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The first meeting of the Business Development and Investment Council held in Batken

May 6, 2023

The role of investments and public-private dialogue in regional development, as well as the current problems of entrepreneurship, were discussed at the first meeting of the Business Development and Investment Council under the Plenipotentiary Representative of the President of the Kyrgyz Republic in the Batken oblast.

The meeting was held on May 4, 2023 in Batken under the chairmanship of Abdikarim Alimbaev, Presidential Plenipotentiary in the region. The meeting was also attended by the prosecutor of the Batken oblast Taalaibek Kasymbekov, representatives of the Ministry of Economy and Commerce, the National Investment Agency under the President of the Kyrgyz Republic, other government agencies, as well as the business community of the region and the country.

The creation of such councils is of particular importance, because a common platform is being created at the level of the presidential envoy, where all business issues can be openly voiced and discussed with representatives of all relevant government agencies, including law enforcement and inspectors,” said Executive Director of the International Business Council Askar Sydykov in Batken, thanking the organizers for such an important event.

Such a meeting was especially relevant due to the fact that the Batken oblast is currently in a difficult economic situation. Over the past year, the oblast received only $5.334 million of foreign direct investment, of which the largest part fell on the Kadamjai district. For comparison: Jalal-Abad oblast received $432.386 million of FDI, Osh oblast received $22.867 million.

“It is very important for us to provide all possible assistance to remote regions of the country, bringing their aspirations, appeals, problematic issues and initiatives to the central authorities, to the top leadership of the country. Therefore, we will maintain this connection,” said Sydykov on behalf of the country's largest taxpayers, IBC members.

The IBC head spoke about the tools that the business association uses in the public-private dialogue, and it is successfully developing. More and more business associations are being created in the country, including in the regions of the country.

In the regions of the country, entrepreneurs have begun to realize that it is necessary to unite and jointly defend their rights in business,” the IBC head stressed.

The meeting also addressed issues of expanding logistics routes in the region and creating a transport and logistics center in Kyzyl-Kiya, establishing markets for agricultural products, access to financing, infrastructure development and many other issues.