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  • A MEMORANDUM FOR THE FORMATION OF COORDINATION COUNCIL FOR THE CREATION AND DEVELOPMENT OF CLUSTERS WAS SIGNED.

    A MEMORANDUM FOR THE FORMATION OF COORDINATION COUNCIL FOR THE CREATION AND DEVELOPMENT OF CLUSTERS WAS SIGNED.

    On February 19, 2020, a Memorandum on the formation of a coordination council on the creation and development of clusters was signed, within the framework of which the parties agreed on joint expert, information, and analytical activities, as well as on further practical application on the results of activities in the development of projects  based on the cluster approach. The memorandum was signed by the heads of the Economy of the Kyrgyz Republic S. Mukanbetov, the Ministry of Agriculture, Food Industry and Land Reclamation of the Kyrgyz Republic E. Choduev, the Chairman of the Management Board of OJSC “Guarantee Fund” M. Abakirov, Russian-Kyrgyz Development Fund A. Aaliev, “BT Innovations” financial fund T. Ashimov, OJSC “RSK Bank” A. Omorkulov, OJSC “Ayil Bank” B. Shamkeev.

    The purpose of the Memorandum is to establish a Coordinating Council for the development of partnerships and effective cooperation aimed at preparing and initiating the development of clusters in various sectors of the economy of the Kyrgyz Republic, as well as establishing partnerships and developing effective and mutually beneficial cooperation aimed at supporting the application of cluster projects in various sectors of the economy by financial, methodological, organizational support of economic agents – participants of these projects.

    To this date, In Kyrgyzstan, initiatives to develop clusters in the regions can be implemented in several leading sectors of the economy in which the necessary economic conditions have matured, namely:

    • In agro-industrial complex (the areas of: milk, fish, meat, wool, etc.)
    • In light industry, primarily in the clothing industry;
    • In tourism (in direction of resort and recreational tourism, skiing, ecotourism, etc.)
    • In small energy and other sectors of economy.

     

    Today, OJSC “Guarantee Fund” is implementing two cluster projects – “Development of Intensive Sheep Husbandry” and “Integrated Dairy Productivity Improvement” (issuing loans to farmers in Issyk-Kul region). Since the start of the project in the dairy industry, 110 members of milk producer groups have been granted loans totaling 45.748 million KGS.