Investment in Karakol has increased almost eightfold, reaching $9.5 billion

The volume of investment in Karakol in 2026 reached $9.5 billion, compared with $1.2 billion in 2021. During this period, 1,155 jobs were also created in the city thanks to the implementation of 33 industrial projects.

This was announced on 13 November during President Sadyr Zhaparov’s working visit to the Issyk-Kul Region. The Head of State was presented with a report on the development of the Tyup and Ak-Suu districts and Karakol for the period 2021–2026.

In the Tyup District, 55 enterprises were opened and 900 jobs created over the five-year period. Industrial output more than doubled, and 193.5 km of roads were asphalted. Major projects include the ‘Kurmenty’ cement plant, the Tyup hydroelectric power station and the agro-logistics centre.

In the Ak-Suu district, the number of tourists has increased more than eightfold over the past five years. One of the most promising projects has been the construction of the ‘Ala-Too Resort’ national tourist complex.

In Karakol, industrial output for the first nine months of 2026 totalled 4.6 billion KGS – double the figure for 2021. 2.075 billion KGS were allocated for the construction of new roads, with these funds used to build 61.8 km of roads.

The city also modernised Karakol International Airport at a cost of 2.1 billion KGS and purchased 60 buses. A total of 435.1 million KGS was earmarked for the construction of six nurseries, three schools and a library.