Published
09/05/2025, 09:49The main investors in Kyrgyzstan's tourism sector in 2024 were Kazakhstan, which accounted for 20.3% of total direct investment, the United Arab Emirates, 19.9%, and Russia, 19.6%. Together, these three countries accounted for more than half of all foreign investment.
Other notable investors included the United States with a 16.2% share, China with 7.8%, and Switzerland with 7.3%. Thus, the geography of capital covered both CIS countries and major economies outside its borders.
In total, in 2024, just over $11 million in foreign direct investment was attracted to the tourism sector, excluding outflows. This is three times less than a year earlier. Thus, the sector's share in the total volume of foreign investment decreased from 4% in 2023 to 1.1% in 2024.
Against this backdrop, domestic resources remain the main driver of development.
Last year, more than 23 billion KGS were invested in fixed capital for the construction of tourism facilities. This is 27% more than the previous year.
