BAKU, Azerbaijan, May 31. Russian-Kyrgyz Development Fund will expand its projects portfolio in Kyrgyzstan in 2022, Trend reports with the reference to the press service of the Russian-Kyrgyz Development Fund (RKDF).
Russian-Kyrgyz Development Fund will allocate $90 million in 2022 for the implementation of new projects in Kyrgyzstan. Moreover, the fund starts working in a new direction of corporate bonds and had already managed to agree and determine the amount of funds invested in this sector.
“The investment in corporate bonds will be the first impetus for the development of this sector in Kyrgyzstan. Another area that the fund will focus on is digital transformation and investment in IT products,” Chairman of the Executive Board of RKDF Artem Novikov said.
Furthermore, a strategic document - an action plan for the years 2023-2027 is now being developed. During this period, RKDF will contribute to Kyrgyzstan's economy, support the domestic business sector, and enhance entrepreneurial activity.