Issyk-Kul region is one of the regions of Kyrgyzstan. Its capital is Karakol. It is surrounded by Almaty Region, Kazakhstan (north), Chuy Region (west), Naryn Region (southwest) and Xinjiang, China (southeast). It takes its name from Lake Issyk-Kul (“warm lake”), the second largest saline lake in the world, which never freezes despite its altitude in the Tian Shan mountains.
The region consists of 5 districts:
|Providing electricity, gas, steam and air conditioning||2202.0||2299.0|
|Water supply, cleaning, waste treatment and secondary raw materials||94.8||122.5|
|Hotels and restaurants||991.4||1058.7|
The railroad coming from the northwest (from Bishkek) ends at Balykchy. The main highway (A365) from Bishkek passes through Balykchy and into the Naryn Region on its way to the Torugart Pass into China. Highway A363 circles the lake and A362 runs east from the lake into Kazakhstan.
The city is known worldwide for its beautiful nature and abundant tourist opportunities: skiing, hot springs, Lake Issyk-Kul, and suitable conditions for extreme sports such as paragliding, mountain biking and alpinism. Karakol ski resort is among the top five ski resorts in CIS countries.
Karakol city is the administrative capital of the Issyk-Kul region. It has rich economic potential being the fourth largest city in Kyrgyzstan and is a center of economic activity for residents of three nearby districts: Jeti-Oguz, Tyup and Ak-Suu. The municipality offers potential investors greenfield and brownfield lots owned by the municipality. Investors are particularly interested by investment opportunities in hotel and restaurant sector, mountain tourism, beekeeping, cattle breeding, dairy, and cultivation and processing of fruits and vegetables.
The city hall of Karakol will fully contribute to the successful implementation of your investment project. https://karakolcity.kg/
The city of Balykchy is the most important economic and transport center of the Issyk-Kul region. The city is located at the junction of trunk roads which lead from the Chuy region, northern and southern shores of Lake Issyk-Kul. The strategic location of the city contributed to the development of trade markets infrastructure and logistics. The trade in the city’s markets is active all year round, which attracts residents and business from the Issyk-Kul region. The city has an exceptionally suitable geostrategic location, close to the border with Kazakhstan and China, and is an important transport hub in the northern part of Kyrgyzstan with access to rail, water and road transport.
It also stands out by excellent economic and environmental conditions for investing in food processing and renewable energy sectors. The municipality offers potential investors greenfield and brownfield lots owned by the municipality. The City Hall of Balykchy is committed to offer qualified labor, a well-developed infrastructure, and to provide best support to investor through the preferences and a top-notch investor servicing program. https://balykchy.kg/