Problems and prospects for investments in the coal industry of the Kyrgyz Republic

This study is devoted to the development of investments in the coal industry in the Kyrgyz Republic as an economic environment for the growth of the potential of the country’s coal industry. The purpose of this study is to examine the coal market in Kyrgyzstan, as well as consideration of the main trends in the coal industry and the qualitative characteristics of the industry. In accordance with the purpose of the paper, it attempts to give an analysis of the current state of the coal industry in Kyrgyzstan, to analyze the change in the qualitative characteristics of the industry in recent years. It also considers the main priorities of the state policy with regard to the coal industry at the present stage, such as: increasing the role of coal in the power industry; building up the export potential of the coal industry; increasing the efficiency of rail transport of coal; and ensuring a favorable investment climate. The coal mining industry in the Kyrgyz Republic is a big economic sector as coal is the primary fuel for electricity generation and the cheapest and most sufficient source of energy. This paper provides an overview of coal reserves in the Kyrgyz Republic and an analysis of the coal industry’s systematic data with respect to the number of companies, their total production and productivity. It discusses the issues of investment in the coal industry regarding its future, including creation of an investment-favorable climate, financial support for the coal industry of the republic.