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Kyrgyzindustriya OJSC with 100 percent state share to appear in Kyrgyzstan

A regular meeting of the Cabinet of Ministers of Kyrgyzstan was held under the chairmanship of Akylbek Japarov. There were 29 questions on the agenda.

During the meeting, it was decided to create an open joint stock company Kyrgyzindustriya with 100 percent state share. The enterprise with an authorized capital of 1 billion soms will support and develop industrial enterprises.

In pursuance of the points of the anti-crisis action plan, it was decided to involve the State Agency for the Management of Budgetary Credits under the Ministry of Finance in the investment competition for the restructuring of Mailuu-Suu Electric Bulb Plant LLC, which was declared bankrupt by the decision of the Interdistrict Court of Jalal-Abad region on February 16, 2009.

Akylbek Japarov noted that the plant is of strategic importance for the republic, and therefore the acquisition of the enterprise and development of a project for its rehabilitation must be completed by the end of 2021.

A draft regulatory act on road safety was considered at a meeting of the Cabinet of Ministers.

As a result, Unaa state institution, which is under the jurisdiction of the Ministry of Digital Development, and the functions on licensing driving schools were transferred to the Ministry of Internal Affairs.

The final meeting of the Cabinet of Ministers will be held today under the chairmanship of the President Sadyr Japarov, at which the results of 2021 will be summed up and the plan for the implementation of the National Development Program of the Kyrgyz Republic until 2026 will be approved.

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