Issyk-Kul region - The Times Of Central Asia

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Electric Vehicles

Kyrgyzstan to Install Electric Vehicle Charging Stations in Key Tourist Region

State-owned Chakan GES OJSC will install 10 electric vehicle (EV) charging stations across the Issyk-Kul region, Kyrgyzstan’s primary tourist destination, and home to Lake Issyk-Kul and the country’s largest mountain ski resort in Karakol. The initiative is being implemented with support from the Ministry of Energy as part of ongoing efforts to promote environmentally friendly transportation and enhance tourism and transport infrastructure in the region. The new stations will be located in Karakol, the administrative center of the Issyk-Kul region (2 stations); Cholpon-Ata, the main resort hub (2); Balykchy (2); and the villages of Bokonbaevo (1), Kyzyl-Suu (1), and Tyup (2). All are scheduled to begin operations later this year. The number of electric vehicles in Kyrgyzstan is steadily rising. According to First Deputy Prime Minister Daniyar Amangeldiev, more than 200 EVs are imported into the country daily under a VAT exemption scheme. As a member of the Eurasian Economic Union (EAEU), Kyrgyzstan has an annual quota allowing for the duty-free import of up to 15,000 electric vehicles. Despite this growth, EVs still make up a small share of the national vehicle fleet. According to Minister of Natural Resources, Ecology, and Technical Supervision Meder Mashiev, Kyrgyzstan had over 1.9 million registered vehicles as of early 2026, a 13% increase from 2024. Of these, 972,000 run on gasoline, 339,000 on diesel, 56,900 on gas, and 37,000 are hybrids. Electric vehicles account for just 0.8% of the total, or approximately 15,200 units. The government is also advancing plans to localize EV assembly as part of its broader strategy to expand eco-friendly transport options and combat air pollution, particularly in cities like Bishkek. In June 2025, the Ministry of Economy and Commerce signed a memorandum of understanding with South Korean firms EVSIS, NGS, and the Korea Automobile Environment Association. The agreement focuses on developing EV charging infrastructure in Bishkek. As The Times of Central Asia previously reported, South Korean partners also intend to launch production of EV charging stations in Kyrgyzstan, aiming to establish local manufacturing and create a nationwide charging network across major cities and regions.

Tourism Development

Switzerland Backs Winter Tourism Development in Kyrgyzstan

Switzerland is providing practical support to Kyrgyzstan in developing its winter tourism sector, with a strong focus on training professional staff. A program for ski instructor training is currently underway in the city of Karakol, Issyk-Kul region, with Swiss backing. Switzerland's ambassador to Kyrgyzstan, Sirocco Meserli, recently visited a cross-country skiing training session, a sport that has seen systematic development in Kyrgyzstan since 2022. According to Swiss diplomats, specialists from Switzerland have arrived to train Kyrgyz instructors and sports school coaches in modern international methods tailored for children, adults, and tourists. The initiative is part of the Sustainable Winter Tourism project, funded by the Swiss government. The final stage of this year’s training sessions with Swiss experts is currently taking place. [caption id="attachment_42787" align="aligncenter" width="300"] @TCA[/caption] Meserli stated that the program covers skiing techniques, instructional methods, tourist engagement, and safety protocols. “Infrastructure development is important, but qualified personnel who can provide a high level of service and a positive tourist experience play a decisive role,” he said. The project introduces international training standards for instructors at the Admission, Aspirant, and Instructor levels, commonly used in alpine skiing and snowboarding training globally. The Swiss side has emphasized the project’s long-term goals: not only to train instructors but also to lay the foundation for winter sports as a sustainable economic sector, fostering growth in tourist traffic, job creation, and service offerings during the winter season. [caption id="attachment_42788" align="aligncenter" width="300"] @TCA[/caption] Kyrgyz experts see high potential in this area. Approximately 94% of Kyrgyzstan’s territory is mountainous, and new ski resorts are actively being developed across the country. “Skiing is becoming popular. Young people are eager to learn. All instructors speak Kyrgyz, Russian, and English, and demand for training has grown significantly,” ski instructor Daniyar Toichbek told The Times of Central Asia. Karakol remains Kyrgyzstan’s primary ski destination. During the winter season, numerous rental shops operate in the city, where a full set of ski equipment can be rented for about $35, making winter recreation accessible to both locals and international visitors.

Gold Mining

Underground Gold Mining Officially Launched at Kumtor

Kyrgyz President Sadyr Japarov has inaugurated underground mining operations at the high-altitude Kumtor gold mine during a working visit to the Issyk-Kul region. According to Japarov, underground development at Kumtor should have started two decades ago. However, the mine’s former operator, Canadian company Centerra Gold, opted instead for open-pit mining, which was less costly but had serious environmental consequences. He said the dumping of waste rock onto the Davydov and Lysyi glaciers resulted in their degradation. “The launch of underground gold mining at Kumtor is a crucial step toward environmental protection and glacier preservation,” Japarov stated. He reported that approximately 1,600 meters of tunnels have already been excavated, and ore with a gold content exceeding five grams per ton is ready for extraction. The underground operation is projected to continue for 17 years, with proven reserves estimated at 147 tons of gold. While Centerra Gold had previously explored underground mining, low global gold prices over a decade ago rendered the project financially unviable. The open-pit method yielded between five and seven grams of gold per ton of ore, then considered the threshold for profitability. As gold content declined over time, the possibility of mine closure loomed. That outlook changed with rising gold prices. Following the nationalization of Kumtor in 2021, the mine’s profitability increased substantially. According to Japarov, since May 2021 the mine has produced 54 tons of gold, generating $3.5 billion in revenue. Of that, $891 million was paid into the state budget through taxes and other contributions. By contrast, the president noted, Kyrgyzstan received just $100 million during the 28 years the mine was under foreign ownership. Speaking to The Times of Central Asia, veteran Kyrgyz geologist Rozalia Djenchuraeva suggested Kumtor’s reserves may be even larger. “Even on Soviet maps, one can see that there is a lot of gold in this area. Gold-bearing veins run under the glaciers from the Kyrgyz-Chinese border through Kumtor and extend westward for many kilometers,” she said. Djenchuraeva added that with modern technologies, especially underground extraction, it is possible to mine gold efficiently while adhering to environmental standards.

