13.02.25
Kyrgyzstan attracted around $2 billion foreign direct investment, according to the recent international rankings, Deputy Chairman of the Cabinet of Ministers Daniyar Amangeldiev told at a briefing, Tazabek reported.
Such rates will continue this year, he said. The authorities plan to begin construction of large hydroelectric power plants, such as the Upper Naryn cascade, the Kokomeren and Kazarman HPPs. A number of memorandums have already been signed, but to implement them, the government has taken steps to reduce the state's monopoly on power generation, Amangeldiev said.
He emphasized that active work is underway to develop renewable energy sources, including solar and wind power, as well as the use of the country's hydro potential. Investment policy of Kyrgyzstan is aimed at supporting foreign investments and creating favorable conditions for their implementation. The energy sector includes not only electricity generation, but also oil refining, production of own oil products and efficient use of raw materials, Amangeldiev added.