Bishkek, April 20, 2023. /Kabar/. As part of the working visit of Chairman of the Cabinet of Ministers of KyrgyzstanAkylbek Zhaparov to Abu Dhabi (United Arab Emirates), a decision was made to establish an Abu Dhabi Kyrgyz Investment open joint-stock company, the Information Policy Service of the Presidential Administration of the Kyrgyz Republic said.
Abu Dhabi Kyrgyz Investment OJSC was established in order to establish sustainable interaction between Kyrgyzstan and the UAE, as well as to mobilize additional financial resources.
Thus, in accordance with the decision, the national co-founder of Abu Dhabi Kyrgyz Investment OJSC will be the Ministry of Economy and Commerce of the Kyrgyz Republic.
The authorized capital of ADKI OJSC will amount to USD 100 million, with subsequent investments up to USD 1.2 billion. At the same time, the paid-in capital will be 5% of the authorized capital for the initial creation of ADKI OJSC.
Thus, the Kyrgyz side will pay the authorized capital in the amount of USD 2.5 million US dollars, and the Arab side USD 2.5 million, respectively.
It is clarified that the main goal of creating Abu Dhabi Kyrgyz Investment OJSC is to attract direct investment from the UAE to the economy of the Kyrgyz Republic to finance priority investment projects.
In addition, Abu Dhabi Kyrgyz Investment OJSC will also focus on financing projects aimed at developing infrastructure and energy, supporting exports, attracting new technologies, modernizing industry, creating a value chain and developing regions.
Comments
Post Comment