Kyrgyzstan Encourages German Investment in Raw Materials Extraction and Logistics

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During a Kyrgyz-German Business Forum in Munich on October 10, Kyrgyzstan’s Chairman of the Cabinet of Ministers, Akylbek Japarov, stated that  following the first Kyrgyz-German Business Forum in Hamburg over a year ago, bilateral relations between the two countries had strengthened alongside a mutual interest in deepening cooperation.

Japarov cited the fact that 180 joint Kyrgyz-German enterprises are currently engaged in Kyrgyzstan’s trade, industry, agriculture, tourism, energy, education, and services sectors, and to encourage further  German investment and  participation in implementing the government’s ambitious economic development plans, invited businesses to attend the ‘Day of German Economy in Kyrgyzstan.’ Scheduled for summer 2025, the event follows three ‘Days of Kyrgyz Economy’ in Hamburg, Frankfurt am Main, and Munich.

Addressing the forum, Kyrgyz Minister of Economy and Commerce Daniyar Amangeldiev spoke of Kyrgyzstan’s interest in developing cooperation with Germany on raw materials, with reference to the presence of  100 raw material deposits in Kyrgyzstan. In addition, he proposed that German investors participate in auctions to gain the right to use the subsoil in Kyrgyzstan and develop deposits using modern technologies that comply with environmental standards.

The minister also touched upon the development of transport and logistics infrastructure and invited German companies to collaborate in the development of Kyrgyzstan’s logistics system, stating: “Kyrgyzstan, located in the heart of Central Asia, is  ‘landlocked’. At the same time, the Great Silk Road — a trade route between West and East, North and South — has been passing through our country since ancient times. Therefore, our country should rightfully be called ‘land connecting,’”

Sergey Kwan

Sergey Kwan

Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
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Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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