Bishkek Mayor Urges Investors to Avoid Corruption and Uphold Kyrgyz Law
Bishkek Mayor Aibek Junushaliyev has called on foreign investors to strictly comply with Kyrgyz legislation and avoid involvement in corrupt practices. His statement, published on the official city hall website, stresses the importance of lawful and transparent cooperation between government agencies and the business sector. “We are confident that only transparent and lawful interaction between government agencies and the business community can become the basis for the sustainable development of the capital and attract investment,” Junushaliyev stated. He affirmed that the mayor’s office remains open to dialogue, ready to support responsible investors, and committed to ensuring full transparency in transactions. However, he warned that any attempts to bypass the law through corrupt means would be met with firm opposition. Background: Deputy Mayor Arrested The mayor’s remarks follow the recent arrest of Bishkek Deputy Mayor Taalaibek Baigaziev by the State Committee for National Security. Baigaziev stands accused of soliciting a $35,000 bribe from a foreign company in exchange for lobbying efforts related to the capital’s thermal power plant reconstruction project. After partially failing to deliver on his promises, he was reportedly caught red-handed while returning a portion of the money. A criminal case has been opened against him. Ongoing Projects and Investment Environment In his statement, Junushaliyev highlighted major investment projects currently underway in Bishkek with foreign participation. These include the construction of a multifunctional residential and business complex on the site of the former hippodrome, a waste-to-energy incineration plant, and the modernization of the city’s sewage treatment facilities. He stressed that all these initiatives are being carried out strictly within the bounds of the law and should serve as a model for future investment. “The city administration will continue to adhere to a policy of openness, legality, and a firm stance against corruption,” he said. “If, during the implementation of a project, you encounter any unlawful actions by officials, such as extortion, coercion, or other forms of corruption, please report them immediately to the city hall’s anti-corruption department or law enforcement authorities.” According to the National Statistical Committee of Kyrgyzstan, foreign investment in Bishkek reached $525 million in 2024, a 50% increase compared to the previous year.