Private sector development
Improving competitiveness in the Kyrgyz Republic
Launched in March 2013, the Kyrgyz Project of the OECD Central Asia Initiative seeks to support the Kyrgyz Republic in increasing its competitiveness. It is a joint project between the OECD and the German Agency for International Cooperation (GIZ), with the financial support of the European Union. Public-private working groups also provide input to the on-going work, with in-depth involvement of civil society and business associations.
The Project team works with the Kyrgyz government to help tap the country's potential by:
- identifying high-potential sectors where the country can have a competitive advantage
- leveraging OECD best practices and methodologies to elaborate and implement effective policy reforms
- fostering dialogue with OECD member countries and economies in Eurasia, supporting regional integration
Kyrgyz Republic - Key facts
Private FDI jumped from 1.7% to 11.2% from 2005 to 2011, as % of GDP
In 2005, it took 21 days to start a business in the Kyrgyz Republic. Six years later, it only took 10 days.
And the number of procedures to start a business have been cut from 9 to 2 over the same time period.*
OECD team discusses challenges to textile sector
Bishkek, Kyrgyz Republic, March 2013
|The work will center around the following three sectors:
- On human capital development: How to improve workplace training schemes in agribusiness?
- On access to finance for SMEs: How to set up warehouse receipts financing for agricultural producers?
- On investment policy and promotion: How to help textile and garment producers to move up the value-chain?
The Project will produce targeted action plans for reform around those three sectors by end of 2013. These plans were presented at the December 2013 Eurasia Roundtable on Competitiveness, as the first pilot in that region of the peer review process launched at the Eurasia Competitiveness Ministerial Conference in June 2013.
With the financial support of the European Union
For more information, please contact Grégory Lecomte
*The 2013 Data Book of Private Sector Development, World Bank.