Minister of Economy of the KR: Competition for investment will focus not only on capital but also on high-quality projects

In the coming years, countries will compete for investment not only based on the size of their financial resources, but also on the quality of their projects. This view was expressed by Bakyt Sydykov, Kyrgyzstan’s Minister of Economy and Commerce, while speaking at the Eurasian Development Bank’s business forum in Almaty.

According to him, in today’s environment, investors choose not so much countries as projects that are ready for implementation and meet international standards.

“Capital flows to places where there are well-prepared initiatives, transparent procedures, professional teams, and effective development institutions,” the minister said.

Sydykov noted that one of Kyrgyzstan’s key tasks is to build a high-quality project portfolio capable of attracting the interest of international financial organizations and private investors.

He emphasized that this involves not only seeking sources of financing but also preparing projects that meet international standards in terms of feasibility, efficiency, and investment attractiveness.

According to the minister, under these circumstances, the role of the Eurasian Development Bank should extend beyond traditional lending.

“The EDB should be not only a financial institution but also a center of expertise that helps countries prepare projects, conduct expert reviews, and support initiatives through to the implementation stage,” he noted.

Sydykov added that this approach will enable countries in the region to improve the quality of their investment projects and strengthen their competitiveness in the race for international capital.