Published
07/11/2025, 14:56President Sadyr Zhaparov signed the law “On Special Financial Investment Territory ‘Tamchy’ with a special legal regime and status”. The document was adopted by the Jogorku Kenesh on June 19, 2025.
The purpose of the law is to create conditions for attracting investment, stimulating economic growth and introducing international standards in the legal regulation of business.
A special legal regime including tax and legal preferences for investors will operate on the territory of SFIT “Tamchy”. It is envisaged to develop such sectors as industry, tourism, health resort and transportation.
A separate provision of the law provides for the establishment of the International Center for Dispute Settlement with the application of English law. This is aimed at increasing the confidence of foreign investors.
The law establishes the procedure for the establishment, functioning and changing the boundaries of SFIT “Tamchy”, forming the legal basis for its development.