“We are very interested in strengthening the bridge of cooperation between the business community of Kyrgyzstan and Turkey and are ready to make all efforts for this,” said President of the Kyrgyz Republic Sadyr Zhaparov, on June 10, 2021, to the business community during his visit to the Union of Chambers of Commerce and Commodity Exchanges of Turkey (TOBB) in Ankara.

The head of state expressed confidence that today's event will open up wide opportunities for the development of fruitful contacts between entrepreneurs of the two countries.

 “Expanding economic cooperation is one of the key priorities of our work. There are many Turkish investors in Kyrgyzstan; at the same time, the country is open to them and is ready to receive new entrepreneurs. Kyrgyz side fully supported the initiatives of bona fide investors and provides them with maximum assistance. We are interested in attracting investments, advanced technologies and management of Turkish companies for development of the country’s economy’’ said Sadyr Zhaparov.

He reminded that after taking office as President of Kyrgyzstan, he signed two decrees: on the protection of property and support for entrepreneurs and investors, and on additional measures to protect business entities. The main goal was to increase the level of investor confidence in Kyrgyzstan and create conditions for an open business and a favorable investment climate.

Also he noted that the new Constitution contains a separate article on the creation of conditions and protection of investors by the state. The Ministry of Investments has been formed, which will provide services and benefits to potential investors based on «single window» principle.

Kyrgyzstan is ready to provide a «window» for free access to the EAEU states and to the Chinese markets. The head of state is confident that Turkish companies will be able to use the potential of the republic and freely develop these markets.

 ‘We have projects that we offer Turkish business in a number of areas of mutual interest, such as industry, public-private partnership, agriculture, tourism, mining and light industry, hydropower, e-commerce, innovative technologies. I call on Turkish businessmen to open joint ventures in Kyrgyzstan and use the full potential of Kyrgyz-Turkish cooperation. We are interested in holding a large-scale Issyk-Kul Business Forum on July 9 this year and invite Turkish companies and entrepreneurs to take an active part in this event’ he stressed.

The head of stated stressed: ‘Investors are the engine for the economy of any country, and everyone must understand and follow this principle.’ During the business forum, a video was also shown about the investment opportunities of Kyrgyzstan and its investment attractiveness.

Investment Minister Almambet Shykmamatov told in detail about the creation of conditions for investors, amendments to some legislative acts of the country on investment issues, introduction of new mechanisms for attracting foreign direct investment to the republic.

In turn, representatives of the Union of Chambers and Commodity Exchanges of the Republic of Turkey noted the high interest of Turkish businessmen in participating in the implementation of investment projects in Kyrgyzstan, as well as their intention to participate in the upcoming Issyk-Kul Business Forum on July 9.

The meeting was attended by the representatives of large Turkish companies Tekfen holding, Coca Cola suculuk a.ş., Bilkent holding, Eczacibaşı, Simetri grup, Özdersan Deri Makinaları, Yılmaz teknoloji, Pasifik Eurasia lojistik dış ticaret, which are engaged in energy, light and food industry, nanotechnology, pharmaceuticals, agriculture, logistics, mechanical engineering and other sectors.