Hungarian-Kyrgyz Development Fund approves projects worth $15.65 million

Economy Loading... 05 August 2026 17:43
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Bishkek, Aug 5, 2026 /Kabar/. The Hungarian-Kyrgyz Development Fund financed projects worth nearly $12 million in the first half of 2026. The total approved funding for projects under implementation amounted to $15.65 million.

According to the Ministry of Economy and Commerce, its authorized capital has been increased to $50 million, while the amount of paid-in capital has reached $26 million.

The Hungarian-Kyrgyz Development Fund implements projects that require the use of Hungarian technologies and equipment.

It's worth noting that the fund finances projects in priority areas such as agro-industrial complex, hydropower, pharmaceuticals, and the food industry.