Bishkek, Dec. 6, 2017 / Kabar /. Vice Prime Minister of Kyrgyzstan Tolkunbek Abdygulov told international investors about the advantages of Kyrgyzstan at the Bishkek Investment Forum (BIF-2017).
The vice prime minister called businessmen from Uzbekistan, Kazakhstan, Tajikistan, Mongolia to invest in Kyrgyzstan, as the country has all the conditions.
"Today Kyrgyzstan has access to the 700 millionth market. This is achieved by the accession of Kyrgyzstan to the Eurasian Economic Union and the GSP + preference. In the international rating of investment attractiveness, the Kyrgyz Republic ranks 77th out of 189 countries," he said.
Abdygulov said that the government is making every effort to improve investment attractiveness. In particular, he said that the two main points of the program of the Cabinet of Ministers "40 steps to the new era" are related to business development. First, this is the Taza Koom project and the concentration on creating favorable conditions for business.
"As part of the structural reform, it is worth noting that the Agency for Investment Promotion has been upgraded in status and now reports directly to the Prime Minister. The government also approved a regulation on the order of stabilization. Investors with $ 3 million can take advantage of the stabilization regime for 10 years. That is 10 years to use one tax regime, despite any changes. Also, the cost of obtaining an investment visa is reduced from $ 500 thousand to 140 thousand," Tolkubek Abdygulov said.