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Sunday, April 2, 2023

Kyrgyzstan says it’s obsessed with fighting corruption – Reuters


– 15 of them – are worth less than a million dollars – he pointed out. – The only major project is the organization of hemodialysis with a German company in the cities of Bishkek and Osh, as well as in several regions of the republic. Potential investors have significant complaints about the preparation of PPP projects. We focused on the fight against corruption and made all procedures long and interminable.

According to Akylbek Zhaparov, the state is currently often forced to introduce de facto “manual control” in PPP projects. Otherwise, they cannot be implemented. At the same time, as the head of government believes, the country will not be able to ensure the dynamic development of the economy and, as a result, raise the standard of living without attracting private investment.


The director of the Center for Public-Private Partnerships of the Kyrgyz Republic, Sanjarbek Bolotov, claims that with the help of PPP projects it is possible to increase the country’s GDP by several percent per year. It proposes to transfer to investors infrastructure (administrative buildings, land or complexes) with a socio-economic vocation in a state of disrepair or emergency.

  • These objects require large investments, which cannot be allocated from the state budget due to limited funds, – he emphasizes. – If a private company undertakes the reconstruction or development of such an object, it must transfer the right to use or manage it with the State. The PPP mechanism would encourage investors to participate in projects related to education, health, sport or leisure.

Copyright © 2023 The Eastern Herald.

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