• KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
17 September 2026

Viewing results 1 - 6 of 21

Kyrgyzstan-Germany Project Studies Lake Issyk-Kul Ecosystem

A comprehensive scientific study of Lake Issyk-Kul began on June 11 as part of an international project involving Razzakov Kyrgyz State Technical University (KSTU), the International Medical University, and Germany’s Leibniz Institute of Freshwater Ecology and Inland Fisheries. Lake Issyk-Kul is Kyrgyzstan’s largest lake and its leading tourist destination. It also forms part of a protected ecological area. In recent decades, the lake has faced growing climate-related pressures. According to KSTU, cooperation between the scientific institutions began in 2024 with the establishment of the Issyk-Kul Ecological Laboratory in Cholpon-Ata. The laboratory has since become a platform for joint research into the lake’s ecological condition. In 2025, the partners secured a grant from the German Research Foundation to conduct a comprehensive study of the Issyk-Kul ecosystem. German scientists have arrived in Kyrgyzstan to take part in the research. The project focuses on the hydrophysical, hydrochemical, hydrobiological, and hydro-optical properties of Issyk-Kul’s water using advanced scientific methods and technologies. Researchers are also studying biological processes within the aquatic ecosystem, including DNA and RNA analysis of biomaterials. The research is expected to help assess ongoing ecological processes, identify long-term trends, and establish a scientific basis for measures to preserve the lake’s ecosystem. According to KSTU Professor Salmor Alymkulov, the project is important for expanding international scientific cooperation, training young researchers, and developing recommendations to protect Kyrgyzstan’s natural heritage. Kyrgyzstan views the preservation of Issyk-Kul as part of the global climate and water agenda. In December 2025, the Cabinet of Ministers approved the Concept for the Sustainable Development of the Ecological and Economic System of Lake Issyk-Kul through 2030, along with an accompanying action plan. The initiative is aimed at protecting the lake and its surrounding biosphere from growing environmental and human pressures while supporting the region’s long-term economic resilience. Speaking at the World Governments Summit in Dubai in February 2026, Kyrgyzstan’s then Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, warned of the growing climate risks facing Issyk-Kul. According to Torobaev, the lake’s water level has fallen by nearly 14 meters since the mid-19th century, while its total volume has decreased by approximately 85 billion cubic meters. The number of rivers flowing into the lake has also declined significantly, largely due to glacier melt and increased agricultural water use. He warned that further declines in Issyk-Kul’s water level could have serious environmental and socioeconomic consequences, including threats to biodiversity, the lake’s tourism potential, and the well-being of local communities.

Passenger Bus Service Connects Tashkent and Lake Issyk-Kul

A seasonal passenger bus service connecting Uzbekistan’s capital, Tashkent, with Cholpon-Ata, the main resort city on the northern shore of Lake Issyk-Kul in Kyrgyzstan, has been launched, Uzbekistan’s Ministry of Transport has announced. The route, operated by Uzautotrans Service using Yutong buses, opened on June 8. The service will depart from Tashkent’s main bus station on even-numbered days in June. Return trips from Issyk-Kul to Tashkent will run on odd-numbered days. Tickets cost 365,000 Uzbekistani sum, or about $30. Lake Issyk-Kul is Kyrgyzstan’s premier tourism hub and is especially popular with visitors from Kazakhstan, Uzbekistan, and Russia. According to data from Kyrgyzstan’s Ministry of Economy and Commerce and the 2GIS mapping service, tourism activity in the Issyk-Kul region has tripled over the past six years. By the end of August 2025, which marked the close of the summer resort season, the volume of tourist services along the lake’s shores had tripled compared with 2019.

