Government Development Bank Signs Memorandum with Tourism Support Fund

The State Development Bank signed a memorandum of cooperation with the Tourism Development Support Fund. The document aims to strengthen cooperation between the financial institution and the tourism industry, as well as to create conditions for the implementation of promising projects designed to increase the country's investment attractiveness.

During the meeting, representatives of the two organizations discussed areas for further cooperation. In particular, the parties considered the following opportunities:

• supporting infrastructure projects in tourist regions;
• developing and implementing financial instruments for the development of entrepreneurship in the tourism sector;
• implementing initiatives aimed at expanding various types of tourism and improving the quality of tourist services.

It is expected that the joint efforts will accelerate the launch of strategically important projects and increase Kyrgyzstan's competitiveness in the international tourism market.