International Business Council (IBC) – Committee of tourism

IBC History

International Business Council (IBC) was established in December 2000 as an informal club of foreign investors. Since that time IBC has become a stable organization which brings together leading companies with both foreign and local capital, including the largest taxpayers representing almost all sectors of the Kyrgyz economy and well-known domestic brands, as well as prominent international organizations.

IBC Goals

  • Promoting the economic development of the Kyrgyz Republic
  • Improving the investment climate and business environment in Kyrgyzstan
  • Representing the opinion of business community in the Government, President’s Office, and Parliament.

    Аскар Сыдыков - Исполнительный директор МДС
    Askar Sydykov – Executive director of IBC

IBC Activities

Our committees work on the following issues: investment, mineral resources, fiscal policy, sustainable development and corporate social responsibility, intellectual property, human resources management.

IBC is a member of:

  • National Council for Sustainable Development of the Kyrgyz Republic;
  • Business Development and Investment Council under the Government of the Kyrgyz Republic;
  • Committee on Subsoil Use Licensing, State Agency for Geology and Mineral Resources under the Government of the Kyrgyz Republic;
  • Methodological Council on Fiscal Policy Coordination, Ministry of Economy of the Kyrgyz Republic
  • and various other commissions, councils and committees

IBC Products

  • Investment Now magazine, published twice a year
  • Monthly IBC Law Review
  • Monthly Tax Alert
  • Investor Survey, published twice a year
  • Monthly IBC Events newsletter
  • IBC Weekly News Digest
  • IBC website


Today IBC unites about 140 entities, which are the leading private companies from various sectors of the economy with a combined investment of over $1 billion USD in the Kyrgyz Republic. IBC members contribute to 1/3 of the country’s revenue and belong to the top 10 tax payers of the Kyrgyz Republic.

Individual entrepreneurs are essential to IBC’s lobbying activities that provide a platform, where business and government can directly interact and share their experiences in order to:

  • Expand the network;
  • Make long-term business connections;
  • Improve the knowledge of local business regulations.
Office 113-114,
Hyatt Regency Bishkek Hotel
191 Abdrakhmanov Str.
Bishkek, 720011
Kyrgyz Republic
Tel/Fax: +996 312 623394
Tel: +996 312 623679
Tel: +996 312 623801