Over the past year inflow of foreign direct investments reduced almost by half for Kyrgyzstan

Almaty. May 31. Silkroadnews – In 2016 inflow of foreign direct investments to Kyrgyzstan decreased by 1.9 times compared to 2015 and amounted to $814.0 million, KyrTAG writes.
According to the National Statistical Committee of the Kyrgyz Republic, the bulk of foreign direct investments (more than 88%) was directed to manufacturing enterprises, financial intermediation and insurance, geological exploration, and electricity, gas, steam and air conditioning supplies. At the same time, the volume of investments directed to financial intermediation and insurance fields decreased by 2.3 times, processing enterprises – by 2.2 times, exploration – by 1.6 times, electricity, gas, steam and air-conditioned supplies – by 10.6%.
Among non-CIS states China was the major investor, which inflows decreased by 36.5%. At the same time, the volume of direct investments from Great Britain, Turkey, Canada and Cyprus decreased significantly, which, on the whole, caused a decrease in non-CIS states investments by a half.
Compared to 2015 the CIS states foreign direct investments decreased by 1.8 times due to a significant reduction in inflows coming from Russia and Belarus. At the same time, the inflow of investments from Kazakhstan increased by 11.1%.