The recent change in Kyrgyzstan’s regime is creating investment challenges for Kyrgyzstan, news agencies reported. Some fear that investors will avoid Kyrgyzstan, others are wondering what Kyrgyzstan will do to ensure the investments go as expected and third some are keen to know about the projects approved but not completed under ousted president Kurmanbek Bakiyev, Irinnews.org reported. Kyrgyzstan has grown ever less attractive to external investors during the past five years because any newcomer to our market was compelled to enter into negotiations with Bakiyev’s appointees, former parliamentarian and economist Kubanychbek Idinov was quoted as saying. Two weeks ago, more than 2,000 supporters of Kyrgyzstan’s deposed president rallied near a southern town wracked by ethnic violence as unrest persists in the Central Asian country. Jalal-Abad was rocked on 19 May by ethnic clashes that left two dead and more than 70 injured, prompting authorities to boost military reinforcements and announce a two-week state of emergency there. The interim authorities that came to power after Bakiyev’s ouster in April have earned widespread popular acceptance. But unrest has persisted around Bakiyev’s former stronghold in the south. Investors remain skeptical. First Vice-Premier Almazbek Atambayev said in April that Moscow has pledged to invest in Kyrgyzstan. However, Russian companies fear Kyrgyzstan might nationalize its industrial enterprises, AtomPromResursy Group leader Andrei Cherkasenko told BFM.ru. He expressed concern the interim government might disregard the commitments made by the deposed regime. Larger-scale projects involving foreign capital and loans, among them the Kumtor gold mine development, the hydropower plant construction in the south, and the TsARII projects, will continue, he said. The National Bank has announced the money exists to finance those projects and that Russia is ready to support them. The interim government said that $200 million might have been part of a larger loan issued by Russia $300 million, which was to fund Kambar-Ata-2 hydropower plant construction and $1.7 billion, which turned Russia into a co-sponsor of the Kambar-Ata-1 project.