Published
10/07/2025, 15:43The Chairman of the Cabinet of Ministers and Head of the Presidential Administration of the Kyrgyz Republic, Adylbek Kasymaliyev, held a working meeting dedicated to the implementation of the Presidential Decree on the creation of a special financial investment territory ‘Tamchy’ with a special legal regime and an independent international dispute resolution centre based on English law in the Issyk-Kul region.
The meeting was also attended by heads of state bodies, international consultants and representatives of the Singaporean investment consulting company Makara Capital. Kasymaliyev emphasised that the creation of the Tamchy Special Financial Investment Territory is one of the strategic directions for the country's development, aimed at forming a new point of economic growth.
Kasymaliyev emphasised that the creation of the Tamchy SFIT is one of the strategic directions for the country's development, aimed at forming a new point of economic growth. To implement the project, it is necessary to ensure the coordination of actions by state structures and the timely adoption of relevant regulatory acts.
Representatives of Makara Capital outlined the basic principles of project design and implementation, noting the importance of positioning the territory in accordance with national priorities, creating effective independent management, applying English law and conditions attractive to investors, including tax and financial incentives.
The experts drew attention to the development of human resources and infrastructure, emphasising that the Tamchy SFIT model could become unique in the region, combining the best practices of international financial centres such as Dubai and Singapore in the formation of the Kyrgyz concept of a modern international financial centre.
