Participants in the first Academy for Women Entrepreneurs (AWE) program in Turkmenistan pitched their business ideas to a panel of business experts in Ashgabat. The event on June 8 marked the conclusion of the AWE program, launched in March this year and implemented in Turkmenistan by the U.S. Embassy in partnership with the country’s Union of
Gabidulla Ospankulov, Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, met with Seung-Chan Jung, the Managing Director of Samsung C&T Corporation in Turkey and Central and Eastern Europe. During the meeting, the parties discussed the company’s plans for cooperation in construction and modernization of energy facilities in Kazakhstan and in renewable energy
The European Bank for Reconstruction and Development (EBRD) on June 11 said it is pledging new funds to boost the efficiency of electricity supply in the Kyrgyz Republic by providing a financial package of up to €14 million to the government to be on-lent to the National Electric Grid of the Kyrgyz Republic, a majority state-owned electricity transmission
On June 10, a meeting of the National Development Council was held under the chairmanship of the President of Tajikistan Emomali Rahmon. The meeting evaluated the interim implementation of the National Development Strategy of Tajikistan for the period until 2030, identified further development priorities, and attracted the attention of development partners to increasing funds for
Long-term contracts for Russian natural gas supplies to Kyrgyzstan have been signed between Gazprom Export and Gazprom Kyrgyzstan. Long-term contracts for gas supplies have also been concluded between Gazprom Kyrgyzstan and two large gas consumers in Kyrgyzstan — Electric Stations and the Bishkekteploenergo municipal heating enterprise. Gazprom Kyrgyzstan is a wholly-owned subsidiary of Russian gas giant Gazprom
The Eurasian Development Bank (EDB) says it is preparing a concept for the Eurasian Transport Network aimed at enhancing connectivity across Eurasia and stimulating economic development, trade and mobility in the region. The Eurasian Transport Network is a system of international transport corridors and routes spanning over 50,000 kilometres. In 2023, five key corridors –
The United Nations Development Programme (UNDP) in Kyrgyzstan, in collaboration with the JIA Business Association, is launching a mentoring programme for women entrepreneurs and youth. The programme is part of the UNDP project “Aid for Trade in Central Asia”, funded by the government of Finland, and aimed at supporting the development of value chains of natural honey,
On June 3 in Astana, Chairman of the Board of the national company Kazakh Invest Yerzhan Yelekeyev held a meeting with executives of Singaporean companies. The delegation visited Kazakhstan following the results of the forum held in Singapore with the participation of Kazakhstan’s president in May. During the meeting, the parties discussed prospects for further investment cooperation
On June 3, Prime Minister of Kazakhstan Olzhas Bektenov and Chairman of the Board of Directors of China Nonferrous Metal Mining Co. Ltd. Xi Zhengping discussed cooperation in the copper industry. The result of the meeting was the signing of an agreement on the construction of a smelter with a capacity of 300 thousand tons
On May 30 in Rome, Minister of Foreign Affairs of Kazakhstan Murat Nurtleu held a series of meetings with the heads of major Italian companies interested in the development of investment, trade and economic cooperation with Kazakhstan. At the meeting with Stefan Pontecorvo, President of the transnational company Leonardo, the parties addressed the possibilities of
