BISHKEK (TCA) — Foreign direct investments (FDI) in Kyrgyzstan in January-March 2016 reduced 2.1-fold on-year and amounted to $150 million, the National Statistical Committee of the Kyrgyz Republic said on June 8.
Most FDI during this period (87 percent) came to geological exploration, financial and insurance sectors, and processing industries.
Among non-CIS countries, the largest investors in the first quarter of this year were China (with investments increasing 15.1-fold) and Turkey (3.8-fold increase).
In 2015, Kyrgyzstan received FDI totaling $1.573 billion compared to $727 million in 2014, the Kyrgyz Economy Ministry said with reference to the National Statistical Committee.
Most FDI came from Russia ($515.488 million), China ($474.412 million), the UK ($189.508 million), Canada ($130.250 million), and Turkey ($111.112 million).
Among Kyrgyzstan’s regions, most FDI came to the capital Bishkek (Bishkek Park, financial sector) — $741.465 million, followed by the Chui province (Altyn-Ken, Junda oil refinery, Kant Cement and Slate Plant) — $453.474 million, Jalal-Abad province (exploration by Kazakhmys) — $202 million, and Issyk-Kul province (Kumtor gold mine) — $132 million.
Among economic sectors, most FDI in 2015 came to geological exploration — $261.9 million or 16.6 percent (mainly from Kazakhmys); processing sector — $564.7 million or 35.9 percent (Kumtor, cement plants); energy sector — $136.7 million or 8.7 percent (mainly from Gazprom); construction sector — $107 million or 6.8 percent (Bishkek Park); wholesale trade — $64.8 million or 4.1 percent (equipment imported from Belarus); and financial sector — $411.8 million or 26.2 percent (the US and Netherlands).
