В Баткене прошел инвестиционный форум «Развитие Баткена – развитие страны»

Batken hosted the investment forum “Development of Batken –

development of the country”

 

On October 14, the investment forum “Development of Batken – development of the country” with the participation of domestic entrepreneurs was held in the city of Batken in the format of a public–private dialogue.

The Forum was attended by heads of government agencies, financial institutions and organizations, potential investors, domestic entrepreneurs, representatives of the diplomatic corps and international organizations.

As part of his first trip to the regions of the country as Chairman of the Cabinet of Ministers, Akylbek Zhaparov took part in the work of the investment forum.

 

Chairman of the Board of OJSC “Guarantee Fund” Malik Abakirov took part in the panel discussion of the Forum.

The Guarantee Fund has been helping Batken for a long time. The Fund has issued more than 150 guarantees in the amount of more than 100 million soms to the Batken region. The amount of loans issued by partner banks for entrepreneurs of the Batken region to date has amounted to more than 300 million soms.

In order to develop and support the economy of the Batken region, the Guarantee Fund plans to increase the issuance of guarantees by 3-5 times in the amount of 300-500 million soms.

In addition, the Fund will contribute to the economic development of the Batken region by providing consulting support in the development of business plans for the construction of a mini-HPS on 8 sites with a total capacity of 17.5 MW. “On the basis of business plans, investment funds will be attracted to the region for the development of small and medium-sized businesses,” said Malik Abakirov.

Recall, that the Forum was held within the framework of the Decree of the President of the Kyrgyz Republic “On priority measures for the restoration and development of border villages of the Batken region” in order to increase economic potential and demonstrate investment opportunities of the Batken region and achieve a new quality of life for the local population.

The organizers of this event were the Ministry of Investments of the Kyrgyz Republic and the Plenipotentiary Representation of the President of the Kyrgyz Republic in the Batken region with the support of UNDP, EBRD, OSCE, OJSC “RSK-Bank” and “Aiyl-Bank”.

It should be noted that this forum is the first event taking place in the Batken region of this level, the main purpose of which is to attract investment to the region through the disclosure of its entrepreneurial potential, demonstrating the investment opportunities of the Batken region, which contributes to achieving a new level of quality of life of the local population.

According to the organizers, it is expected that this forum will become a platform not only for discussing topical issues of social-economic development of the Batken region, but in the future it will allow reaching important agreements.