Projects for Region Development.

On November 6, 2019, the regular meeting of the Competition Commission on selection of investment business projects, infrastructure projects, and development programs was held. The meeting was attended by the Chairman of the Management Board of OJSC “Guarantee Fund”, Malik Abakirov, and the Head of the Consulting Services Department, Marat Urustemov.

39 business projects from Batken, Talas, Osh, Chui, and Jalal-Abad regions, for total amount of more than 600 million KGS, were submitted to the Competition Commission for consideration. As a result of the discussion, 19 projects were approved for a total amount of 155.459 million KGS in the framework of 2 billion KGS allocated from the republican budget for regional development.

Projects from Batken, Osh regions were represented by Governor Akram Madumarov. 23 projects were submitted, a number of them were approved by the Commission, including one of two projects prepared with the participation of OJSC “Guarantee Fund”. The selected project is focused on fishery in Isfana city.

When discussing this draft, clarifications were given to members of the Tender Committee by the Chairman of the Management Board of OJSC “Guarantee Fund”, Malik Abakirov.