In all, contributions made within the Kyrgyz Republic between 1994 and 2014 have exceeded $2.707 billion.

USD millions

2014

1994 – 2014

Taxes, customs & other mandatory payments 92.590 799.918
Social Insurance Fund 19.870 132.840
Issyk-Kul Development Fund 7.384 42.896
Licenses & permits 0.208 2.787
Pollution tax and payments to the Environment Protection Agency 0.310 4.369
Payments to Kyrgyzaltyn 0.384 12.059
Refinery 3.313 43.765
Revenue from the sale of Centerra shares 86.000
Dividends 11.164 76.615
Purchases in the Kyrgyz Republic:

– supplies & services

59.873 647.688
– foods 4.924 56.702
Kyrgyz-infrastructure-related payments:

– electricity

10.413 141.006
roads outside the mine site 1.763 39.281
Tamga-Kumtor power-transmission line 41.612
KOC employees’ net wage 65.919 513.928
Sanatoria treatment 0.744
Education, scholarships & training 0.738 4.649
Sponsorships & sustainable development projects 4.482 25.408
Government contributions 31.000
Payments to communities 4.400
Total 283.333 2,707.67

 

Kumtor’s Impact on the Macroeconomic Performance of the Kyrgyz Republic

 

According to preliminary reports of the KR National Statistics Committee,

– Kumtor’s share in KR GDP in 2014 was 7.4 %;

– Kumtor’s share in the aggregate industrial output was 23.1 %.

contribution_to_economy_en

Kumtor’s contribution to the economy of KR can be found here

Info graphics