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THURSDAY, May 23, 2013
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Central Asia

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Kyrgyz civil servants train to attract FDI

Bishkek offers civil servants training in attracting FDI

Tuesday, June 05, 2012 - Kyrgyz civil servants attended on Tuesday a seminar on attracting more foreign direct investment (FDI) to the impoverished country.

The training – held under the umbrella of “Promoting sustainable economic development” and sponsored by the German Agency for International Cooperation (GIZ) – was attended by civil servants working in the ministry of economics and antitrust, the KyrTAG news agency reported on Tuesday.

Attendees included about 20 members of staff, as well as members of the Naryn and Osh Oblasts.

They were also expected to attend a seminar given by Swiss investment expert Dr. George Malcotsis, the managing director of the Swiss Organization for Facilitating Investments.

The project coordinator for the investment seminar emphasized the importance of including representatives from outside Bishkek.

“Training of civil servants from the regions to attract investment is very important today, because it’s important to Kyrgyzstan to attract investors in the region and develop areas of the country,” GIZ’s project coordinator Asel Uzagalieva said.

The Kyrgyz government is staunchly pro-business and is actively seeking to increase the amount of foreign investment into the country, as well as rebuilding its investment climate after a violent and unstable 2010.

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