DistantNews
Support us
๐Ÿ‡ฐ๐Ÿ‡ฌ Kyrgyzstan /Economy & Trade

Kyrgyzstan to establish international trade park in Batken region

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Kyrgyzstan plans to establish an international trade and economic park called Dostuk in the Batken region, near the borders with Uzbekistan and Tajikistan.
  • The 100-hectare park aims to boost regional integration, cross-border cooperation, and economic growth.
  • The initiative is part of a broader effort to develop a regional investment portfolio, with 158 projects currently under review nationwide across various sectors.

Kyrgyzstan is set to establish an international trade and economic park named Dostuk in the Batken region, a strategic move to foster regional integration and economic development. Bakyt Torobaev, the Special Representative of the President for Special Assignments, announced the plan during a working visit to the region.

The Dostuk park will span 100 hectares and is planned for a border area shared by Kyrgyzstan, Uzbekistan, and Tajikistan. Its primary objectives include strengthening regional cooperation, enhancing cross-border trade and logistics, and creating new economic opportunities by attracting international investment. The project is envisioned as a catalyst for unity, cooperation, and sustainable development among the three neighboring countries.

158 projects are currently being reviewed nationwide, covering agriculture, construction, tourism, addressing electricity shortages, and industrial development.

โ€” Bakyt TorobaevSpecial Representative of the President of Kyrgyzstan for Special Assignments, outlining the scope of national development projects.

This initiative is part of a larger national effort to develop a robust regional investment portfolio. Currently, 158 projects across Kyrgyzstan are under review, covering sectors such as agriculture, construction, tourism, industrial development, and solutions for electricity shortages. These projects will be categorized into small, medium, and large enterprises and subsequently presented to financial institutions and investors.

During the meeting in Batken, local officials, including the Presidential Plenipotentiary Representative Mamyrzhan Rakhimov, district heads, and city mayors, presented projects specific to their territories. The development of the Dostuk park signifies a focused effort to leverage the region's geographic position to stimulate economic activity and improve livelihoods.

The main goal of the project is to promote unity, cooperation, and sustainable development among the three countries, strengthen trade and logistics links, and create new economic opportunities through the attraction of international investment.

โ€” Bakyt TorobaevDescribing the overarching objectives of the planned Dostuk international trade and economic park.
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.