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๐Ÿ‡ฐ๐Ÿ‡ฌ Kyrgyzstan /Economy & Trade

Kyrgyzstan to bar foreign investors from leasing border land

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Kyrgyzstan will not lease land in border regions to foreign investors, President Sadyr Japarov stated.
  • Border territories are under special state control due to national security concerns.
  • The country aims to attract investment for production and economic development while protecting national interests and agricultural land.

Kyrgyzstan will not lease land in its border regions to foreign citizens or legal entities, President Sadyr Japarov announced in an interview with the Kabar news agency. These border territories are considered vital for national security and are therefore under special state control.

Japarov emphasized that agricultural land will also be restricted from foreign ownership or lease. The president stated that a mechanism is being introduced to prevent such lands from being granted to foreigners, ensuring they are utilized by domestic farmers and agricultural producers.

"We attract foreign investment exclusively for projects aimed at developing the country's production and economy," Japarov explained. He cited examples such as building factories, creating logistics centers, processing enterprises, and developing projects in energy and tourism. These initiatives are intended to create jobs, generate tax revenue, and boost the national economy.

The proposed changes aim to establish a clear framework for investment agreements, specifying which lands can be provided and which are completely prohibited. The president reiterated the dual goal of creating favorable investment conditions while reliably safeguarding national security, strategic state interests, and agricultural lands.

We attract foreign investment exclusively for projects aimed at developing the country's production and economy. ... Our goal is, on the one hand, to create favorable conditions for attracting investment, and on the other, to reliably ensure the protection of national security, the strategic interests of the state, and agricultural land.

โ€” Sadyr JaparovExplaining the country's policy on foreign investment and land use.
DistantNews Editorial

Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.