Kyrgyzstan Establishes Tax-Friendly Tamchy Zone to Lure Local and Foreign Investors

photo: Economist.kg

Kyrgyzstan Establishes Tax-Friendly "Tamchy" Zone to Lure Local and Foreign Investors

Kyrgyz President Sadyr Japarov has signed into law a bill establishing the “Tamchy” Special Financial Investment Territory in Kyrgyzstan’s Issyk-Kul region, designed to attract foreign and domestic investment and stimulate economic growth across multiple sectors.

The law, adopted by the Jogorku Kenesh (parliament) on June 19, introduces a distinct legal and regulatory regime for the Tamchy zone, offering favorable tax and legal conditions to support business development, The Caspian Post reports via local media.

The new territory will support the growth of key industries including manufacturing, tourism, health and wellness services, and transport infrastructure.

A central feature of the initiative is the creation of an International Dispute Resolution Center, which will resolve civil and commercial cases under the principles of English law. The move is expected to foster greater trust among foreign investors by ensuring a transparent, internationally recognized legal framework.

Officials say the Tamchy zone will play a strategic role in strengthening Kyrgyzstan’s investment climate and positioning the country as a competitive destination for international business in Central Asia.

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Kyrgyz President Sadyr Japarov has signed into law a bill establishing the “Tamchy” Special Financial Investment Territory in Kyrgyzstan’s Issyk-Kul region, designed to attract foreign and domestic investment and stimulate economic growth across multiple sectors.