The investment strategy and economic priorities of Kazakhstan were presented to the international business community at an exclusive panel session titled “Kazakhstan – Diplomacy & Trade: Middle Power Countries”, held on October 20-21 as part of the Future Resilience Forum 2025 in London. The Kazakh delegation was led by Alibek Kuantyrov, Deputy Minister of Foreign
According to the latest figures published by the National Statistical Committee of Kyrgyzstan, the country’s foreign trade continues to decline, with a decrease in both exports and imports. In January-August 2025, Kyrgyzstan’s foreign trade decreased by 9.1% compared to the same period in 2024, amounting to $9.8 billion. Exports fell by 23.7% to $1.7 billion
From September 1 to October 19, 2025, Kazakhstan exported 1.6 million tons of grain of this year’s harvest, a 14% increase compared to the same period last year (1.4 million tons), according to the Ministry of Agriculture. Kazakh grain is exported by rail transport. The largest growth in export volumes was to countries of Central
The Central Asia Capital investment fund and the Ministry of Digital Development and Innovative Technologies of Kyrgyzstan have signed a memorandum aimed at establishing the country’s first innovative technology hub, Central Asia Hub, a platform for the development of high technology and localization of production. According to Central Asia Capital, the new hub will span
As partnership among Turkic states actively strengthens, direct business communication is more important than ever. That is why the key sector event — the Central Asia Oil & Gas Forum — will take place on October 30-31 in Tashkent, initiated by GLENMAR. This is the only platform that unites the entire value chain: • Producers:
On October 21, President Shavkat Mirziyoyev chaired a videoconference to discuss the accelerated implementation of artificial intelligence technologies in public administration, economic sectors, and the country’s regions. “Today, humanity is confidently entering a new era of civilization – the era of artificial intelligence. Regardless of the field in which change occurs, those who show persistence,
On October 21, President Shavkat Mirziyoyev visited the IT Park in Mirzo Ulugbek district of the capital and took part in the groundbreaking ceremony for the construction of the project’s second phase. Two years ago, as part of the first phase, implemented through investments totaling $200 million, six office buildings ranging from 20 to 25
A plant producing hot briquetted iron (HBI) will be constructed in Rudny in Kazakhstan’s Kostanay region to become one of the largest next-generation metallurgy facilities in Central Asia and the first HBI plant in Kazakhstan. On October 20, Eurasian Resources Group (ERG), a global metals and mining company headquartered in Luxembourg, signed a contract with
On October 21-23, the largest event in Uzbekistan’s hospitality industry — “HoReCa Expo Uzbekistan 2025” — is taking place in Tashkent. The event is organized by the Tourism Committee and the Hoteliers Association of Uzbekistan. This specialized international exhibition brings together representatives from the hotel and restaurant sectors, equipment suppliers, technology providers, designers, architects, investors,
A new evaluation by the Asian Development Bank’s (ADB) Independent Evaluation Department (IED) calls for a strategic shift in ADB’s engagement in Kazakhstan. ADB should leverage its successful project-level investments and fully tap its diverse tools—lending modalities, knowledge work, capacity building, and policy dialogue—for an integrated approach that drives deeper engagement and tackles both urgent
The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to €5 million to the Global Export Company, one of the leading exporter of agricultural commodities in Uzbekistan, to support the company’s strategic shift from traditional commodity trading to processing operations that add value. The financing will contribute to Global
On October 16, President Shavkat Mirziyoyev reviewed proposals for new economic opportunities by using space monitoring. Today, the goal is to use space analysis to identify new opportunities that could provide a strong impetus to economic development. Hundreds of mineral deposits are auctioned annually in the country. Last year alone, 170 deposits were sold at
On October 16, a Government meeting discussed the implementation of the President’s instruction on streamlining the course of the economic reform program in the interests of citizens. The meeting adopted the following decisions.
The Asian Development Bank (ADB) and Indigo Tajikistan Closed Joint Stock Company (Tcell) have signed a $30 million equivalent local currency financing agreement to expand and modernize mobile connectivity in Tajikistan. The project marks ADB’s first nonsovereign loan in the country. “This project represents a significant milestone in our partnership with Tajikistan. It is a testament of
On October 15, President of Uzbekistan Shavkat Mirziyoyev held a meeting with the heads of leading Saudi Arabian companies. The event was attended by the Kingdom’s Minister of Investment Khalid Al-Falih, heads of prominent companies and corporations, including Acwa Power, Al Muhaidib Group, Vision Invest, Data Volt, Riyadh Cables, AlMajdiah, InterHealth, Saudi Tabreed, AlBawani Holding,
Deputy Prime Minister–Minister of National Economy Serik Zhumangarin presented Kazakhstan’s investment and economic potential to American businesses in Washington, D.C., during a roundtable of the U.S.–Kazakhstan Business Council (USKZBC) at the U.S. Chamber of Commerce. Zhumangarin noted that Kazakhstan and the United States maintain a high level of economic relations. More than 600 enterprises with
Despite being landlocked, Central Asia has turned into a key transit hub in Eurasia due to its strategic location at the heart of the vast continent and the implementation of major transport infrastructure projects. According to the Eurasian Development Bank (EDB), from 2020 to 2024 transit freight volumes through the Central Asian region increased by
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Uzbekistan in strengthening public sector efficiency, advancing economic governance, and accelerating the country’s integration into the global economy. The Economic Management Improvement Program (Phase 2) builds on earlier reform efforts and supports a new generation of institutional measures to improve
On October 13, President Shavkat Mirziyoyev reviewed measures aimed at digitalizing the water sector and improving the system of water resources’ management. The President ordered to accelerate the digitalization processes in the industry, fully automate accounting and reporting, improve the efficiency of local services, and expand the practice of public-private partnerships. Today, the country has
The 2025 irrigation season has ended in Kazakhstan. According to the Ministry of Water Resources and Irrigation, the agricultural sector used 11.01 billion m³ of water, with 98% of the total volume consumed in the country’s arid southern regions. During the irrigation season, the Almaty region used 1.6 billion m³ of water to irrigate 136,000
