Inflow of foreign investments to Kyrgyzstan exceeds outflow by USD 145 mln

Bishkek, Sept. 9, 2022 / Kabar /. The inflow of foreign direct investment in January-June 2022 doubled compared to the same period in 2021 and amounted to more than USD 628 million. According to the National Statistical Committee, the inflow exceeded the outflow level by almost USD 145 million. In the structure of foreign direct investment, compared with the first half of last year, there was an increase in the inflow of all components, except for loans received from non-residents, the volume of which decreased by 29.8%. The bulk of foreign direct investment (94 % ) is directed to manufacturing enterprises, mining, financial intermediation and insurance, wholesale and retail trade, as well as information and communications. At the same time, the volume of investments directed to manufacturing enterprises increased by 5.3 times, the sphere of financial intermediation and insurance - by 2.8 times, wholesale and retail trade - by 2.5 times, mining enterprises - by 18.9 %, while investment in information and communications decreased by 14.2%. The volume of foreign direct investment inflows from non-CIS countries increased by 1.8 times compared to January-June 2021, mainly due to their growth from Canada by 55.7 times (manufacturing industries), Luxembourg - by 55.1 times (financial intermediation and insurance), Japan - 2.8 times (financial intermediation and insurance), Switzerland - 2.3 times (financial intermediation and insurance, mining), Cyprus - 1.9 times (manufacturing) , China - by 26.6 % (mining, manufacturing, wholesale and retail trade). In the total volume of incoming foreign direct investment, the largest share falls on Canada (25.0%), China (20.6%), Turkey (6.1%), the Netherlands (5.7%) and the UK (5.4%). The volume of foreign direct investment inflows from the CIS countries increased by 2.6 times compared to January-June 2021, mainly due to their growth from Russia by 3.7 times (manufacturing, wholesale and retail trade) and Kazakhstan - in 1.6 times (financial intermediation and insurance, wholesale and retail trade).