AmCham in the Kyrgyz Republic

About AmCham

The American Chamber of Commerce in the Kyrgyz Republic (AmCham) is the leading international business association that seeks to create a favorable and competitive business environment in the Kyrgyz Republic. AmCham represents over 80 large, medium, and small enterprises from different sectors of the economy. The Chamber promotes and protects the legitimate interests of local and international investors who have invested in the economy of Kyrgyzstan. The American Chamber of Commerce is helping to improve the business environment in the country by acting as a bridge between entrepreneurs and government agencies.

AmCham Global Network

Founded in 2005, the American Chamber of Commerce is part of the largest international business organization, the U.S. Chamber of Commerce, which represents the interests of more than 3 million companies. The Chamber cooperates with global AmCham network, which representing 117 Chambers in 103 countries all over the world.

What does AmCham do?

Promotion of common interests of the AmCham members and legislative initiatives to create favorable conditions for doing business in the Kyrgyz Republic.

The American Chamber of Commerce is an active member of all high-level public-private dialogue platforms, where it promotes initiatives that help improve the investment climate:
• Council for Business Development and Investment under the Government of the Kyrgyz Republic;
• Council for the Development of Business and Entrepreneurship under the Speaker of Jogorku Kenesh;
• Committee under the National Council for Sustainable Development of the Kyrgyz Republic;
• And many other councils, commissions and working groups.

In close cooperation with government agencies, media and other business structures of the Kyrgyz Republic, the Chamber influences highest-level leaders of State through participation in round tables, conferences, forums, press conferences and other ways of interaction.

Organization of events for the benefit of businesses
Events by AmCham provide an opportunity to promote the interests of companies at the national level and to influence the resolution of issues in their favor.

business forums, round tables, conferences;
workshops and training sessions with experts on urgent business topics;
business lunches with the participation of government representatives, ambassadors, business community leaders;
seminars and trainings
Informal networking events

Promotion of AmCham members’ products and services
AmCham is an effective platform for promoting the products and services of AmCham participating companies through a variety of channels:

Provision of information support (publicity);
Publishing company information, logo and current news on the AmCham website;
Publishing company news in AmCham’s monthly newsletter;
Distribution of AmCham’s newsletter among its members and partners;
Provides the right to participate in the discount program – this is an effective tool for cross marketing. The discount card allows the holder to receive discounts on the services and products of AmCham member-companies;
Publishing company information and logo in AmCham’s annual business portfolio

Information support
Provision of information about prospective business projects in the country to the interested investors from the countries of near and far abroad. In addition, at companies’ request, AmCham shares information from the global network about the organizations and business structures in various countries. This is useful for further cooperation between companies with similar businesses in different countries.

Visa support
AmCham members can receive letters of support for obtaining business visas for the US. To do this, you need to contact the staff of the American Chamber of Commerce in KR.

The Mission

The mission of AmCham is to help improve the investment climate in the country, as well as the relationships between Kyrgyzstan’s business companies and the international community.

AmCham participating companies are our greatest asset. We find constructive solutions for them, protect and promote their interests, provide opportunities for development, and contribute to the prosperity of business and the economy of Kyrgyzstan.

AmCham Committees

Baikal Maldybaev

Chairman of the AmCham Entrepreneurship Development and Investments Committee, Manager of the World Class Bishkek

AmCham Entrepreneurship Development and Investments Committee

Entrepreneurship Development and Investments Committee was created for the purpose of developing business activities, free development of business and its effective infrastructure, and establishing sustainable business ties between the business circles of the Kyrgyz Republic.

Entrepreneurship Development and Investments Committee performs the following functions:

Provides assistance to enterprises and entrepreneurs of Kyrgyzstan, represents their interests on issues related to the implementation of economic activities in the Kyrgyz Republic and abroad
Promotes the development of business activities taking into account the economic interests of the subjects of the Kyrgyz Republic, sectors of the national economy and enterprises
Contributes to the formation and improvement of the legal framework regulating business activities, including the development of legislative and regulatory acts aimed at further improving the taxation system of business entities, providing them with additional tax benefits and stimulating their own investment activity, as well as the preparation and implementation of programs to support various forms of private entrepreneurship.

Medet Tairov

Chairman of the Innovations, Information and Digital Technologies Committee, Member of the Board of Directors of the Bank of Asia

AmCham Innovations, Information and Digital Technologies Committee

Innovations, Information and Digital Technologies Committee is created to promote the understanding and promotion of digital and information technologies, develop partnerships with government regulators, and conduct regular training to improve skills and exchange experience.

Innovations, Information and Digital Technologies Committee performs the following functions:

Promotes the development of science and technology, research and innovation, and business services aimed at developing new products and modern technology, modernizing production, and implementing structural changes in the economy
Contributes to the formation of a regulatory framework for the development of the digital and innovative economy, including participation in the development of legislative and regulatory acts aimed at further improvement
Analysis of factors affecting the development and implementation of new technologies
Bringing to the attention of state bodies, institutions responsible for the development of innovations, digital and information technologies, proposals prepared by the Committee on the entire range of issues affecting the interests of business
Assistance to Kyrgyz enterprises in familiarizing, using and disseminating foreign and domestic experience in innovation, digital and information technologies
Promoting the development of education and training in the field of innovation, digital and information technologies in the Kyrgyz Republic.

