The inflow of foreign direct investment (FDI) into Kyrgyzstan from January-September 2023 compared to the same period in 2022 decreased by 31.7% and amounted to 654.6 million US dollars. At the same time, the inflow exceeded the outflow level by $404.4 million, according to the latest figures from the National Statistics Committee of Kyrgyzstan.
From January-September 2023, most foreign direct investments (87%) went to manufacturing enterprises, mining, wholesale and retail trade, financial intermediation and insurance, as well as information and communications.
The volume of foreign direct investments from countries outside the CIS decreased 1.7-fold on-year, mainly due to their reduction from Türkiye, China, Germany, and Hungary.
The largest investor countries were China (24.1% of total incoming investments), the Netherlands (8.4%), Türkiye (6.6%), and the UK (6.5%).
Investments from China were mainly directed to mining and manufacturing enterprises, as well as construction, wholesale and retail trade.
Investments from the Netherlands went to the field of information and communications, financial intermediation and insurance, as well as into the production of food products, including beverages.
Investments from Türkiye went to the production of food products, including beverages, rubber and plastic products, mining, wholesale and retail trade, financial intermediation and insurance.
Investments from the UK went to mining and exploration enterprises.
The volume of foreign direct investments from the CIS countries, in comparison with January-September 2022, increased by 12.6%, mainly due to their growth from Uzbekistan (financial intermediation and insurance), Kazakhstan (financial intermediation and insurance) and Belarus (wholesale and retail trade).
Investments from Russia were mainly directed to the production of metals, metal products and food products, as well as wholesale and retail trade.
Investments from Kazakhstan went to the sphere of wholesale and retail trade, financial intermediation and insurance, and mining.
