Foreign investment in Kyrgyzstan fell by a half from $1,573.2 billion in 2015 to $814,000 in 2016, the National Statistics Committee reported.
Manufacturing industries accounted for a third of direct investments. Also, a significant share of investments is taken by geological exploration (20.3%), financial intermediation and insurance (22%).
There was less direct foreign investment from Russia (by 43.5%) and China (by 36.5%).
Most investments are in Bishkek and Chui regions. Russians prefer to invest in enterprises and companies in the capital (74% of all investments in the city), and the Chinese prefer to invest in Chui region (82.8% of investment).
“Factors that affected the decline in the volume of foreign direct investment in the country as a whole were their decline from Britain – in geological exploration, Turkey – in construction, China and Canada – in manufacturing enterprises, Russia – in financial intermediation and insurance,” Viktoria Biryukova, head of the Department of Statistics of Investments of the National Statistics Committee, commented. (24.kg/Business World Magazine)