Gulnara Satybaldieva

Chairwoman of the AmCham Construction and Real Estate Committee, CEO of Alfa Development (Kok Zhar)

AmCham Construction and Real Estate Market Committee

Construction and Real Estate Market Committee is created in order to promote the development of the construction sector of the Kyrgyz Republic on the basis of creating favorable conditions for business activities, improving infrastructure, and establishing sustainable business ties between business circles

Construction and Real Estate Committee performs the following functions:

Provides direct assistance to Kyrgyz enterprises in the field of construction, represents their interests on issues related to the implementation of construction activities in the Kyrgyz Republic and abroad
Promotes the development of business activities in the field of construction, taking into account the economic interests of the subjects of the Kyrgyz Republic, sectors of the national economy and enterprises
Contributes to the formation and improvement of the legal framework governing business activities in the construction sector, including the development of legislative and regulatory acts aimed at further improving the legal framework, as well as the preparation and implementation of programs to support various forms of private entrepreneurship
Participation together with members of the American chamber of Commerce in the Kyrgyz Republic, committees of the American chamber of Commerce in the Kyrgyz Republic in implementation of examination of draft regulatory acts in the field of entrepreneurship, the support of the state, foreign trade, as well as other issues affecting the interests of businesses
Bringing to the attention of state bodies, institutions responsible for the development and support of business activities, proposals prepared by the Committee on the entire range of issues affecting the interests of business.

AmCham Staff

Aktilek Tungatarov

Executive Director

Aizada Osmonalieva

Administrative Manager

Natalia Mashirbaeva

PR & Membership Development Manager

Malike Alenova

Projects and Development Manager

Asel Fakerdinova

Accountant

Ilias Aidar

IT Specialist

Greeting from the Executive Director

Aktilek Tungatarov

Executive Director

Dear friends!

On behalf of the American Chamber of Commerce in the Kyrgyz Republic, I would like to welcome you on our website! The American Chamber of Commerce in the Kyrgyz Republic is part of the global AmCham network worldwide, representing the business community of both local and foreign investors.

Our international business association has been active in Kyrgyzstan for over 15 years. During that time, a lot has been achieved for the development of business in Kyrgyzstan. Yet, there are still many issues of strategic importance ahead of us to be resolved to help improve the business climate in the country, build strong business relationships with the countries of the world, and facilitate the development of Kyrgyzstan as a state with strong and stable economy.

The activities of the Chamber are aimed at improving the investment climate in the country, as well as promoting business interests both locally and internationally. It should be noted that the Chamber pays special attention to building a constructive dialogue between business and the government of the country in order to achieve common goals for the benefit of the economic development of Kyrgyzstan.

As of today, the American Chamber of Commerce in Kyrgyzstan brings together more than 80 member companies, including small, medium and large businesses. Among them are financial institutions, mining companies, mobile operators, FMCG-companies, consulting firms, advertising agencies, and others. Thanks to such wide diversity of sectors covered, we are able to be effective in tackling multi-faceted tasks for the benefit of business environment development across the board.

Besides the fact that we act as a link between businesses, public authorities, and the international business community, we also provide a platform for the discussion and resolution of urgent issues. In addition, we provide access to the needed resources and information, and are always open to ideas and innovations coming from our members. We help find potential partners and investors, render advisory services and provide up-to-date information, which affects the development of your business.

I am certain that we can be useful to one another and, working together, will be able to reach new heights and intended goals.

Sincerely,

Aktilek Tungatarov

Executive Director

Board of Directors

Nazira Beishenalieva

Chairwoman of the Board – Bank of Asia

Emilbek Orozbaev

Member of the management board - Kyrgyz Investment and Credit Bank (KICB)

Mutlu Ocak

General Manager -Coca-Cola Bishkek Bottlers

Sevki Sarilar

General Manager-Demir Kyrgyz International Bank

Asseta Krasnozhonova

Chief Operating Officer/Deputy Chairman of the Management Board - FINCA Bank

About Kyrgyzstan

The Kyrgyz Republic is a country in Central Asia, with the population of over 6 million. Kyrgyzstan exports electricity, cotton, gold, meat, tobacco, garments, mercury, uranium, and wool. The country has a developed mining industry and clothing manufacture. According to the ranking of countries by the level of economic freedom in 2015, Kyrgyzstan holds the 82^nd position, which belongs to the “moderately free countries” category. In Central Asia, Kyrgyzstan ranks second in the rankings, next to the Republic of Kazakhstan.

In the Doing Business 2018 ranking, Kyrgyzstan received 70th position. According to the study, Kyrgyzstan