Representatives of the diplomatic corps, international organizations, and partners attended the event.

Opening the ceremony, the head of state said the territory would become a new investment platform for regional and global economic processes.

The president highlighted the project’s legal framework and institutional foundations.

«The Law on Tamchy SFIT defines the territory’s status, legal framework, operational procedures, governing bodies, regulatory mechanisms, registration and licensing procedures, dispute resolution mechanisms, and guarantees for participants. Thanks to this comprehensive approach, a fully developed legal institution has been created to ensure the long-term functioning of the Tamchy investment territory, protect the interests of all participants, and strengthen investor confidence,» Sadyr Japarov said.

The president also emphasized the economic expectations tied to the project’s implementation.

«According to preliminary forecasts, the project will gradually gain momentum, and by 2035 this investment territory is expected to host more than 3,900 resident companies and create over 10,000 new jobs,» he noted.

Sadyr Japarov also spoke about the project’s multiplier effect.

«As you know, when companies enter a financial and investment territory, they bring with them new orders for builders, suppliers, transport companies, hotels, restaurants, service providers, farmers, and entrepreneurs. In this way, the project creates jobs for our people, opens new opportunities for businesses, and provides the state with new sources of economic growth,» the president said.

The president noted that SFIT’s competitive advantages are based on best practices from global financial centers such as Dubai, Singapore, and Luxembourg.

In a symbolic gesture, the head of state activated a geotag, marking the emergence of a new point on the global financial map.

The president then presented certificates to the first five residents—companies from the United Arab Emirates, Hong Kong, Switzerland, Kazakhstan, and South Korea—including SkyBridge Digital Finance, payment platform Thunes, brokerage firm Victory Securities, fintech company Onchain Technologies, and diversified holding company Serim.

In addition, 15 more companies from various countries are currently undergoing registration procedures to become residents of Tamchy SFIT.

Tamchy SFIT operates under the principles of English common law. The territory has its own financial regulator, an International Dispute Resolution Center, and a unified digital registrar.

Residents benefit from a special tax regime featuring zero rates on income tax, dividends, capital gains, and VAT for 49 years. The framework also guarantees 100 percent foreign ownership of companies and free repatriation of profits.