Kyrgyzstan Launches Tamchy SFIT, Gateway For Malaysian Business To Eurasian Markets
KUALA LUMPUR, July 4 (Bernama) -- Kyrgyzstan has launched the Tamchy Special Financial Investment Territory (SFIT), a jurisdiction in the heart of Eurasia aimed at attracting international investors, financial institutions and technology companies seeking a reliable gateway to regional markets.
The Tamchy SFIT Management Council said its strategic location at the crossroads of key Eurasian trade and financial corridors could serve as an essential transit and investment hub connecting ASEAN markets with the economies of Central Asia, West Asia and Europe within the emerging framework of global supply chains.
“For Malaysian corporations, the new financial investment territory offers a full-fledged operational platform that allows them to scale their presence in the growing markets of Eurasia.
“They will gain access to large-scale business and residential infrastructure developed across 6,000 hectares on the picturesque shores of Lake Issyk-Kul," it said in a statement, adding that an international airport and a modern logistics centre are within walking distance.
Companies from South Korea, the UAE, Hong Kong, Switzerland and Kazakhstan are among the first residents of the jurisdiction.
Kyrgyz President Sadyr Japarov said at the launch ceremony on Friday that changes in the global economy are driving demand for new centres of business activity where international standards are supported by true freedom of innovation and long-term investment.
“Kyrgyzstan is ready to become one of these places. We are leveraging global best practices to build a financial centre from scratch – with an independent court, a modern regulator and rules that won’t change with shifting trends,” he said, according to the statement.
First Deputy Chairman of the Tamchy SFIT Management Council Ali Ijaz Ahmad said the jurisdiction was built with a clear understanding of what international capital and businesses require.
“Tamchy SFIT offers exactly a trusted, flexible and investor-ready platform for businesses seeking sustainable growth,” he said.
The jurisdiction operates under English common law, a system that is historically transparent and familiar to Malaysia's corporate sector, while a high level of legal protection and stability is ensured by an independent court, an International Dispute Resolution Centre and a dedicated financial regulator, according to the statement.
Tamchy residents will also enjoy wide range of benefits, including the right to full foreign ownership of companies, a zero-tax regime for 49 years, as well as the legal and free circulation of virtual assets guaranteed under the jurisdiction’s legislation.
Tamchy also offers an option to run business in a fully remote mode, where investors can operate through a one-stop-shop system without the need for a physical presence in the country.
The council said Kyrgyzstan’s strong macroeconomic indicators reinforce the attractiveness of the Tamchy SFIT, with the country recording one of the highest growth rates in the region.
Its gross domestic product (GDP) jumped from US$8 billion in 2020 to more than US$22 billion in 2025, with a growth rate of over 11 per cent posted in 2025.
-- BERNAMA