Article
Article name Basic mechanisms and tools to stimulate foreign direct investment in the gold mining industry of the Kyrgyz Republic
Authors Zhaparov G.. ,
Artykbaev O.. ,
Bibliographic description Zhaparov G., Artykbaev O. Basic mechanisms and tools to stimulate foreign direct investment in the gold mining industry of the Kyrgyz Republic // Transbaikal State University Journal, 2018, vol. 24, no. 1, pp. 116–123
Category Economics
DOI 338.439: 336.581/622.13(575.2)
DOI 10.21209/2227­-9245­-2018­-24­-1-­116­-123
Article type Scientific
Annotation Mechanisms for stimulating investment in the mining industry of Kyrgyzstan are considered. The issues related to attracting investments not only for the development of gold deposits, but also for geological exploration work were studied. It is noted that in this context there is currently no clearly defined strategy. It was revealed that one of the main problems is the system of organization and creation of pre-investment sites, in particular, the infrastructure for development, production, delivery, and resources, which is primarily connected with roads, power lines, water, etc. The investment opportunities of mining companies that can contribute to the development of the entire industry and the implementation of projects connected not only with mining, but also with the introduction of modern management in the project management system are explored. It is established that it is precisely clear and specific mechanisms for attracting investments that can contribute to the formation of a positive investment image of the country. The tools and characteristics of these relationships in the industry have been analyzed. Mechanisms of stimulation in such unpopular sectors of extractive industries as reconnaissance, formation of a database of potential sites for development of deposits of gold and other minerals
Key words investment; mining industry; gold industry; direct investment; sectoral structure; economic growth; bank capital; competitiveness; forecasted resources; public investment
Article information
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Full articleBasic mechanisms and tools to stimulate foreign direct investment in the gold mining industry of the Kyrgyz Republic