Consortium of Serbian Companies to Develop State Lottery in Kyrgyzstan

The bid for the development of lottery activities in Kyrgyzstan has been won by a consortium of Serbian companies, Elbet d.o.o and Axel Capital.

According to data reported by the Centre for Public-Private Partnership (PPP), on 8 October 2021, the State Lottery Company announced a competition for the selection of a private partner.

In November, a commission decided the list of firms that had met all the qualification requirements established by the authorised body in the field of PPP; the consortium was among the firms that passed this selection.

The next meeting of the tender commission was held in January 2022. Envelopes with applications for selection of the winner of the competition (second stage) were opened. As a result, it was decided to announce the consortium of companies Elbet d.o.o. and Axel Capital as a winner.

“The tender commission has only determined the winner, now the State Lottery Company has to conclude an agreement with the consortium within the established time frame. Only after that the consortium of companies will be registered in Kyrgyzstan,” the PPP said in a statement.