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Kyrgyzstan Review, 10 years ago

[25.09.23] Foreign Direct Investment in Kyrgyzstan Rises 16.5% in H1

Foreign direct investment in Kyrgyzstan totaled $43.3 million in the first half of 2003, up 16.5% year-on-year, Ravshan Zheenbekov, the head of the state property and direct investment committee, said Thursday.
Investment grew most in nonferrous metallurgy, mining, transport, telecommunications and the financial-credit sector.
Kyrgyzstan has privatized 48 companies in different industries this year. As of September 22, privatization revenue totaled 226.905 million som.
Foreign direct investment in 2002 totaled $100 million, up 37% on 2001.
The official exchange rate on September 25 stood at 42.9207 som/$1.
Interfax, September 25, 2003

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