Russia To Assist Kyrgyzstan In Totting Up Potential For Industrial Parks
Date
9/13/2024 3:08:29 AM
(MENAFN- Trend News Agency)
BISHKEK, Kyrgyzstan, September 13. A roadmap
was signed between Russia's Ministry of industry and Trade and
Kyrgyzstan's Ministry of Economy and Commerce to explore the
feasibility of establishing industrial and technology parks in
Kyrgyzstan at the Kyrgyz-Russian Forum, the Kyrgyz ministry told
Trend .
The collaboration will dive into the nuts and bolts of
establishing industrial and Technology parks in Kyrgyzstan, tapping
into Russia's know-how in getting these ventures off the ground and
keeping them running smoothly.
According to the ministry, these parks are considered critical
for creativity and economic progress, and Kyrgyzstan is strongly in
favor of their expansion.
The recent Kyrgyz law "On Technology Parks," enacted on July 12,
2024, provides a legal framework for the establishment and
development of these parks. It aims to facilitate technology
transfer, create new jobs, and lay the foundation for a
knowledge-based economy in Kyrgyzstan.
According to the country's State Statistical Committee,
Kyrgyzstan's industrial output for January through August 2024
reached over 330 billion soms ($3.9 billion), which is a 0.7
percent increase compared to the same period last year.
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