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Chinese company to promote low-altitude economy and intelligent manufacturing in Kazakhstan

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

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Eurasia International Affairs KZ TKM UZB

Afghanistan increases trade with Central Asian countries

According to the Afghan Ministry of Industry and Commerce, during the past ten months of the current solar year (which began in March 2024), trade between Afghanistan and five Central Asian countries reached $1.696 billion, including $112 million of Afghan exports and $1.584 billion of imports, TOLOnews reported. Afghanistan exported to the Central Asian countries

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Business & Economy KZ

New World Bank report highlights importance of boosting revenues for lasting investments in Kazakhstan

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

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Geo Politics KZ

Digital Almaty 2025 forum held in Kazakhstan

From January 31 to February 1, Almaty hosted Digital Almaty 2025, a forum focused on artificial intelligence and its pivotal role in the new industrial era. Under the theme “Industrial AI: Technologies for a New Era,” participants explored AI integration in industry, finance, healthcare, education, and ESG, along with emerging opportunities for digital transformation. The forum was organized

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Eurasia International Affairs KZ TKM

Kazakhstan, Turkmenistan, Russia, Iran seek to increase transportation along North-South route

A two-day meeting of representatives of the Railways of the Islamic Republic of Iran, national railway company Kazakhstan Temir Zholy (KTZ), Russian Railways, and Turkmenistan’s railway company Turkmendemiryollary ended in Almaty on January 30.  According to KTZ, the meeting summed up the results of railway cargo transportation across the territory of Kazakhstan via the Bolashak

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Geo Politics KG KZ

Kazakhstan and Kyrgyzstan to expand trade and economic cooperation

On January 30 in Almaty, Kazakhstan Prime Minister Olzhas Bektenov held talks with the Chairman of the Cabinet of Ministers of the Kyrgyz Republic Adylbek Kasymaliyev to discuss cooperation in trade, economy, water, transport and logistics, energy, cultural and humanitarian spheres, and tourism. Bektenov noted that bilateral trade for the first 11 months of last

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Business & Economy KZ

Turkish company to build tomato greenhouse complex in Kazakhstan

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

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Geo Politics KZ

Kazakhstan Rare Earth Metals: A Global Partner

Rare earth metals (REM) are becoming one of the most valuable components of the global economy, playing a key role in the development of mechanical engineering, defense, aerospace, medical, and other industries, reads an article published by Al Jazeera. New oil According to Research Nester forecasts, in 2023-2035 the average annual growth rate of the

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Business & Economy KZ

Kazakhstan Railway Internet Access on Trains

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

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Business & Economy KZ

Kazakhstan planting artificial forests on dried bottom of Aral Sea

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,

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Business & Economy KZ

Kazakhstan’s IT services export exceeds $470 million

Kazakhstan’s IT services export surpasses $470 million According to Kazakhstan’s Minister of Digital Development, Innovation and Aerospace Industry, Zhaslan Madiyev, during the first 9 months of 2024, IT export of Kazakhstan amounted to $471 million, 26% more than for the same period of 2023. The goal is to reach $1 billion in 2026. Astana Hub

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Geo Politics KZ

New U.S. secretary of state speaks for repeal of Jackson-Vanik Amendment for Kazakhstan

U.S. Secretary of State Advocates for Kazakhstan Repeal The recent comments of Marco Rubio, the new U.S. Secretary of State under the Donald Trump administration, regarding the Jackson-Vanik Amendment, a law that imposes restrictions on trade with several countries in Central Asia, raise hopes that the new U.S. administration will take steps to repeal this

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Business & Economy KZ

Kazakhstan and China to open a multifunctional center in Astana

The Minister of Trade and Integration of Kazakhstan, Arman Shakkaliyev and Jiangsu SOHO Holdings Group Co. Ltd. from Jiangsu Province in east China have agreed on the establishment of a multifunctional center in the Kazakh capital, Astana, the Ministry of Trade and Integration reported. The new center will facilitate the development of Kazakh-Chinese trade and

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Geo Politics KZ

Kazakhstan citizen gets jail term for fighting with Russian military against Ukraine

The Satpayev City Court in Kazakhstan has sentenced a native of Kazakhstan’s Ulytau region to four and a half years in prison for his participation in the Russian-Ukrainian military conflict. The man served in Russian private military company Wagner, which fought in Ukraine on the side of the Russian Federation, Orda.kz reported. According to the

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Business & Economy KZ

Railway cargo transportation between Kazakhstan and China reaches all-time high

The Kazakh Ministry of Transport has reported that in 2024, the railway cargo transportation between Kazakhstan and China reached an all-time high of more than 32 million tons.   Kazakhstan’s rail exports to China increased by 1 million tons to 13.7 million tons. The main export items were iron and non-ferrous ore, ferrous and non-ferrous

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Geo Politics KZ

Kazakhstan and UK discuss strategic partnership

On January 16, Deputy Minister of Foreign Affairs of Kazakhstan Roman Vassilenko met with British Ambassador to Kazakhstan Kathy Leach. The parties reviewed the results of the two countries’ interaction in 2024, highlighting the meeting between President Kassym-Jomart Tokayev and Prime Minister Keir Starmer on the sidelines of COP29 in Baku. The discussion also focused

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Business & Economy Eurasia KG KZ TJK UZB

EBRD sets an investment record in Central Asia

The European Bank for Reconstruction and Development (EBRD) says it has set a new operational record in Central Asia by investing €2.26 billion through 121 projects in six regional economies last year – almost doubling its annual investment in Central Asia compared with 2023. It also mobilized €784 million from co-financiers, thus bringing more than

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Business & Economy KZ

High-tech drones to be produced in Kazakhstan

With the support of JSC Kazakh Invest, Yesil Technology Company will establish the production of industrial unmanned drones in Kazakhstan. The project involves the construction of an industrial and research area of 50,000 square meters. The zone will include a workshop for the production of batteries, a research center for innovative technologies, full-cycle machine storage, and

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Business & Economy KZ

Kazakhstan’s leap in education investment: a model for global progress

Most countries are coming to the understanding that the most promising investments for the future are investments in the education system. And those who rely on the creation of investment funds aimed at financing new educational institutions or educational programs always come out on top, reads the following article by Louis Theroux published by London Post.

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Geo Politics KG KZ

Kazakhstan and Kyrgyzstan strengthen strategic dialogue

The Minister of Foreign Affairs of the Kyrgyz Republic Zheenbek Kulubaev paid his first official visit to Astana on January 10. During the talks, Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu and Minister Kulubaev discussed priority areas of political, trade, economic, investment, water and energy, transit and transport, and cultural

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