Kyrgyzstan’s New Investment Zone at Issyk-Kul Opens First Business Center

The Tamchy Special Financial Investment Territory (Tamchy SFIT), a newly established investment zone operating under its own legal framework, is opening its first business center on the shores of Lake Issyk-Kul. The zone also includes an independent international dispute-resolution center based on English common law. According to Kyrgyzstan’s Ministry of Economy and Commerce, the new facility will house the offices of the Tamchy zone’s management company, which is preparing to begin the territory’s operations. The company will be responsible for registering resident businesses and overseeing licensing, as well as managing infrastructure development within the zone. The 3,850-square-meter business center includes office and co-working spaces, multifunctional conference halls, and meeting rooms. A restaurant and café are also expected to open in the near future. Tamchy SFIT covers approximately 6,000 hectares along the northern shore of Lake Issyk-Kul. Companies registered in the zone will be able to operate under English common law, benefit from a zero-tax regime for 49 years, and freely repatriate 100% of their profits. By 2035, the authorities expect the investment territory to host more than 3,900 companies and create more than 10,000 jobs. The zone is intended to attract both domestic and foreign investment, improve Kyrgyzstan’s investment climate, and stimulate growth in key sectors, including manufacturing, tourism, wellness services, and transport infrastructure. “The Tamchy Special Financial Investment Territory has emerged at a time when international businesses are actively seeking new points of trust,” said Kyrgyz Justice Minister Ayaz Baetov, who chairs the territory’s Management Council. “The opening of this first business center marks the beginning of the territory’s operational life. We are building financial and logistical bridges between the markets of the CIS, Asia, the Middle East, Europe, and Africa, and today this bridge has its first address, where active preparations are already underway to welcome the first residents.” Ahead of the opening, the Management Council established the zone’s management company, approved its development strategy, and adopted the first package of regulatory documents governing operations within the territory. At the same time, the selection process is underway for the chairman and judges of the International Center for Dispute Resolution. The center will adjudicate investment-related disputes within the Tamchy zone under English common law, a legal system based on judicial precedent that is widely used in major global financial hubs such as London, Dubai, and Singapore. The dispute-resolution center is being established by Kyrgyzstan’s Ministry of Justice with support from the British Embassy in Bishkek. As previously reported by The Times of Central Asia, the initiative is part of Kyrgyzstan’s effort to create an English law-based legal framework designed to enhance investor confidence and align the country’s investment environment with international standards.

Kyrgyzstan Calls for Compensation Mechanisms to Maintain Regional Water Infrastructure

Kyrgyzstan is calling for compensation mechanisms with neighboring countries to help finance the maintenance of water infrastructure and glacier preservation. Officials warn that shrinking glaciers and declining precipitation already pose serious risks for Central Asia. The issue was raised by Erlist Akunbekov, Kyrgyzstan’s deputy chairman of the Cabinet of Ministers and minister of water resources, agriculture, and processing industry, during the opening of the Fourth High-Level International Conference on the International Decade for Action “Water for Sustainable Development,” 2018-2028, in Dushanbe on May 26. Akunbekov described the melting of glaciers as a regional challenge, not solely a national problem. “Without glaciers, there will be no water in the rivers, and without water in the rivers, there will be no life in the valleys,” he said. He presented Kyrgyzstan as a critical upstream supplier, saying it is the only country in Central Asia whose water resources are formed entirely within its own territory. On that basis, he called for mutually beneficial and equitable compensation mechanisms in the water and energy sectors. Kyrgyzstan uses only around 30% of its available water resources, while the majority is consumed downstream by neighboring countries, Akunbekov said. At the same time, the country bears substantial costs for maintaining reservoirs, hydraulic infrastructure, and glacier ecosystems that benefit the entire region. “However, we must frankly admit that today our country is not receiving adequate compensation for these efforts,” Akunbekov said. For decades, Kyrgyzstan has also incurred indirect economic losses because land has been used for reservoirs and infrastructure serving regional water needs, he said. “Maintaining hydraulic facilities and preserving glaciers in the mountains of Kyrgyzstan requires enormous expenditures,” he said. Akunbekov added that Kyrgyzstan allocated approximately $80 million to the water sector last year and around $259 million over the past five years. Despite those investments, the resources of a single country are insufficient to fully modernize the aging water infrastructure inherited from the Soviet era. “We need additional consolidated financing to build an effective and modern water management system for all countries in the region,” Akunbekov said, adding that the time has come to introduce compensation mechanisms that would allow upstream countries to maintain water infrastructure for the benefit of all Central Asia. Kyrgyzstan remains one of the principal sources of irrigation water for downstream Kazakhstan and Uzbekistan. Akunbekov also drew attention to environmental risks facing Lake Issyk-Kul, one of Kyrgyzstan’s most important natural landmarks and a a biosphere territory of regional significance. He noted that over the past decade, the number of rivers flowing into the lake has declined from 100 to 30. As previously reported by The Times of Central Asia, Kyrgyzstan has also proposed that international donors and development partners jointly develop and implement a comprehensive program to preserve Lake Issyk-Kul and address climate-related risks affecting the wider region.

