Kyrgyzstan and Malaysian company discuss cooperation on precious metals

BISHKEK, Kyrgyzstan, April 2. Foreign Minister
of Kyrgyzstan, Jeenbek Kulubayev, and the leadership of the Public
Gold Malaysian company discussed cooperation in the precious
metals’ industry, Trend reports.

According to the Ministry of Foreign Affairs of Kyrgyzstan, the
parties discussed establishing cooperation with Kyrgyz companies to
create joint ventures in Kyrgyzstan for the production of gold
jewelry. The meeting took place within the framework of Kulubayev’s
working visit to Malaysia.

Kulubayev, noting the significant potential of Public Gold in
this direction, conveyed Kyrgyzstan’s interest in attracting
investments for the joint development of deposits.

Public Gold is one of the leading companies in the precious
metals industry in Malaysia, engaged in the sale and manufacturing
of gold and silver jewelry on an industrial scale. Since its
establishment as a precious metals trading company in 2008, it has
been a pioneer in Malaysia’s precious metals’ industry.

According to the State Statistical Committee of Kyrgyzstan, the
value of mineral extraction in the country amounted to 9.019
billion soms ($100.875 million) from January through February,
which is 23 percent higher than in the same period of 2023.