Translated with AI
The Tamchy Special Financial and Investment Territory (SFIT) is opening its first business center on the shores of Lake Issyk-Kul. It will house the offices of the SFIT management company. From now on, the territory will begin preparations for official business operations and welcoming its first residents.
The 3,850-square-meter business center includes office space and coworking areas, multifunctional conference halls, and meeting rooms. A restaurant and café will open on site soon.
"The Tamchy Business and Investment Center (SFIT) was established at a time when international businesses are actively seeking new points of trust. The opening of the first business center marks the beginning of the territory's operational life. We are building financial and logistical bridges between the markets of the CIS, Asia, the Middle East, Europe, and Africa—and today, this bridge has its first address, where active preparations are already underway to welcome the first residents," said Ayaz Baetov, Chairman of the Tamchy Business and Investment Center Management Board and Minister of Justice of the Kyrgyz Republic.
Shortly before the business center's opening, the SFIT Management Council formed a management company, approved the financial center's development plan, and adopted the first package of regulatory documents. Concurrently, the selection of the chairperson and judges for the International Dispute Resolution Center is underway.
The Tamchy Special Economic Zone was established by Law No. 136 of the Kyrgyz Republic on July 10, 2025, on approximately 6,000 hectares of land on the shores of Lake Issyk-Kul. Residents are entitled to operate under English common law, enjoy a zero tax rate for 49 years, and enjoy the right to 100% profit repatriation. By 2035, the zone is expected to accommodate over 3,900 companies and create over 10,000 jobs.
