BAKU, Azerbaijan, July 21. Kyrgyzstan plans to
tighten the rules governing the allocation of land plots for the
implementation of investment projects.
This was written by President of Kyrgyzstan Sadyr Japarov on
social media, commenting on the ongoing public discussions
surrounding the land issue.
"That is why it is proposed to revise the current legislation in
order to bring order to this area," Japarov noted.
According to the president, over the past five years the
authorities have identified numerous cases in which land plots
leased to investors for 49 years were left undeveloped, resold, or
used for purposes other than those for which they had been
allocated.
The president stressed that land plots must be used exclusively
for their intended purpose and that investors are obliged to
implement the declared projects in a timely manner, invest the
pledged funds, and create new jobs.
He added that if investors fail to meet these obligations, the
lease agreement should be terminated, the land returned to the
state, and reassigned to an investor ready to begin implementing
the project.
According to Trend's analysis, the proposed legislative changes
signal Kyrgyzstan's intention to strengthen accountability in the
management of land allocated for investment projects. By targeting
undeveloped, resold, and improperly used land, the government aims
to ensure that strategic assets generate tangible economic benefits
through timely project implementation, capital investment, and job
creation. Stricter enforcement could improve investor discipline,
reduce speculative land holdings, and make land resources more
readily available for businesses capable of delivering projects,
ultimately enhancing the efficiency of the country's investment
policy.
