Today, on July 22, the head of the National Investment Agency under the President of the Kyrgyz Republic, Ravshanbek Sabirov, visited the construction site of the "Glass Center" LLC in Novopokrovka village, Chui region. The working visit was organized within the framework of monitoring the implementation of investment projects aimed at developing the country's industrial potential.
During the visit, Ravshanbek Sabirov got acquainted with the progress of the construction of a modern production complex for the production of glass packages and reflective glass, and learned about the preparations for commissioning the facility in collaboration with investors and the management of the company.
Every investment project implemented is an indicator of Kyrgyzstan's investment attractiveness and the business community's confidence in the country. Our main task is not only to attract investments but also to provide comprehensive support until the successful implementation of projects. Such productions lay the foundation for the country's new industrial economy, create new jobs, and facilitate the further attraction of investments.
— Ravshanbek Sabirov
The project is being implemented within the framework of Kyrgyz-Uzbek investment cooperation and serves as a successful example of effective partnership between the state, financial institutions, and the private sector. The total investment volume of the project amounts to 5.5 million USD, with 50.7% financed by the Uzbekistan-Kyrgyz Development Fund and 49.3% covered by the investors' own funds.
The commissioning of the enterprise will contribute to expanding the production of domestic construction materials, reducing dependence on imports, creating new jobs, and enhancing the investment attractiveness of the Kyrgyz Republic. The implementation of such projects is one of the priority directions of state policy for industrial development and attracting direct foreign investments.