Kyrgyz President Invites German Companies To Joint Logistics Projects
Date
9/17/2024 6:09:04 AM
(MENAFN- Trend News Agency)
BISHKEK, Kyrgyzstan, September 17. German
logistics companies can join the implementation of strategic
projects in Kyrgyzstan, the nation's President Sadyr Zhaparov said
during a meeting with German business representatives in Astana
today, Trend
reports via the President's Administration.
Zhaparov also highlighted the potential for cooperation with the
Kyrgyz side in the areas of hydropower plant construction and the
development of renewable energy sources.
The head of state noted that, given the climate challenges,
projects involving the construction of modern reservoirs, the
modernization of irrigation systems, and the implementation of
mechanized and drip irrigation technologies hold strategic
interest.
He pointed out that Kyrgyzstan is improving its tax legislation
by reducing the tax burden for business entities, and organizations
of national or investment significance are receiving various
benefits.
According to the president, thanks to the government's support
measures for the business sector, there is an increase in foreign
direct investment inflows into Kyrgyzstan, with Germany being among
the top five countries for foreign investment this year.
To note, Zhaparov has arrived in Astana to participate in the
Central Asia – Germany summit. As part of the visit, he met with
Scholz.
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