Investment council under the president of the kyrgyz republic
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Investment Council under the President of the Kyrgyz Republic. Investment Council under the President of the Kyrgyz Republic. Established in 24 February 2007 to improve investment climate of the Kyrgyz Republic

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Investment council under the president of the kyrgyz republic1
Investment Council Republicunder the President of the Kyrgyz Republic

  • Established in 24 February 2007 to improve investment climate of the Kyrgyz Republic

  • Investment Council is consultative body, providing recommendations to the President and the Government on business environment and investment climate issues

  • Joint Initiative of the Government of the Kyrgyz Republic and Early Transition Countries (ETC) Multi-Donor Fund

  • Eight meetings of the Investment council including one round table meeting on investment climate improvement


Investment council under the president of the kyrgyz republic2
Investment Council Republic under the President of the Kyrgyz Republic

Chairman of the Council – President of the Kyrgyz Republic

Members of the Council:

  • Prime-Minister

  • Head of the Administration of the President

  • Two representatives of Donors’ organization

  • Two representatives of foreign investors

  • Two representatives of national investors

    To ensure democratic principle of the Council we introduced rotation scheme.


Process

Preparation activities Republic

Meetings

Minutes of IC meeting

Monitoring

- Forming and discussion of the Agenda, Activity plan, preparation of the materials and monitoring

Results of monitoring, brain storming, materials of meeting

- Result of the meeting

- Implementation of the IC decisions, monitoring

Process


Achievements of investment council
Achievements of Investment Council Republic

Progress in creation legislation framework:

- 18 laws

- 5 Presidential Decrees

- 21 Government resolutions

Focus on legal acts at ministerial level!


Achievements of investment council1
Achievements of Investment Council Republic

  • Inspection (audits): Number of inspection of private entrepreneurs for 9 months of 2008 reduced for 64% versus the same period of 2007;

  • Land lease: Foreign investors now have the same land lease regime as the domestic

  • RIA: results of the pilot project on optimizing the regulatory framework – reduction 31% of licensing and 38% of permits


Foreign direct investments
Foreign Direct Investments Republic

*According to NSC KR, IMF, ADB, UNCTAD


Dissemination information about activities of investment council
Dissemination information about activities Republicof Investment Council

  • Monthly bulletin of the Secretariat

  • Web-site: www.investmentcouncil.kg

  • One-year report

  • Two-year report incl. evaluation



Thank you for your attention

Thank you for your attention! Republic

www.investmentcouncil.kg

Chuy ave. 219, Bishkek

Kyrgyz Republic


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