The Asian Development Bank (ADB) has approved a $233.1 million loan to Uzbekistan to help modernize a critical segment of the Central Asia Regional Economic Cooperation (CAREC) Road Corridor 2. The project aims to improve regional connectivity, reduce travel time, and enhance road safety and climate resilience in western Uzbekistan. The CAREC Road Corridor 2 Resilience
Kazakhstan and China’s Xinjiang Uygur Autonomous Region have agreed to prepare a roadmap for the development of trade and economic cooperation with a focus on diversifying bilateral trade and increasing non-resource exports from Kazakhstan. The agreement was reached during the recent negotiations in Urumqi between Kazakh Minister of Trade and Integration Arman Shakkaliyev and the
On August 27, Kyrgyzstan President Sadyr Japarov took part in the official ceremony launching the underground gold mining project at the Kumtor mine. The head of state highlighted the importance of this project not only for strengthening the national economy but also for ensuring environmental sustainability. “The underground gold mining project is set to operate
As part of the official visit of King Abdullah II ibn Al Hussein of Jordan to Kazakhstan on August 27, Kazakhstan’s National Atomic Company Kazatomprom JSC and Jordan Uranium Mining Company (JUMCO) signed Heads of Agreement relating to the development of Central Jordan Uranium Project. According to Kazatomprom, the purpose of the Agreement is to
On August 26, the President of Tajikistan Emomali Rahmon inspected the construction work progress at the dam of the Rogun hydroelectric power plant, the country’s largest. The Rogun plant’s dam is the highest rock-and-sand dam in the world, with its upper level at an altitude of 1,300 meters and its lower level at an altitude
Ahead of the official visit of King Abdullah II bin Al-Hussein of Jordan to Kazakhstan, around 50 of the largest Jordanian companies arrived in the country. To expand bilateral cooperation and strengthen business ties, Kazakh Invest national company organized a series of expert sessions with representatives of the pharmaceutical, veterinary, and agrochemical industries. During the session with
Deputy Chairman of the Management Board of Kazakh Invest national company Madiyar Sultanbek held a meeting with a delegation from the private business and academic community of Peshawar Province (Pakistan), which arrived in Kazakhstan to discuss prospects for trade, economic, and investment cooperation. According to Kazakh Invest, the delegation included representatives of leading educational, consulting, and
A new ambitious player is emerging on the global textile industry map. Uzbekistan, long known as a supplier of high-quality cotton, is now rapidly transforming into a manufacturing hub for internationally renowned brands. This transformation is the outcome of a state policy aimed at industry modernization, attracting investments, and integrating into global supply chains. Dozens
In the first half of 2025, cargo transportation along the Trans-Caspian International Transport Route (TITR) reached 2.3 million tons, 7% more than in the same period in 2024, according to the Kazakh Ministry of Transport. The TITR, also known as the Middle Corridor, links China and Europe via Kazakhstan and the Caspian Sea. Over the
In recent months, the growth of real wages in Uzbekistan has been lower than in neighboring countries in the region, UPL.UZ reported with reference to the Central Bank of Uzbekistan. In the first three months of this year, the average growth of real wages in Central Asian countries reached 9.8%. At the same time, in
The incidence of cancer has increased in Kazakhstan. The trend has been observed in cities; in rural areas, the number of cancer cases is decreasing, Energyprom.kz reported. According to the Ministry of Health of Kazakhstan, last year, the incidence of cancer per 100 thousand people in cities was 239.2, compared to 230 a year earlier.
The President of Uzbekistan has reviewed a presentation of projects being implemented in New Tashkent. Construction of the new city began in 2023, and the first buildings have already been erected. To realize large-scale plans, 19,700 hectares of land have been allocated in Yuqorichirchiq and Urtachirchiq districts. The project concept was developed by the British
On August 20, Uzbekistan President Shavkat Mirziyoyev announced new initiatives aimed at supporting entrepreneurship in the country. First of all, the services sector will be actively developed as the most effective area for creating short-term and quick-paying jobs. A new program for the development of tourism is being launched. In the next three years, 5
Aranynektár Kft, the largest honey producer and exporter in Hungary, is considering the establishment of a joint honey production facility in Kazakhstan, according to Kazakh Invest national investment promotion company. A delegation of the Hungarian company, headed by its founder and CEO Ferenc Fulmer, visited Kazakhstan. Ulbosyn Sarybayeva, the foreign representative of Kazakh Invest in Hungary,
The Silk Road Electronics plant in Saran in Kazakhstan’s Karaganda region has begun production of TVs and washing machines under South Korea’s Samsung brand. The project is a result of joint efforts of the state, foreign investor, and private business. The new production will create new jobs, stimulate the development of related industries, attract investment,
Over 800,000 Kyrgyz people —including migrants, their families, returnees, and aspiring migrant workers—will be transforming remittances, the money sent home by migrant workers, into a powerful financial tool that provides life-changing opportunities thanks to the new partnership announced on August 18 by the International Fund for Agricultural Development (IFAD) and Kompanion Bank, one of the largest
The Afghan Ministry of Mines and Petroleum announced that the contract for the exploration and extraction of the Mes Aynak copper mine in Logar province has been extended for another 15 years, TOLOnews reported. This project was handed over to China’s MCC company 17 years ago, but significant progress in its extraction has yet to
Between August 15 and 18, a delegation of Uzbekistan headed by Minister of Investments, Industry and Trade Laziz Kudratov held negotiations in Tokyo and Osaka with the leadership of the Ministry of Economy, Trade and Industry of Japan (METI), the Japan Bank for International Cooperation (JBIC), the Japan International Cooperation Agency (JICA), as well as
In the first half of 2025, the production of gasoline and diesel fuel in Kazakhstan reached record high levels: 3.1 million and 3 million liters, respectively. Compared to the same period last year, gasoline production increased by 16.3% and diesel production by 16.9%, Energyprom.kz reported. In February this year, gasoline prices in Kazakhstan were released
China National Heavy Duty Truck Group (Sinotruk), a Chinese state-owned truck manufacturer, and Kazakhstan’s Saran Machinery have established a joint venture for the production of commercial and specialized vehicles in Kazakhstan. The founding agreement was signed on August 12 in attendance of Kazakhstan’s First Deputy Prime Minister Roman Sklyar. The new plant will be located
