BISHKEK, Kyrgyzstan, October 16. The volume of investments in Kyrgyzstan's fixed capital from January through September 2024 amounted to 157.4 billion soms ($1.84 billion), representing a 52.1 percent growth over the same period last year, Trend reports via the National Bank of Kyrgyzstan.
The growth was fueled by a one-and-a-half-times jump in domestic funding and a 1.9-fold increase in external sources.
A significant portion (over 84 percent) of these investments was allocated to construction projects in sectors such as mineral extraction, transportation and storage, energy (including electricity, gas, steam, and air conditioning), manufacturing, education, and housing.
The gross output of construction during this period amounted to 154.6 billion Kyrgyzstani som (approximately $1.80 billion), which represents a 36.9 percent increase compared to the same period in 2023. The construction sector's share in the GDP structure was 6.7 percent.
To note, from January through September 2024, Kyrgyzstan's GDP reached 951.8 billion som (around $11.1 billion), marking an 8.4 percent growth over the previous year.
