Kyrgyzstan will offer foreign investors new "specialty"

Bishkek, Aug. 3, 2018. / Kabar /. Investment lots will become a new "specialty" of Kyrgyzstan in attracting investors, First Deputy Prime Minister of Kyrgyzstan Kubatbek Boronov told. He said that the investment lots were already presented to entrepreneurs from China, the United Arab Emirates and the countries of the former Soviet Union at the International Economic Forum "Issyk-Kul 2018", which was held on July 21 in Cholpon-Ata. "Investments are considered one of the main mechanisms of economic development, and in every country appropriate measures are taken in this direction. One of the significant works to attract investors for today in Kyrgyzstan are investment lots that have already been successfully used in other countries," the first deputy prime minister said. He pointed out that before that, there were many cases in the country when an investor could not obtain permits to start his activity in Kyrgyzstan, and for this reason he left, stopping everything that had been started. "Investlots already include all the necessary package of documents, which will facilitate the work of investors in the legal part. They will no longer run around the offices in search of the necessary documents. In addition, it also prevents their illegal receipt," explained Boronov. He noted that previously the main "scaring" factors for foreign investors in Kyrgyzstan were bureaucratic processes and minimal guarantees from the state. In this regard, the work of the Government is aimed at simplifying legal procedures and providing guarantees for investors.