Kyrgyz

RKDF Boosts Kyrgyzstan’s Garment Industry with $37 Million Investment

Bishkek, February 22, 2024 – The Russian-Kyrgyz Development Fund (RKDF) has been actively financing projects in the garment industry, totaling $37 million. According to the press service of RKDF, over 150 projects have received funding for implementation.

The fund has highlighted that the garment industry in Kyrgyzstan is entering a new phase of development, with production volumes increasing by 36 percent in 2023. This boost in production is a promising sign for the industry and the economy as a whole.

The RKDF plays a crucial role in supporting various sectors in Kyrgyzstan, and its contributions to the garment industry are proving to be beneficial in driving growth and creating opportunities for businesses in the country.

For more updates on the development projects funded by RKDF and their impact on Kyrgyzstan’s economy, stay tuned to 24.kg news agency for the latest information.

 

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