investment activity,
industrial production, construction, services, and foreign
trade.
“This creates a foundation for achieving our long-term
socio-economic development goals. Our task for the coming period is
to sustain this growth momentum,” he said.
He noted that the country’s National Development Strategy
through 2030 sets an ambitious target of maintaining annual growth
at no less than 8%.
Sydykov outlined four strategic development vectors: industrial
development; establishing Kyrgyzstan as a regional hub for trade,
logistics and transit; unlocking the country’s energy potential,
including the Kambarata-1 hydropower project; and promoting
sustainable tourism and organic agriculture.
He added that key growth areas also include transport and
logistics infrastructure, energy, industrial cooperation,
agriculture, the digital economy and sustainable development
projects.
However, Sydykov stressed that the main challenge is not the
lack of ideas but the ability to rapidly transform them into
well-prepared investment projects that meet the requirements of
international financial institutions and investors.
In this regard, he said the EDB could play an important role,
adding that simplifying access for member states to the bank’s
financial and expert resources should become one of its key
priorities in the coming years.
