IFC in Kyrgyz Republic
The Kyrgyz Republic became a member of IFC in 1993. Since 1993, IFC has invested more than US$123 million to support 39 private sector projects across a variety of sectors. As of June 30, 2015, IFC’s portfolio in the Kyrgyz Republic stands at US$27.4 million, with investments in financial markets and manufacturing sectors.
IFC Strategy in the Kyrgyz Republic
IFC’s key priority in the Kyrgyz Republic is to support the development and diversification of the private sector, contributing to the country’s greater competitiveness and improving employment opportunities. IFC aims to help improve corporate businesses practices, create an enabling environment for business, and increase access to finance for micro, small, and medium enterprises. IFC also seeks opportunities to increase direct investments in agribusiness and mining, while exploring more projects in renewable energy and energy efficiency, including public-private partnerships.
IFC advisory programs in the Kyrgyz Republic focus on: i) improving financial markets infrastructure, specifically credit information sharing systems and risk management education; (ii) the institutional and capacity building of financial intermediaries; (iii) microfinance and housing microfinance development; (iv) investment climate and tax administration; (v) improving corporate governance in local companies; (vi) increasing agri-financing, and (vii) designing public-private partnership projects, currently in health and power sectors.
As of June 30, 2014, IFC’s portfolio in the Kyrgyz Republic stands at $30.5 million, with investments in financial markets and manufacturing sectors.
Business Center Orion, 4th floor, 21 Erkindik Boulevard
Bishkek 720040, Kyrgyz Republic
Tel: +(996 312) 62 61 62