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Business & Economy KZ

Chinese company to implement a solar project in Kazakhstan

On September 24, Chairman of the Management Board of JSC National Company Kazakh Invest Yerzhan Yelekeyev held a meeting with the Chairman of the Board of Directors of China Datang Corporation Ltd. Zou Lei, during which the parties discussed the implementation of the company’s investment project in Kazakhstan. Zou Lei informed the Kazakh side about the project’s progress for

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Business & Economy KG

UNDP assists Kyrgyz entrepreneurs in mastering E-commerce and entering international markets

More than 50 entrepreneurs from Kyrgyzstan are receiving a unique opportunity to learn about e-commerce through the “Janyration Sanarip” programme. This initiative, aimed at supporting micro, small, and medium-sized enterprises in the country, is being implemented through the efforts of the Government of the Kyrgyz Republic and the United Nations Development Programme (UNDP), UNDP Kyrgyzstan

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Business & Economy KZ

Kazakh foreign minister meets with American companies to strengthen economic cooperation

On September 23 in New York, Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu held a number of meetings with representatives of leading American companies to discuss the development of further long-term and mutually beneficial partnerships. During discussions with the leadership of PepsiCo, special attention was given to the development of

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Business & Economy TJK

Tajikistan to start winter power rationing earlier

Tajik officials have said that electricity rationing is being introduced a month earlier than usual this year, RFE/RL’s Tajik Service reported. Electricity rationing has turned into an annual routine in Tajikistan over the past three decades. It is usually introduced in late October or early November. But the Barqi Tojik state energy holding announced over the weekend

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Business & Economy UZB

AIIB to hold annual Board of Governors meeting in Uzbekistan

The Asian Infrastructure Investment Bank (AIIB) has announced the program for its Ninth Annual Meeting of the Board of Governors, to take place on September 25-26 in Samarkand, Uzbekistan. The AIIB is a multilateral development bank whose mission is financing infrastructure in Asia and beyond. The Bank began operations in Beijing in 2016 and has

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Business & Economy KZ

Kazakhstan and AIIB strengthen partnership

Ahead of the Asian Infrastructure Investment Bank’s (AIIB) Ninth Annual Meeting of the Board of Governors in Uzbekistan, AIIB and the Government of Kazakhstan have committed to expand and strengthen cooperation to promote sustainable infrastructure development in Kazakhstan. On September 19 in Astana, Nurlan Baibazarov, Deputy Prime Minister and Minister of National Economy of Kazakhstan, who also

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Business & Economy UZB

ADB program to boost financial development and inclusion in Uzbekistan

The Asian Development Bank (ADB) on 19 September approved a $300 million sector development program to support the Government of Uzbekistan’s efforts to expand access to finance for unbanked and underbanked microenterprises, fostering sustainable and inclusive growth in the country. “An inclusive and sustainable microfinance sector is essential to support micro and small businesses which

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Business & Economy KG

ADB approves financing to improve Issyk-Kul ring road in Kyrgyzstan

The Asian Development Bank (ADB) on 19 September said it has approved $109.5 million in financing to enhance the national road around the Issyk-Kul Lake, one of the most popular tourist destinations in the Kyrgyz Republic and a strategic location that connects to neighboring Central Asian countries. The Issyk-Kul Ring Road Improvement Project will construct

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Business & Economy Eurasia KZ

Two hundred container trains from China have passed through Kazakhstan’s Aktau port this year

Kazakhstan’s national railways company Kazakhstan Temir Zholy says that 200 container trains from China have passed through the Kazakh port of Aktau since the beginning of 2024, compared to 11 trains last year. The Aktau port is a transit hub on the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor. The TITR

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Business & Economy KG

EDB signs two agreements at 6th Kyrgyz-Russian Economic Forum

The Eurasian Development Bank (EDB) participated in the 6th Kyrgyz-Russian Economic Forum, held on 11–12 September in the Issyk-Kul region of Kyrgyzstan. At the forum, the EDB and the Russian-Kyrgyz Development Fund (RKDF) signed an agreement on investment projects and a memorandum on establishing a waste management system under a public-private partnership involving the EDB,

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