Kyrgyzstan: Forum helps local suppliers find partners in mining business
BISHKEK (TCA) — The first Forum of suppliers of goods and services for the mining industry of Kyrgyzstan was held in Bishkek on June 27. It was not a traditional meeting when all the invitees are sitting in the hall while speakers perform reports in a planned manner. Establishing B2B contacts During six hours, the ten largest mining companies, including KAZ Minerals Bozymchak, Kumtor Gold Company, Altynken and Highland Exploration, and 28 supplier companies from various sectors of the economy established B2B contacts and concluded preliminary agreements in several halls of Hyatt Regency Bishkek. In front of the hotel, the companies demonstrated modern heavy mining equipment including excavators and bulldozers, while inside the hotel there were representatives of the largest subsoil users and local suppliers. Subsoil users explained the procurement procedures to suppliers and answered their questions. Suppliers presented their products and services at stands and in presentations. Along with suppliers of direct goods and services such as design, exploration, testing, drilling and blasting, the exhibition also included related services — food supply, workwear, lighting equipment and much more that can be purchased in the country. Askar Sydykov, Executive Director of the International Business Council (IBC) based in Bishkek, told how the idea of holding the forum appeared. “Suppliers of goods and services often turned to IBC with a request to acquaint them with purchasers, and not only for the mining industry, but also for other sectors of the economy. We decided to bring together suppliers of goods and services in one place to help them establish contacts for further joint projects,” the IBC head explained. Lack of information The cooperation often fails due to the lack of information. For example, not everyone knows that the country produces materials for mining and recycles industrial waste. Subsoil users do not always have information on where and what purchases can be made in Kyrgyzstan. At the same time, they are ready to buy more from local companies and enterprises. “Recently, the mining industry has been developing rapidly in our country, and the need for services is increasing. We support the initiative to ensure that as many local companies operate in Kyrgyzstan. The more local people work, study and develop, the less problems with local communities will investors face,” said Aigerim Omokoeva, Executive Director of the Aji Service LLC that provides special equipment and other services for the mining industry. The main activity of the company is blasting and sale of explosive materials for industrial explosions. “In terms of safety, we have a great responsibility towards people and comply with all international and local safety and environment standards,” she added. Efficiency of local suppliers could be improved if local companies are given open access to tenders. “Kyrgyzaltyn (Kyrgyz Gold) state enterprise’s information about tenders is the only source for us to participate in tenders. We learn about tenders through our colleagues, geologists, who have been working in the industry for a long time,’” Omokoeva said. How to become a Kumtor supplier Kumtor Gold...
