Kyrgyzstan’s Free Economic Zones Contribute 2.5 Billion Soms to National Budget

Kyrgyzstan's free economic zones (FEZ) contributed 2.5 billion soms to the state budget in 2024, according to Ekaterina Komarova, head of the Department of FEZ, Public-Private Partnerships (PPP), and joint-stock companies at the National Investment Agency, The Caspian Post reports citing foreign media.

FEZs attract investors from more than 25 countries, including Germany, China, Turkey, South Korea, Russia, Kazakhstan and Iran. More than 350 companies operate in the zones, engaged in trade, food and light industries, as well as in the production of building materials and furniture. More than 2,500 jobs have been created at FEZ enterprises.

There are five free economic zones operating in the republic: Maimak, Bishkek, Karakol, Naryn and Leylek. Ekaterina Komarova noted that to register in one of the free economic zones, it is necessary to submit a package of documents:

1. The company’s memorandum of association.
2. The company’s charter.
3. The decision to establish the company.
4. A copy of the state registration certificate.
5. A business plan indicating the expected investments.
6. A statement of intent to establish a company in any form.