Kyrgyzstan pushes for Turkic Investment Fund to drive regional growth
Bishkek urges stronger integration within Organization of Turkic States, highlighting fund’s role in trade, SMEs, and investment growth
BISHKEK, Kyrgyzstan (MNTV) — Kyrgyzstan has thrown its weight behind the creation of a Turkic Investment Fund, framing it as a vehicle to accelerate cross-border trade, attract capital, and strengthen regional economic integration among Turkic nations.
At a recent meeting of the heads of government of the Organization of Turkic States (OTS), Adylbek Kasymaliev, Chairman of Kyrgyzstan’s Cabinet of Ministers, said Bishkek supports the initiative but stressed that the fund must deliver practical results beyond its establishment. “It is important not only to create structures, but to implement useful and necessary projects,” Kasymaliev said.
The proposed Turkic Investment Fund aims to pool financial resources from OTS member states to back infrastructure, industry, and innovation projects across the region.
Analysts say the fund could function as a development bank for Turkic countries, helping small and medium-sized enterprises (SMEs) expand across borders while reducing reliance on external lenders.
Kasymaliev called for the fund’s board of directors to hold its next meeting in Bishkek later this year, signaling Kyrgyzstan’s ambition to position itself at the center of the bloc’s economic agenda. He also pointed to complementary mechanisms under the OTS framework — including Chambers of Commerce and Industry and a Trade Promotion Committee — as crucial tools for breaking down trade barriers and stimulating business activity.
Beyond the investment fund, Kyrgyzstan has circulated a draft roadmap for deeper economic, trade, investment, and financial cooperation between member states. The roadmap is expected to outline steps for harmonizing regulations, coordinating customs policies, and boosting intra-bloc connectivity.
The Organization of Turkic States, which includes Türkiye, Azerbaijan, Kazakhstan, Kyrgyzstan, and Uzbekistan as full members, has increasingly sought to translate cultural and political solidarity into economic clout.
The proposed fund reflects a broader ambition to enhance regional self-sufficiency and position the bloc as a more influential player in Eurasian trade networks.
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