Kyrgyzstan Eyes German Investment in Renewable Energy, Tourism

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Kyrgyzstan Eyes German Investment in Renewable Energy, Tourism

On August 26, the resort city of Cholpon-Ata on the shores of Lake Issyk-Kul hosted the Day of German Economy in Kyrgyzstan, in conjunction with the 4th meeting of the Kyrgyz-German Business Council.

Opening remarks were delivered by Adylbek Kasymaliyev, Chairman of the Cabinet of Ministers of Kyrgyzstan, and Professor Reinhold Krämmel, Honorary Consul of Kyrgyzstan in Bavaria and Thuringia and Deputy Co-Chairman of the Business Council, The Caspian Post reports, citing The Times of Central Asia.

Kasymaliyev highlighted Kyrgyzstan’s interest in attracting German investment and advanced technologies to modernize its industries, create jobs, and strengthen export potential. He identified key areas for cooperation, including renewable energy, green technologies, transport and logistics infrastructure, and the financial sector.

Environmental issues featured prominently in the discussions. Kasymaliyev further emphasized the threat of rapidly melting glaciers, which he said “requires the consolidation of efforts and joint initiatives.”

“We know Germany as one of the most active defenders of nature. Unfortunately, environmental problems are worsening each year. Glaciers in our mountains are melting and shrinking drastically. Addressing such critical issues requires joint efforts,” he said.

Kasymaliyev also underlined the importance of youth in Kyrgyzstan’s development and in strengthening bilateral ties. He noted a growing interest among young Kyrgyz citizens in the German language, culture, and vocational education, elements he described as forming the foundation for long-term partnership.

While acknowledging current progress, Kasymaliyev stressed that Kyrgyz-German economic relations have significant untapped potential.

Following the meeting, a memorandum of cooperation was signed between Kyrgyz Temir Jolu, the national railway company, and Rhenus SE & Co. KG to jointly explore logistics and transit infrastructure opportunities.

Kasymaliyev also held bilateral talks with Michael Harms, Executive Director of the Eastern Committee of the German Economy. He underscored Germany’s growing importance as a trade partner, noting that bilateral trade had nearly quadrupled between 2020 and 2024.

The Kyrgyz side presented several promising areas for German investment, including the IT sector, data center and logistics hub development, renewable energy and green hydrogen production, and mining.

“Kyrgyzstan is fully committed to supporting German companies interested in launching investment projects in our country,” Kasymaliyev stated.

Tourism was also spotlighted as a rising sector of bilateral engagement. Germany is now among Kyrgyzstan’s top tourism partners, with more than 23,000 German visitors recorded in 2024, and over 10,000 arriving in the first half of 2025 alone.

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On August 26, the resort city of Cholpon-Ata on the shores of Lake Issyk-Kul hosted the Day of German Economy in Kyrgyzstan, in conjunction with the 4th meeting of the Kyrgyz-German Business Council.