Source Pravda.Ru

USD 1.3 billion in foreign investments attracted to Kirghiz economy over the independence years

USD 1.3 billion in foreign investments have been attracted to the Kirghiz economy over the years of independence, President Askar Akayev of Kirghizia reported.

According to him, about USD 300 million of the total amount of capital investments were used to support the national currency.

Quite a number of major government projects in different spheres have been implemented in Kirghizia owing to the foreign investments. These include reconstruction of roads, construction and reconstruction of the fuel and energy complex, as well as projects in agriculture and social sphere.

The head of state also reported that in the next few years the donor-countries intend to disburse another USD 700 million to Kirghizia.