Kyrgyzstan hosted E-Commerce Expo 2024 to drive digital transformation in Central Asia

The Ministry of Economy and Commerce of the Kyrgyz Republic hosted the E-Commerce Expo 2024, a milestone event aimed at accelerating digital transformation across Central Asia. The event attracted over 600 participants, including business leaders, government officials, entrepreneurs, and representatives from international organizations, marking a key moment in the region’s journey toward a robust digital economy.

The E-Commerce Expo 2024 provided a platform for collaboration and knowledge exchange on emerging digital tools and trends. The forum aimed to accelerate intra-regional business connections, promote stakeholder dialogue, and drive the growth of e-commerce, all while enhancing participants’ understanding of the digital economy.

“E-commerce in Kyrgyzstan is rapidly evolving, and we are committed to creating the conditions necessary for it to become a vital component of our economy. The recently adopted laws and programs to support e-commerce, along with our collaboration with the private sector and international partners, are unlocking new opportunities for entrepreneurs and enhancing confidence in the e-commerce landscape. The E-COM EXPO 2024 forum serves as a crucial platform for discussing joint initiatives and developing actionable plans for advancing the e-commerce market,” said Daniyar Amangeldiev, Minister of Economy and Commerce of the Kyrgyz Republic.

“Digital transformation is a key driver for e-commerce, which, in turn, generates jobs, builds businesses, and supports sustainable economic growth. UNDP is committed to ensuring that Kyrgyzstan’s digital transformation leaves no one behind, with a special focus on youth, women, rural communities, and persons with disabilities. Our work aligns closely with the country’s Conception of Digital Transformation for 2024-2028, promoting a cohesive and prosperous society.”-said Alexandra Solovieva, UNDP Resident Representative. 

As part of this broader vision, UNDP is supporting the development of an E-commerce Park in Kyrgyzstan, which will offer a preferential regulatory regime for e-commerce enterprises. This effort is designed to attract investment and stimulate the growth of the business ecosystem. The e-commerce sector is expected to grow from $360 million in 2024 to $595.7 million by 2028, with tax revenues set to more than double by 2025.