Sadyr Japarov invites large Azerbaijani businesses to invest in Kyrgyzstan

At a meeting with representatives of the large Azerbaijani business community, President of Kyrgyzstan Sadyr Japarov has invited them to invest in his country, Report informs citing the press service of the Kyrgyz president.

Sadyr Japarov noted that Kyrgyzstan is highly interested in cooperation with the Azerbaijani business community. He invited Azerbaijani entrepreneurs to participate in the implementation of investment projects in such areas as energy, food industry, projects in the field of infrastructure, tourism, and new technologies.

In the hydropower sector, he offered to take part in the construction project of the Kambarata HPP-1 and a number of other strategically important small and medium-sized hydroelectric power plants.

In the tourism sector, the president proposed to consider the construction of recreational facilities in Kyrgyzstan, including on the territory of the pearl of Kyrgyzstan - Lake Issyk-Kul. Sadyr Japarov noted that the food processing industry is also a very promising and interesting sector. In general, the potential for possible cooperation is high and the areas of interaction are very diverse.

"As the president, who advocates the dynamic, stable and sustainable development of his country, I call on the Azerbaijani business community to consider the Kyrgyz Republic as a reliable business partner and invite them to active cooperation and joint implementation of large investment projects," he said.

Sadyr Japarov expressed confidence that the results of the negotiations, as well as the implementation of the agreements reached, would soon be reflected in the indicators of mutual trade and the volume of Azerbaijani investments in the economy of Kyrgyzstan.

As a result of the meeting, a Memorandum of Cooperation was signed between the National Investment Agency under the President of the Kyrgyz Republic and the Export and Investment Promotion Agency of the Republic of Azerbaijan (AZPROMO).