Kyrgyzstan received $818 million of FDI in 2015

BISHKEK (TCA) — In 2015 Kyrgyzstan received US $818.8 million of foreign direct investments (FDI), an increase by 12.6 percent or $91.7 million compared to 2014, the country’s Economy Ministry said on March 9.

Most FDIs came to professional, scientific and technical spheres (32 percent), processing industry (24.1 percent), and construction (12.5 percent).

FDIs from CIS countries in 2015 amounted to $184.7 million (22.6 percent of the total). Investments from Russia amounted to $118.2 million, Belarus $40.7 million, and Kazakhstan $25.7 million.

Non-CIS countries accounted for 77.4 percent of all FDIs. Investments from Great Britain totaled $189.6 million (23.2 percent of the total) and grew 3.5-fold compared to 2014.

Investments from Turkey grew 3.6-fold, up to $105.7 million, and from the Netherlands doubled to $13.4 million.

Investments from Canada reduced by 29 percent, down to $130.2 million, and from China by 51 percent, down to $108.7 million.

New countries that significantly invested in Kyrgyzstan last year were Kuwait ($4.3 million) and Morocco ($4.3 million).

Among Kyrgyzstan’s regions, most FDIs came to the Jalal-Abad province ($202.4 million or 24.7 percent), a 55.2-percent increase compared to 2014.
 
The Issyk-Kul province received $132.4 million or 16.2 percent, 28 percent less than in 2014.

The least FDIs came to the Talas province — $876.7 thousand (0.1 percent of the total).

Investments in the capital Bishkek amounted to $365 million, a 5.3-percent increase.

FDIs in Osh, Kyrgyzstan’s second-largest city in the south of the country, was as low as $10.7 thousand.

Sergey Kwan

TCA