Kyrgyzstan has introduced a temporary ban on the export of scrap and ferrous metal waste, ferrous metal ingots for remelting from the Kyrgyz Republic.
The press service of the State Agency for State Property Management said that in connection with this, in order to effectively sell scrap and waste of non-ferrous and ferrous metals by state institutions, the Metalprom branch was created in July 2022 under the state enterprise “Directorate for Facilities Management” .
According to paragraph 41 of the regulation on the procedure for writing off fixed assets on the balance sheet of state-owned enterprises of the Kyrgyz Republic, components, parts, materials and assemblies containing precious materials and stones, as well as non-ferrous and ferrous metals seized after dismantling and disassembling the property were subject to sale to the relevant organizations that have licenses for this type of activity. For the purpose of write-off, a commission was constantly created and an assessment of the property being written off was carried out, which required additional costs from the budget.
Since the creation of the Metalprom branch, all government bodies have been selling scrap and waste to the above-mentioned institution, where now part of the funds from further sales is distributed to the republican budget.
It should be noted that before the creation of the Metalprom branch, there was no information on the amount of non-ferrous and ferrous metals sold by state-owned enterprises.
At the end of 2023, the Metalprom branch came out with an income of 96.5 million soms. During the first half of 2024, 51 contracts were concluded. With a total weight of 11,806.2 tons, of which: ferrous metal – 11,565.0 tons; non-ferrous metal – 241.2 tons.
At the same time, since the creation of the Metalprom branch, 35 thousand tons of scrap and waste of ferrous and non-ferrous metals have been collected.
According to the results of the 1st half of 2024, the branch came out with an income of about 52.5 million soms.
It is also worth noting that in the near future it is planned to build a plant for metal processing and production of metal products.
