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    11/04/2024, 11:11

    Bishkek is becoming attractive to foreign investors

    Kyrgyzstan attracted $462.2 million of foreign direct investment in the first half of 2024 - a 7.7% increase compared to last year. The Head of the National Agency for Investments Talanbek Imanovhis reported it.

    According to the Kyrgyz Republic National Statistics Committee, the volume of foreign direct investment (FDI) for the first six months of 2024 was $462.2 million. This figure is 7.7% higher than the result of the same period in 2023 when the amount of FDI was $429.1 million. The increase in capital inflows indicates the growing interest of international investors in the Kyrgyz economy and the gradual stabilisation of investment activity.

    The key investor countries in the 2024 first half were China, Russia and Turkey. China invested $109 million, 23.6% of total foreign direct investment. It is followed by Russia with $108 million (23.5%) and Turkey with $61 million (13.3%). Cumulatively, these three countries account for more than half of the foreign investments in the Kyrgyz economy.

    There is a growing interest from investors from non-CIS countries: their contribution totalled $280.4 million, or 60.7% of total FDI. This indicator emphasises the high level of interest from international partners and confirms the success of Kyrgyzstan's efforts to attract capital from outside.

    Manufacturing, mining and trade attracted the most interest from foreign investors. Manufacturing attracted $168.6 million, 36.5% of total FDI, mining accounted for $67.1 million (14.5%), and wholesale and retail trade $85.9 million (18.6%).

    Regionally, the largest investment amount was recorded in Bishkek, which attracted $229.3 million, accounting for 49.6% of total FDI. Chui Oblast received $96.6 million (20.9%), Jalal-Abad Oblast received $65.8 million (14.2%), and Talas Oblast received $50.7 million (11%).


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