In 2013, the Kyrgyz Republic passed the National Strategy for Sustainable Development (NSSD) for the period 2013-2017. The NSSD contemplates the diversification of the country’s economy, which depends largely on gold, remittances and foreign aid, and it encourages the use of private resources for the implementation of investment projects.
In close collaboration with international agencies, the Kyrgyz Republic introduced a PPP law in 2012 broadly reflecting international best practice, and has since issued accompanying regulations on the tender process. These regulations have established a competitive and non-discriminatory two-stage tender process.
Generally, there has been progress in the definition of institutional roles, and capacity building is underway. The Investment Promotion Agency (IPA) was established by government resolution No. 158 on March 18 2014 as the main PPP agency under the Ministry of Economy, while a Risk Management Unit sits within the Ministry of Finance. PPP identification is down to individual procuring agencies at the central or local government level. The IPA has set up a dedicated team of specialists to support public partners with the identification and preparation of PPP initiatives as well as the further promotion of PPPs.
In 2014, with support from the ADB, the government launched the Project Development Support Facility (PDSF) to fund project preparation. International development agencies provide financial support to PPPs, with few local sources of private infrastructure finance available.
The PPP Unit of the IPA has a portfolio of potential PPP projects on its website. As of August 2016, PPP development is in its preliminary stages.
The Global Competitiveness Index (GCI) is published in the Global Competitiveness Report and assesses the competitiveness landscape of 140 economies. The GCI Infrastructure Score is a component of the overall index and covers transport, electricity and telephony infrastructure.