Railways

EDB to Fund Feasibility Study for Railway in Kyrgyzstan’s Issyk-Kul Region

The Eurasian Development Bank (EDB) will provide a grant to Kyrgyzstan’s national railway company, Kyrgyz Temir Jolu, to prepare a preliminary feasibility study for a new railway line connecting the cities of Balykchy and Cholpon-Ata in the Issyk-Kul region. Balykchy and Cholpon-Ata are located 79 km apart. At present, the railway linking Kyrgyzstan’s capital, Bishkek, with Lake Issyk-Kul ends in Balykchy. The planned section would extend the line to Cholpon-Ata, the main resort city on the lake’s northern shore. A technical assistance agreement for financing the study was signed on August 14 by Azamat Sakiev, General Director of Kyrgyz Temir Jolu, and Iaroslav Mandron, Vice Chairman of the EDB Management Board. According to the EDB, the Balykchy-Cholpon-Ata project aims to boost both tourism and freight connectivity in the Issyk-Kul region, linking its resorts to the railway networks of Kazakhstan and Uzbekistan. It is also expected to support mineral resource development and expand freight operations by creating more reliable logistics routes. The preliminary feasibility study will compare technical and economic options, determine the optimal construction approach, develop a high-level financial and economic model, and provide recommendations for implementation and financing. “The new Balykchy-Cholpon-Ata railway section is crucial not only for strengthening Kyrgyzstan’s domestic transport system but also for advancing international logistics,” said Mandron. “The project will integrate with Tamchy Airport, about 40 km from Cholpon-Ata, helping increase both tourist and cargo traffic. The feasibility study is a strategic step that will allow the parties to move from intentions to concrete implementation mechanisms for a project estimated at around $500 million.”

Security

CCTV Cameras Installed Around Lake Issyk-Kul to Combat Poaching and Environmental Violations

Kyrgyz authorities have begun installing CCTV cameras around Lake Issyk-Kul as part of a broader effort to protect the region’s fragile ecosystem and crack down on poaching. The surveillance system, which includes thermal imaging capabilities, will operate around the clock, the Issyk-Kul Regional Internal Affairs Department announced. The cameras are designed to capture instances of illegal fishing and to monitor motorists who drive onto beaches or into the lake itself, practices that authorities say are damaging the environment. Police officials stressed that this measure was necessary, as public awareness campaigns and verbal warnings had not been effective in curbing such behavior. “This is an important step toward preserving the lake’s natural environment,” the regional police stated. “Conversations and warnings have not worked, people continue to pollute Issyk-Kul. Our goal is to install cameras around the entire perimeter. Together, we will succeed.” Public Involvement and Technological Integration Authorities have called on both local residents and the business community to support the initiative, including through financial contributions. The new video system will be integrated into the regional situation center operated by the Kyrgyz Ministry of Internal Affairs. The center currently oversees major settlements in the area and already operates 353 smart cameras capable of tracking movement and recognizing faces. Staff at the center monitor adherence to environmental regulations and public order. In collaboration with the Ministry of Emergency Situations, law enforcement regularly conducts raids to identify illegal fishing operations. A particular concern is the use of synthetic fishing nets, which are banned from import and considered especially harmful to the lake’s biodiversity. Environmental Enforcement and Community Outreach “Issyk-Kul is a gift of nature. Its preservation is the sacred duty of every citizen,” said Chingiz Tokoldashev, head of the Balykchy Internal Affairs Department. “The fight against illegal fishing is our priority.” Law enforcement also engages in preventive outreach, educating vacationers about fishing regulations and environmental restrictions. Under current rules, legal fishing, including for the endemic chebachka fish, requires payment of a fee of 600 KGS (approximately $7) to the Ministry of Natural Resources.

Investments

New Law Paves Way for Special Investment Zone in Kyrgyzstan

Kyrgyz President Sadyr Japarov has signed a new law establishing a special financial investment territory in the Issyk-Kul region. The legislation, titled “On the Special Financial Investment Territory ‘Tamchy’ with a Special Legal Regime and Status,” was approved by the Jogorku Kenesh (parliament) on June 19. The law codifies Japarov’s earlier presidential decree of March 17, which called for the creation of a special investment zone with its own legal framework and an independent international center for dispute resolution based on English law. Investment Zone with International Standards The Tamchy Special Financial Investment Territory is intended to attract both foreign and domestic investment, improve Kyrgyzstan’s overall investment climate, and boost key sectors such as manufacturing, tourism, wellness, and transport infrastructure. The zone will operate under a special legal regime that includes tax preferences and other incentives for investors. A key innovation is the establishment of an International Center for Dispute Resolution, which will resolve investment-related disputes under English common law, a legal system grounded in judicial precedent and widely used in global financial hubs like London, Dubai, and Singapore. Legal Certainty to Attract Investors By introducing English common law into its investment framework, Kyrgyzstan hopes to create a more transparent and investor-friendly legal environment. Supporters of the initiative argue that legal predictability is essential to building investor confidence and attracting long-term capital. The government has positioned the Tamchy zone as a cornerstone of its broader economic strategy. The aim is to stimulate socio-economic development, align with international financial and legal norms, and position Kyrgyzstan as a competitive investment destination in Central Asia.