Kyrgyzstan assures Chinese companies of foreign capital protection to boost investment

Kyrgyzstan is actively seeking to bolster its economic ties with China, assuring potential investors of a secure environment for their capital. Erlist Akumbekov, Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry, met with representatives from about ten Chinese companies in the Xinjiang Uyghur Autonomous Region (XUAR) of China.

During the meeting, Chinese business leaders from major corporations such as China National Petroleum Corporation, China Road and Bridge Corporation, and Xinjiang Sanbao Industrial Group Co., Ltd. conveyed their intent to deepen cooperation with Kyrgyzstan. They presented investment proposals focusing on various sectors, including road construction, agricultural product processing, energy, mining, fuel, and bilateral trade.

“

Kyrgyzstan is implementing systematic state measures to ensure state guarantees for the protection and security of foreign capital, as well as to create comfortable conditions for attracting foreign investment.

Akumbekov emphasized Kyrgyzstan's commitment to providing state guarantees for the protection and preservation of foreign capital. He highlighted the government's efforts to create comfortable conditions for attracting foreign investment, assuring the Chinese companies that their investments would be secure. He also instructed relevant Kyrgyz government bodies to promptly address the issues raised during the meeting.

Further discussions and the signing of bilateral documents are anticipated during the upcoming meeting of the Kyrgyz-Chinese intergovernmental commission on trade and economic cooperation, as well as on the sidelines of the Shanghai Cooperation Organization (SCO) summit to be held in Kyrgyzstan. The meetings also included discussions with domestic Kyrgyz businesses operating with China, addressing concerns related to transit, export, and product processing.

“

The state is always ready to support both domestic and foreign investors.