Introduction
Kyrgyzstan is poised for significant economic growth and infrastructural development in 2024. This report outlines the country's ambitious plans to launch 100 large-scale industrial projects, the prospects for increased trade with Russia, and the strategic importance of the China-Kyrgyzstan-Uzbekistan railroad project. These developments highlight Kyrgyzstan's efforts to modernize its economy, enhance regional trade, and improve its industrial capabilities.
Launch of Large-Scale Industrial Projects
Kyrgyzstan is planning to launch 100 major industrial projects this year, according to Prime Minister Akylbek Japarov. These projects aim to establish new production facilities and infrastructure for a broad range of products, supported by a new tax legislation system that eases the tax burden for entrepreneurs (Interfax, 2024a). Key highlights of this initiative include:
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