Kyrgyzstan To Prioritize Investment Quality Over Quantity, Japarov Says

(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 22. Kyrgyzstan, along with attracting technologies, mastering new skills and experience, and improving productivity, will focus not so much on the quantity of investments as on their quality, President of Kyrgyzstan Sadyr Japarov said on October 21 in Bishkek at a republican meeting, the president's press service reports.

The event, attended by heads of state bodies and institutions, identified the key priorities of state policy until the end of 2030.

"There are a lot of people willing to invest in Kyrgyzstan. However, we must carefully analyze each proposal, approach it pragmatically, and build cooperation that is beneficial both to the state and to the investor," Sadyr Japarov said.

He noted that the country will continue to simplify the issuance of permits, the procedures for concluding investment agreements, and investor support.

"Our task is not just to attract investments, but to create the necessary conditions for the successful implementation of projects so that they ensure the creation of new jobs, the development of production, and long‐term economic growth. Instead of creating bureaucratic hurdles and making investors run after you - if this is a real investor, then you should be the ones running after them," the president added.

Furthermore, Sadyr Japarov emphasized that competent investor support is a crucial component of the investment policy.

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