BISHKEK, Kyrgyzstan, June 29. The inflow of direct foreign investments (FDI) in the wholesale and retail trade and repair of motor vehicles and motorcycles in Kyrgyzstan decreased from January through March 2024, Trend reports.
According to data from the State Statistical Committee of Kyrgyzstan, this sector received $29.837 million in FDI, which is 14.3 percent less than the $34.823 million received in the same period in 2023.
The wholesale and retail trade and repair of motor vehicles and motorcycles sectors accounted for 15 percent of all FDI in Kyrgyzstan during the reporting period.
Overall, Kyrgyzstan received $200.3 million in foreign direct investments in the first quarter of this year, marking a 17.2 percent increase year-on-year.
The largest share of foreign investments, 40 percent, went to manufacturing, 15 percent to trade, 14 percent to mining, and 9 percent to information and communication.
China was the primary investor in Kyrgyzstan during the reviewed months, accounting for 26 percent of all investments in Kyrgyzstan, followed by Russia with 20 percent, Türkiye with 14 percent, the Netherlands with 10 percent, and Germany with 9 percent.