On September 11, 2019, there was held the meeting of Ambassador Extraordinary and Plenipotentiary of the Kyrgyz Republic to the Republic of Turkey Kubanychbek Omuraliev with the leadership and representatives of companies of the First Organized Industrial Zone (OIZ) (Sinjan) of the Industrial Chamber of Ankara city.
For Turkish businessmen there was made a presentation on investment opportunities and the climate in the Kyrgyz Republic, including on the conditions for doing business (low taxes and costs of doing business), as well as on macroeconomic indicators and foreign trade turnover of the Kyrgyz Republic, on membership of the Kyrgyz Republic in the EEU and the status of GSP + from the European Union. Ambassador K. Omuraliev also drew attention to priority sectors of the Kyrgyz economy, such as agriculture, light industry, hydropower, mining, information technology and tourism.
During the meeting, representatives of companies of Sinjan OIZ were able to ask questions to Mr. Kubanychbek Omuraliev on issues of interest. In particular, the questions concerned the right of private ownership of land, development of mineral deposits, etc. K.Omuraliev noted that there is a right of private ownership of land in the Kyrgyz Republic. He also noted that in Kyrgyzstan, a license to develop mineral deposits is issued through a tender.
As part of the event and on the initiative of the host, K. Omuraliev also visited the enterprises of this OIZ - Erkunt and Hidromek, which produce agricultural and construction equipment.
For reference: The 1st Organized Industrial Zone of the Industrial Chamber of Ankara (hereinafter referred to as OIZ Sinjan) was founded in 1978 and is one of the 5 largest organized industrial zones of Turkey. Production at OIZ began in 1990.
The Sinjan OIZ mainly produces products of mechanical engineering, defense industry, metalworking, electricity and electronics, aluminum processing, textile and chemical industries, agricultural tools and equipment, hardware, furniture, metal, food, etc. Sinjan also has its own technical colleges.
Sinjan OIZ is located on 1000 hectares of land, has 335 industrial plots ranging from 5,000 to 100,000 m². At present, 270 plants and factories are working in OIZ and there is planned to increase it until 335.