Kyrgyzstan Set To Boost Machine-Building Share In GDP Structure
Date
12/20/2024 5:10:15 AM
(MENAFN- Trend News Agency)
BISHKEK, Kyrgyzstan, December 20. Kyrgyzstan
plans to increase the share of machine building in the GDP
structure, the chairperson of the Cabinet of Ministers of
Kyrgyzstan Adylbek Kasymaliev said at the third People's Kurultai
in Bishkek, Trend reports.
“More than 100 enterprises have already been opened in the
country, including 4 large plants. The goal is to increase the
share of mechanical engineering in the GDP structure from the
current 16 percent to 25 percent in the short term,” Kasymaliyev
said.
The head of the Cabinet stressed that the construction of
railroads (Balykchy-Kochkor-Kara-Keche and
China-Kyrgyzstan-Uzbekistan) will create new economic centers and
logistics hubs and turn Kyrgyzstan into a land port. This will lead
to an increase in average wages in these regions (Kochkor,
Kazarman, Jalal-Abad, Ak-Talaa, At-Bashy) by 20 percent or
more.
He also noted that Kyrgyzstan is positioned as a key reliable
partner in Central Asia in the field of hydropower. According to
him, it is planned to develop the potential of solar, wind, and
hydropower while eliminating the state monopoly and creating
favorable conditions for attracting investment.
Kasymaliyev also stressed that the joint construction of a
railroad with Uzbekistan and cooperation on the construction of
Kambarata HPP-1 with Kazakhstan and Uzbekistan contribute to
strengthening regional cooperation and creating favorable
conditions for further development.
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