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First enterprise for production of elevators opened in Kyrgyzstan

Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Japarov took part in the opening of the first domestic enterprise for the production of elevator equipment and lifting mechanisms. Press service of the Cabinet reports.

Akylbek Japarov noted that opening of any production has a multiplicative effect. These are new jobs, and contributions to the republican budget, as well as development of the region as a whole. «We need to develop the industrial sector and support domestic production, whose products are practically in no way inferior to their foreign analogues,» he said.

The head of the Cabinet noted that all conditions have been created to support local producers. Kyrgyzindustriya enterprise was created with an authorized capital of 1 billion soms, the authorized capital of state banks was increased. All these actions will help entrepreneurs to receive financial support from the state. If there is a ready-made business plan, then the authorities are ready to assist in its implementation.

In turn, the founder of the company, Rakhat Zhunushbaeva, stressed that the company has ambitious plans, including for entering the markets of Central Asia and the Eurasian Economic Union. She also said that the production capacity of the enterprise is 500 pieces of equipment and it has every opportunity to replace Bishkek elevators with more high-tech ones through a public-private partnership.

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