Two foreign companies to engage in lottery activities in Kyrgyzstan

11:49, 24 февраля 2022, Bishkek - 24.kg news agency , Baktygul OSMONALIEVA

Agreements on implementation of projects under the public-private partnership (PPP) program have been signed at the Ministry of Economy and Commerce of Kyrgyzstan. Press service of the ministry reported.

According to it, including on conducting lottery activities with foreign investors Elbet d.o.o. and Axel Capital.

«Elbet d.o.o. and Axel Capital have extensive international experience in the development, implementation, adaptation, integration, launch and technical support of software for one-time lotteries in many countries in Europe and Asia,» the statement says.

As officials note, the PPP project is aimed at developing lottery activities in Kyrgyzstan to regularly and significantly replenish the national budget, meet the needs of the population to participate in lotteries and the desire to win them.

«The project is designed for 10 years with the possibility of extension. Its implementation will start in about six months, and before that the investors will do the preparatory work on installation of equipment and staff training. The state will take over the technical part of the issue,» PPP Centre Director Sanzharbek Bolotov said.

Elbet d.o.o. is a Serbian company, founded in 2002 in Belgrade. It specializes in developing software and hardware solutions for the gaming business.