SFIT 'Tamchy' Opens First Business Center for Future Residents

The special financial and investment territory (SFIT) "Tamchy" has opened its first business center on the shores of Issyk-Kul, marking a significant step in its development. The newly inaugurated building will serve as the operational hub for the management company, housing its offices and laying the groundwork for attracting businesses and residents.

This 3,850-square-meter facility is equipped with office spaces, coworking areas, conference rooms, and meeting rooms. Future plans include the addition of a restaurant and cafe, further enhancing the amenities available within the territory. The opening signifies the commencement of "Tamchy's" active operations and its ambition to forge financial and logistical connections between markets in the CIS, Asia, the Middle East, Europe, and Africa.

Ayaz Baetov, chairman of the SFIT "Tamchy" Management Council and Minister of Justice, highlighted the center's role in establishing "financial and logistical bridges" between diverse global markets. The SFIT "Tamchy," established in July 2025, spans approximately 6,000 hectares along Issyk-Kul. It offers prospective residents the application of English common law, a zero tax rate for 49 years, and the full repatriation of profits.

The territory's ambitious development plan projects the registration of over 3,900 companies and the creation of more than 10,000 jobs by 2035. The management council has already formed a management company, approved a development plan, and adopted an initial set of regulatory documents. The selection process for the chairman and judges of the International Dispute Resolution Center is also ongoing.

“

The opening of the first business center is the beginning of the territory's real operational life. We are building financial and logistical bridges between the markets of the CIS, Asia, the Middle East, Europe, and Africa.