DUSHANBE, July 30, 2008, Asia-Plus – “Investment flow in Kyrgyzstan has lessened as compared with the same period in 2007,” Batyrkan Syrgabaev, Director of International Economic Cooperation Department under the International Affairs Ministry said today.
However, the cause of the low investment flow stems from external factors. “The global food and oil price hiking affected everything, including, the investment sector,” Batyrkan Syrgabaev added.
Foreign countries continue offering Kyrgyzstan technical equipment and monetary assets in aid. The process was illustrated by the project on Osh and Batken regions development, worth $100mln, Kyrgyz –Russian joint company to extract oil and gas, worth $300mln and Russian share in the Kambarata project ($2mln).
