CHOLPON-ATA, Kyrgyzstan, July 31. The
Azerbaijan-Kyrgyz Development Fund is considering approximately 30
new investment projects in various sectors of the Kyrgyz economy,
Co-Chairman of the Board of the Azerbaijan-Kyrgyz Development Fund
Zamirbek Osmonov told reporters.
He made the remark in Cholpon-Ata on the sidelines of a ceremony
to sign and exchange several bilateral documents between Azerbaijan
and Kyrgyzstan, attended by President of Azerbaijan Ilham Aliyev
and President of Kyrgyzstan Sadyr Zhaparov.
According to Osmonov, the fund has already entered the active
phase of project implementation and, to date, has approved 11
initiatives in various sectors of the economy, creating
approximately 1,000 jobs.
"The projects range from energy, logistics, education, medicine,
and manufacturing, including light industry. Currently, the fund is
considering approximately 30 of the most interesting projects from
various sectors," the official said.
He noted that the fund's priority is to support projects not
only in the country's largest cities but also in Kyrgyzstan's
regions. "We have plans to develop the Batken, Talas, Naryn, and
Issyk-Kul regions. It's Issyk-Kul that's primarily focused on
tourism," he noted.
Osmonov emphasized that increasing the fund's authorized capital
to $200 million expands opportunities for implementing new
initiatives.
"Increasing the fund's authorized capital to $200 million gives
us the opportunity to more confidently consider the most promising
projects," Osmonov said.
He highlighted energy, logistics, industry, and agricultural
processing as key areas for the fund's future work.
"During the expanded meeting, the presidents noted the most
promising sectors of our country's economy: energy, logistics,
industry, and agricultural processing. We'll also participate in
these areas," he added.
