In the first half of 2024, Kyrgyzstan demonstrated strong growth in attracting foreign direct investment (FDI), securing $462.2 million, a 107.7% increase compared to the same period last year, according to the National Statistics Committee of Kyrgyzstan, Akchabar reports.
The key partners in FDI inflow for Kyrgyzstan were three countries:
- China – 24% of total investments, with a 106.8% increase.
- Russia – 23%, with a 124.2% rise in investments.
- Turkey – 13%, showing the most significant growth among investor countries at 187.7%.
However, not all countries showed positive dynamics. Investments from the Netherlands decreased by 81.2%, and from Kazakhstan by 97.3%.
By region, Bishkek and Chuy Region were the most attractive for investors:
- Bishkek attracted 50% of the total FDI, with a 116.7% increase.
- Chuy Region accounted for 21% of the total, with a growth of 168.7%.
- Jalal-Abad Region received 14% of investments, with a 23% increase.
- Talas Region attracted 11% of the total, but saw a 78.8% decline in investments.
The main sectors attracting investments were:
- Manufacturing – 37% of total FDI, with a 129.4% growth.
- Trade – 19%, showing a 113.1% increase.
- Mining – 15%, although this sector saw a 74.9% decrease in investments.
CentralasianLIGHT.org
September 18, 2024