Kazakhstan Ratifies Agreement to Modernize Four Resort Facilities on Issyk-Kul

Kazakh investors are set to modernize four resort facilities on Lake Issyk-Kul in Kyrgyzstan after the Senate ratified an intergovernmental agreement regulating property rights and project implementation, Senator Nuria Niyazova has said. On February 12, the upper house of Parliament approved the agreement between the governments of Kazakhstan and Kyrgyzstan on the settlement of Kazakhstan’s property rights to resort and recreational facilities in the Issyk-Kul region. The document had previously been endorsed by the Mazhilis. Under its terms, Kazakhstan undertakes to upgrade the facilities to the standards of three- and four-star hotels operating year-round by the end of 2029. Kyrgyzstan will lease land plots totaling 58.8 hectares to Kazakhstan for 49 years. The Kyrgyz side has guaranteed the inviolability of the facilities and committed not to initiate their seizure for state ownership. The largest project involves the reconstruction of the Kazakhstan sanatorium, overseen by the Presidential Administration of Kazakhstan. The facility is scheduled for commissioning in the fourth quarter of 2026. Plans include preserving the historic building known as Dacha No. 1 of Dinmukhamed Kunaev, who led the Kazakh SSR until 1986, as a house-museum. The Samal resort renovation is being carried out under a joint activity agreement between Satbayev University and a private investor. Initial data are being collected to prepare design and cost documentation, with construction scheduled to begin in the fourth quarter of 2026. Al-Farabi Kazakh National University is drafting technical specifications for the reconstruction of its sports and recreation camp. Once calculations are finalized, the project’s budget and projected payback period will be determined. According to the senator, alternative funding sources, including extrabudgetary funds, are being considered. The fourth facility, the Olymp Sports and Health Center, is being prepared by the Ministry of Tourism and Sports of Kazakhstan, which is developing design documentation and investment agreement parameters for the project. Following approval by both chambers of Parliament, the agreement will be submitted to President Kassym-Jomart Tokayev for signature. As previously reported by The Times of Central Asia, Kazakhstan and Kyrgyzstan have established a joint working group to explore a shorter road route from Almaty to Issyk-Kul, a project that could significantly reduce travel time between the two destinations.

Kyrgyzstan Draws International Attention to Climate Risks for Lake Issyk-Kul

Speaking at the World Governments Summit in Dubai on February 4, Bakyt Torobaev, Kyrgyzstan’s Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry, highlighted the growing threat climate change poses to Lake Issyk-Kul, the country’s largest lake, a unique ecological reserve, and one of Central Asia’s leading tourist destinations. Torobaev described Issyk-Kul as a unique ecosystem of regional significance and a vital socioeconomic and environmental resource for Kyrgyzstan. However, in recent decades, the lake has experienced serious climate-related pressures, according to the Ministry of Water Resources. Since the mid-19th century, the lake’s water level has dropped by nearly 14 meters, while its total volume has decreased by approximately 85 billion cubic meters. The number of rivers flowing into the lake has also significantly declined, largely due to melting glaciers and increased agricultural water use. Torobaev warned that further declines in Issyk-Kul’s water level could lead to severe environmental and socioeconomic consequences, including threats to biodiversity, the lake’s tourism potential, and the well-being of the local population. Kyrgyzstan, he said, sees the preservation of Issyk-Kul as part of the broader global climate and water agenda, calling for a shift from short-term measures to long-term, science-based, and investment-driven solutions. He urged the international community to strengthen partnerships in sustainable water resource management, integrate climate, water, and ecosystem approaches, and support joint initiatives aimed at preserving ecologically significant natural sites. In December 2025, Kyrgyzstan’s Cabinet of Ministers approved the Concept for the Sustainable Development of the Ecological and Economic System of Lake Issyk-Kul until 2030, along with a corresponding Action Plan. The initiative aims to safeguard the lake and its surrounding biosphere from mounting environmental and human pressures while enhancing long-term economic resilience in the region. Torobaev also addressed the broader issue of water scarcity, which is becoming an increasingly critical factor for regional stability, food security, and sustainable development in the context of climate change. As a mountainous country that serves as a key source of Central Asia’s rivers, Kyrgyzstan bears particular responsibility for the sustainability of the region’s water ecosystems, he said, and consistently advances the water agenda at international forums. Also on February 4, Torobaev participated in a Global Councils on SDGs meeting at the summit, where he proposed greater global attention to the challenges facing mountain regions. He said that mountain ecosystems are among the most vulnerable to climate change. Melting glaciers, shifting precipitation patterns, and more frequent extreme weather events pose long-term risks to water resources, agriculture, and energy security in Central Asia and beyond. Kyrgyzstan, he said, advocates for recognizing mountain regions as special zones for sustainable development and ensuring their prioritized access to climate finance, adaptation technologies, and environmental monitoring systems. According to Torobaev, the sustainability of mountain regions is directly linked to the water and food security of millions of people, underscoring the need for systemic and coordinated international responses.