Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan Bakyt Torobaev has held a high-level meeting with Shebn Alp, Regional Director of the UK Export Credit Agency (UKEF), seeking €2.7 billion in financial support to boost the country’s business sector. The meeting was held in accordance with instructions from Kyrgyz President Sadyr Japarov, who has outlined economic modernization as a government priority.
Torobaev emphasized the country’s strategic goals, which include revitalizing the agro-industrial sector, developing critical infrastructure, diversifying export markets, and enhancing Kyrgyzstan’s investment appeal. “The Cabinet of Ministers of Kyrgyzstan is committed to creating added value within the country, promoting environmentally friendly and organic agriculture, modernizing irrigation systems, and transitioning from a raw materials-based to a processing economy,” he stated.
British representatives reportedly expressed interest in cooperation in the mining, construction, and infrastructure sectors, all of which are currently experiencing robust growth in Kyrgyzstan. The construction industry, in particular, is seen as a driving force behind the nation’s economic progress, as previously reported by The Times of Central Asia.
Authorities are also investing in the mining sector, including recent efforts to rehabilitate rare earth element mines in Chui Oblast. These materials are essential for the production of electric vehicle batteries, positioning Kyrgyzstan as a potential player in the global green energy supply chain.
