The Director of Kyrgyzstan's National Investment Agency, Talantbek Imanov, presented data on the inflow and outflow of foreign investments in and out of Kyrgyzstan, the Kyrgyz Cabinet of Ministers’ press service reports.
According to the agency's data, the leaders in foreign direct investment in Kyrgyzstan are as follows:
1. China invested approximately $109.3 million, representing 23.6% of the total inflow of direct investments.
2. Russia invested $108.3 million, accounting for 23.5% of the total inflow.
3. Turkey doubled its investments compared to last year, with Turkish investments in 2024 reaching $61.2 million, or 13.3% of the total.
In addition to the top three, other notable investors include the Netherlands with $29.9 million (6.5% of the total) and Kazakhstan with $28.8 million (6.2% of the total inflow).
In his report, Imanov also noted that despite the development of long-term cooperation with these countries, there is an observed capital outflow. He attributed this outflow to factors such as:
- The completion of individual projects,
- Short-term investment strategies, and
- Economic instability.
CentralasianLIGHT.org
November 4, 2024