The government of Kyrgyzstan has officially opened the Tamchy Special Financial Investment Territory (SFIT), an integrated investment and financial district designed specifically to attract international corporations. This strategic initiative is projected to become a new economic epicenter in Eurasia, while providing an entry point for global companies, including business players from Indonesia, to reach potential markets in Central Asia.
One of the main attractions offered by Tamchy SFIT is an aggressive fiscal incentive: a zero-percent tax exemption scheme covering all major types of taxes for 49 years. Local authorities took this step to boost the region's competitiveness amid fierce global competition for foreign direct investment.
Beyond tax relief, Tamchy SFIT also implements a legal framework based on English Common Law, guaranteeing certainty for investors. The presence of independent courts, an international dispute resolution center, and a modern financial regulator serve as key instruments to provide stable and consistent legal protection for business entities.
The President of Kyrgyzstan, Sadyr Japarov, emphasized that the development of this zone is a concrete effort by his country to adopt international standards in order to attract long-term capital. He stressed that Tamchy SFIT relies not only on regulatory innovation, but also combines digital operational efficiency with modern infrastructure, given its highly strategic location just five minutes from Issyk-Kul International Airport.
Currently, several multinational companies such as Serim (South Korea), Thunes (United Arab Emirates), Victory Securities (Hong Kong), and Onchain Technologies (Switzerland) have officially invested in the zone. The Kyrgyz government aims to attract 4,000 companies to Tamchy SFIT by 2035 to strengthen the country's position on the international financial map.
