Generalizes on the best strategy to enter the market, e.g., visiting the country; importance of relationships to finding a good partner; use of agents.
While the Investment Promotion and Protection Agency under the Government of the Kyrgyz Republic was created to guide foreign investors through the business registration process, the most proven strategy for market entry remains the establishment of a joint-stock venture with a local partner who knows the system.
Many U.S. firms also avail themselves of the services of local distributors and franchisees. That notwithstanding, U.S. companies have had success opening regional offices without local investment.
For most large-scale investments, a visit to the country and meetings with appropriate public officials are generally necessary. Reliable partners can be found, and there are several highly qualified consulting services meeting western standards available to U.S. businesses in the country, including the following:
American Chamber of Commerce
Ms. Zarina Chekirbaeva, Executive Director
Hyatt Regency Bishkek, Room no. 123
191 Sovietskaya Street
Bishkek 720011, Kyrgyz Republic
Phone: +996 (312) 68 09 07
Fax: +996 (312) 68 11 72