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Business & Economy KZ

Kazakhstan: 98.9% of population have access to drinking water supply

In 2024, 98.9% of all Kazakhstanis had access to centralized water supply services. Of them, 99.4% of urban and 97.8% of rural residents are provided with quality drinking water supply, according to the Ministry of Water Resources and Irrigation. In 2020, 93.8% of Kazakhstanis had access to drinking water supply, in 2021 – 95.6%, in

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Business & Economy UZB

Afghan delegation visits Uzbekistan

A high-ranking delegation of Afghanistan, led by Mullah Abdul Ghani Baradar, deputy prime minister for economic affairs, visited Uzbekistan late last week, TOLOnews reported. Mullah Baradar described the visit as productive, stating that during negotiations with Uzbek officials, agreements were reached on expanding trade, importing electricity, exporting Afghanistan’s agricultural products, developing transportation, and constructing a

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Business & Economy UZB

Uzbekistan to improve its energy efficiency

At a government meeting on February 19, President Shavkat Mirziyoyev listened to proposals for improving energy efficiency in Uzbekistan. In Uzbekistan, energy capacities are consistently increasing in line with the growing needs of the population and the economy. Last year, 50 billion cubic meters of natural gas and 81 billion kilowatt-hours of electricity were produced.  According

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Business & Economy KG

New railway to be built in Kyrgyzstan

A public-private partnership agreement on the “Trans-Eurasian Route” railway project was signed in Bishkek on February 19 between the National Investment Agency under the President of the Kyrgyz Republic, Kyrgyzstan’s national railway company Kyrgyz Temir Zholu, and US-based consortium All American Rail Group Global Infrastructure Partner LLC, the National Investment Agency announced. The project will

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Business & Economy KZ

Chinese company to implement large metallurgical project in Kazakhstan

The Ministry of Foreign Affairs of Kazakhstan on February 18 hosted the signing of an agreement for the implementation of an investment project for the production and deep processing of non-ferrous metals in Kazakhstan with China’s East Hope Group, a leading global manufacturer of non-ferrous metals, semiconductor technologies, and industrial innovations. The signing ceremony was

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Business & Economy UZB

Islamic Development Bank to finance Uzbekistan’s education, road infrastructure

The Islamic Development Bank (IsDB) and the Government of Uzbekistan have signed two agreements to enhance the country’s education and road infrastructure sectors. The signing took place on the sidelines of the Al-Ula Conference for Emerging Market Economies between IsDB Group Chairman, Dr. Muhammad Al Jasser, and Uzbekistan’s Deputy Prime Minister & Minister of Economy

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Business & Economy KZ

Kazakhstan to supply uranium to Swiss nuclear power plants

Kazakhstan’s national atomic company, Kazatomprom, has announced the signing of the first-ever contract with Switzerland-based Axpo Power AG, alongside Kernkraftwerk Leibstadt AG (KKL AG), for the supply of Kazakh natural uranium concentrates for the energy needs of Switzerland’s Beznau and Leibstadt nuclear power plants. Vladislav Baiguzhin, Chief Commercial Officer of Kazatomprom commented that the expansion

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Business & Economy KZ

Kazakhstan adopts water saving in agriculture

According to local executive bodies, in 2024 Kazakhstan introduced water-saving technologies on 158,000 hectares of agricultural land. Sprinkler irrigation systems were used on 56,000 hectares of farmland and drip irrigation systems on 44,000 hectares. President Kassym-Jomart Tokayev earlier criticized the slow progress in adopting water-saving practices, citing annual water losses of up to 40% in

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Business & Economy KG

Kyrgyzstan to modernize airport in Osh

Kyrgyzstan President Sadyr Japarov on February 14 laid the foundation stone for the construction of a new airport complex at the International Airport of Osh, the country’s second-largest city. According to the presidential press service, the new terminal will have more comfortable conditions for passengers, including a spacious hall, modern check-in areas, a food court,

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Business & Economy UZB

Uzbekistan-Kuwait business forum identifies new areas of cooperation

On February 15, prior to an official visit of Uzbekistan President Shavkat Mirziyoyev to Kuwait, an Uzbek-Kuwaiti business forum took place in Al-Kuwait, the capital of this country. The event was attended by leaders from ministries and agencies, industry associations, and representatives from over 100 major companies and financial institutions from both countries. The delegations

