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
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
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
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
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
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
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
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
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
Uzbekistan is steadily developing its transport network, modernizing the road sector, and building new modern highways. With the support of the World Bank, the country has developed a project to build an alternative highway connecting the capital, Tashkent, and the city of Andijan. The commissioning of this 314-kilometer highway will reduce travel time between the
The World Bank’s latest economic update on Kazakhstan, “Funding the Future: Boosting Revenues for Lasting Investments,” presents a mixed outlook for the country’s economy, with a projected acceleration of growth from 4 percent in 2024 to 4.5-5 percent in 2025, driven by increased oil production and continued fiscal support. According to the report, growth is expected to
In 2024, Kyrgyzstan’s gross international reserves grew by $1,851,600,000 and reached $5,088,100,000, a 57.2% increase compared to 2023, Melis Turgunbaev, the Chairman of the National Bank of the Kyrgyz Republic (NBKR), wrote on his Facebook page. According to Turgunbaev, one of the key factors behind the increase in reserves was the rising price of gold,
On January 30, Tashkent hosted the Uzbek-French Business Forum, bringing together representatives from over 50 leading French companies, including AIRBUS, Experto Consulting, Iveco Group, MND, Roxalex, Suez, Société Générale, ALSTOM, Veolia Energy, EDF International Networks, Voltalia, and TotalEnergies. The Uzbek delegation was led by Deputy Minister of Investment, Industry, and Trade, Khurram Teshabayev, while the
Turkey’s Аlarko Holding and its Kazakhstan-registered subsidiary, LLP Alsera KZ, have signed an investment agreement with the Ministry of Agriculture of Kazakhstan for a project to construct a greenhouse complex in the city of Shymkent. According to Kazakh Invest, Kazakhstan’s national investment company, which supports the project, the Turkish company will invest $650 million to
On January 28, President Shavkat Mirziyoyev chaired a meeting on measures to develop the electricity sector for 2025-2035. Over the past eight years, electricity production in Uzbekistan has increased by 38 percent, reaching 81.5 billion kilowatt-hours. Thanks to expanded opportunities for the private sector, new generation capacities totaling 11.2 gigawatts have been created. As a
Uzbekistan’s Commitment to a Green Economy in 2025 On January 27, President Shavkat Mirziyoyev chaired a meeting on the draft State Program for the Year of Environmental Protection and Green Economy. Uzbekistan is transitioning to a green economy. Over the past three years, 16 large solar and wind power plants with a total capacity of
Tajikistan’s Low Average Salary in Central Asia Explained Tajikistan has the lowest average salary among Central Asian countries, according to the CIS Interstate Statistical Committee. In September last year, the average nominal monthly salary in Kazakhstan was $817.2, in Uzbekistan $437.8, and in Kyrgyzstan $411.2. In Tajikistan, it stood at $242.8. The CIS Interstate Statistical
Kazakhstan Railway Internet Access: Stay Connected on Trains Kazakhstan Temir Zholy (KTZ), the country’s national railway company, says it will launch a pilot project to provide Internet access on its trains starting from January 25. The new service will be introduced on the Astana-Almaty train, a very popular route among passengers. Internet connection will be
Kazakhstan’s Efforts in Planting Forests on Aral Sea In 2025 Kazakhstan will continue a large-scale project to restore the ecosystem on the dried bottom of the Aral Sea, the Ministry of Ecology and Natural Resources said. The project involves KATCO, a joint venture between the French state-owned company Orano and Kazakhstan’s national atomic company Kazatomprom,
Understanding Uzbekistan Investment Law Changes On January 23, the Senate (upper house) of the Oliy Majlis (Uzbek parliament) approved a new edition of the Law “On Investments and Investment Activities”. Developed jointly with experts from the World Bank and the International Finance Corporation, the document ensures that investment legislation complies with international standards, including the
