BAKU, Azerbaijan, April 11. Kyrgyzstan’s fixed capital investments exceeded 16 billion soms ($183 million) from January through March 2023, Zainidin Zhumaliev, deputy chairman of the National Statistical Committee told local reporters, Trend reports via Kyrgyz media.
According to Zhumaliev, the figure increased by 3.5 percent compared to the same period in 2022. The increase was induced by the growth of domestic sources of funding by 9.7 percent. On the contrary, external sources of funding decreased by 28.8 percent.
"The increase of investment in fixed capital was registered in the construction of processing plants, in providing electricity, water supply, waste treatment and processing, wholesale and retail trade, transportation and storage of goods, hotels, restaurants, communications and so on," he said.
The Chairman noted that the largest share of investments in the first quarter of 2023 was directed towards the construction of facilities used in mining, providing electricity, gas and light, processing industries, transportation and storage of goods, education, and housing construction.
Meanwhile, Kyrgyzstan’s fixed capital investments amounted to 138.3 billion soms ($1.5 billion) in 2022, which is a 3-percent increase year-on-year.