Isakov: One of the main tasks of Kyrgyz Government is to attract private investments

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Bishkek, Dec. 15, 2017. / Kabar/. One of the main tasks in the work of the Government of Kyrgyzstan for today is to attract private investments to implement projects based on public-private partnership, Prime Minister of the Kyrgyz Republic Sapar Isakov told during the round table "Attraction of private investments in the Kyrgyz Republic with the help of public-private partnership".

He said that in order to realize this goal, it is necessary to improve the legislative base and develop their implementation.

The head of the Cabinet stressed that the discussing topic is a very important agenda for the government, and in the implementation of these projects, the government and business should have common interests.

"We are developing a law that will create an enabling environment for the implementation of this practice, and the government will pay great attention to this topic. We must carefully study why investors are not so active in Kyrgyzstan, and take additional measures, "Isakov said.

He also added that the development of public-private partnership (PPP) in Kyrgyzstan is envisaged in the government program named 40 steps to a new era. One of the first steps in the framework of this program was the creation of a separate body responsible for working with investors - the Agency for Promotion and Protection of Investments.

The round table was initiated and organized by the International Finance Corporation (IFC). Participants of the round table were members of working groups from the Ministry of Education and Science of the Kyrgyz Republic (for schools), the Bishkek City Administration (for kindergartens), the Ministry of Economy of the Kyrgyz Republic, the Ministry of Finance and other departments.

During the round table, examples of the best world practices on PPP projects will be presented and issues of their implementation in Kyrgyzstan discussed, as well as discussed risks and problems in structuring and implementing PPP projects in similar countries.

The main goal of the event is to support and develop PPP in Kyrgyzstan. At present, the possibility of implementing PPP projects on building schools, attracting international investors for the reconstruction and management of Manas airport, as well as in the energy sector is under discussion.

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