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Business & Economy KZ

Kazakhstan reports record-high housing construction in 2024

According to Kazakhstan’s Ministry of Industry and Construction, in 2024, a total of 18.96 million square meters of housing were built in Kazakhstan, a record figure since the country’s independence. This translated into 172,089 new homes (both individual houses and apartments). Of them, 39,064 were individual houses. The city of Shymkent, as well as the

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Business & Economy UZB

Construction of Great Silk Road technopark begins in Uzbekistan

Construction of the Great Silk Road industrial technopark has begun in cooperation with Chinese company Zhejiang Holley Global Industry Development on 227 hectares of land in the city of Almalyk. Around 100 enterprises will be located in the park, focusing on areas such as electrical engineering, textiles, building materials, and pharmaceuticals. Over 12,000 new jobs

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Business & Economy Eurasia KZ

Kazakhstan to build West-East hyper-highway for internet traffic

The Ministry of Digital Development, Innovation and Aerospace Industry of Kazakhstan and Freedom Telecom Holding Ltd. (Kazakhstan) have signed a memorandum of cooperation in the construction of a fiber-optic hyper-highway and data centers for the transit and storage of international internet traffic. The construction of the West-East national hyper-highway will significantly increase the volume of

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Business & Economy UZB

Uzbekistan launches new greening initiative

Uzbekistan plans to create a network of “Shaded Walking Streets” in 32 cities and districts across the country, the Ministry of Ecology, Environmental Protection and Climate Change announced. The initiative was proposed in a draft presidential decree, “On the State Program for the Implementation of Uzbekistan-2030 Strategy in the Year of Environmental Protection and Green

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Business & Economy KZ

Kazakhstan reports progress in restoration of North Aral Sea

According to the Ministry of Water Resources and Irrigation of Kazakhstan, 1 billion cubic meters of water were sent to the North Aral Sea from October 2024 to January 2025, 100 million cubic meters more than planned. Thanks to the agreements reached with neighboring Central Asian countries, a total of 1.6 billion cubic meters of

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Business & Economy UZB

Uzbekistan looks to developing nuclear energy

On February 10, Uzbekistan President Shavkat Mirziyoyev chaired a meeting on the current work in atomic energy and priority tasks for the future. It was said that Uzbekistan is utilizing all available energy sources to meet the growing energy demands of the population and the economy. In addition to traditional power generation, around 4 gigawatts

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Business & Economy KZ

First batch of Kazakhstan’s ammonium phosphate shipped along TITR

Batumi Sea Port LLC, a subsidiary of Kazakhstan’s KazTransOil JSC, has transshipped 3,000 tons of Kazakhstani ammonium phosphate for export, KazTransOil said. This marks the first-ever export of this mineral fertilizer through the port of Batumi (Georgia) via the Trans-Caspian International Transport Route (TITR). In 2025, Batumi Sea Port LLC plans to transship 50,000 tons

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Business & Economy UZB

Tashkent hosts first meeting of Uzbek-Mongolian Intergovernmental Commission

On February 7, Tashkent hosted a series of events aimed at enhancing Uzbek-Mongolian trade, economic, and investment cooperation. The agenda was preceded by a bilateral meeting between the heads of delegations from the two countries: Deputy Prime Minister Zhamshid Khodjaev representing Uzbekistan and Vice Prime Minister Sainbuyan Amarsaikhan, a member of the Great State Khural

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Business & Economy KZ UZB

Uzbekistan to provide 16 billion cubic meters of irrigation water to Kazakhstan

Kazakhstan will receive 16 billion cubic meters of water from Uzbekistan by October 1, 2025, 1 billion cubic meters more than during the previous water management year (October 2023 – October 2024). The agreement was reached on February 5 by Kazakhstan’s Minister of Water Resources and Irrigation Nurzhan Nurzhigitov and Uzbekistan’s Minister of Water Resources

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Business & Economy KZ

Chinese company to promote low-altitude economy and intelligent manufacturing in Kazakhstan

Kazakh Invest, Kazakhstan’s national investment company, and China’s Polyking New Horizons Technology Industry Co. Ltd have signed a memorandum of understanding to collaborate on projects in the field of low-altitude economy. Under the agreement, an industrial park is planned to be constructed in Kazakhstan, integrating drone technologies, smart cities, and intelligent manufacturing. The project will involve $200

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