Our People > Times of Central Asia

Laura Hamilton

Senior Editor

Laura Hamilton MA, is the former Director of the Collins Gallery at the University of Strathclyde. She first visited Kyrgyzstan in 2011 to research and curate a major exhibition of contemporary textiles and fashion. Since 2012, she has worked as an editor on over thirty translations of Central Asian novels and collections of short stories. In more recent years, her work has focused on editing translations of Kyrgyzstan's great epics -'Ak Moor', Saiykal', Janysh Baiysh', 'Oljobai and Kishimjan', 'Dariyka', 'Semetey' and 'Er Toshtuk' for The Institute of Kyrgyz Language and Literature, and the Kyrgyz-Turkish Manas University.

Articles

Business support small and medium businesses

Kazakhstan Set to Reimburse Businesses for Equipment Costs

The Ministry of Industry and Construction has announced that from mid-May, the government of Kazakhstan will reimburse small and medium enterprises (SMEs) for costs incurred in the purchase of industrial and technological equipment. The initiative is designed to help entrepreneurs modernize their technological equipment, increase productivity, and expand the range of their products. Arstanbek Sagiev, head of the business stimulation directorate at Kazakhstan’s Center for Industry and Export, QazIndustry JSC, commented that because the purchase of technological equipment accounts for the lion’s share of expenditure of any enterprise, the business community had long requested state support. Outlining the initiative, he reported, “From May 12, 2024, enterprises that manufacture products on the list of priority goods can apply for part reimbursement of costs associated with purchasing equipment. QazIndustry will reimburse up to 40 percent of funds spent on the purchase of technological equipment, but not more than 60 million tenge.” At least 30 percent of equipment currently used by Kazakh manufacturers is past its best and hence, has a negative impact on both productivity and the competitiveness of domestic producers. In the absence of funds to develop production, coupled with financial burdens imposed by costly loans, many small and medium businesses are forced to postpone updating and replacing essential equipment. According to QazIndustry the state’s new reimbursement initiative will prove one of the most effective means of stimulating enterprises to modernize their equipment and therefore, their production.

3 hours ago

Articles

Education Hungary Economic cooperation business and economy

Uzbekistan and Hungary Expand Economic Cooperation

On May 7, President of Uzbekistan Shavkat Mirziyoyev received the Minister of Foreign Affairs and Trade of Hungary, Peter Szijjártó at the 9th meeting of the Uzbek-Hungarian Intergovernmental Commission on Economic Cooperation in Taskent. Focus was placed on cooperation on projects in industry, pharmaceuticals, agriculture, fish farming, logistics, and real estate construction, with added emphasis on the importance of accelerating the launch of a special economic zone for projects conducted by Hungarian and European companies in the Tashkent region. Co-chaired by Peter Szijjártó and the Minister of Investment, Industry and Trade of Uzbekistan Laziz Kudratov, the meeting also addressed the further development of cooperation in investment, industrial, trade and economic, banking, cultural and humanitarian sectors. It was stated that over the past 5 years, Uzbek-Hungarian trade turnover has doubled and in the first quarter of 2024 alone, bilateral trade grew six-fold compared to the same period in 2023. Measures to increase bilateral trade include the launch of “Meet Uzbekistan” programs to promote Uzbek products in Budapest’s large retail chains, as well as the organization of roadshows for Uzbek manufacturers in Hungary’s largest cities. Both sides stressed the importance of diversifying transport routes, liberalizing permits for bilateral and transit transportation, resuming direct flights between Tashkent and Budapest, and organizing a logistics hub for Uzbek products in Hungary. Note was made of Hungarian companies’ implementation of projects worth almost $500 million in Uzbekistan, and thanks expressed for Hungary’s provision of a state scholarship ‘Stipendium Hungaricum’ which enables some 300 Uzbek students to study at its universities.

6 hours ago

Articles

Employment Gold Mining

Kumtor Gold Boosts Kyrgyzstan Economy

On May 7, Chairman of the Cabinet of Ministers of the Kyrgyz Republic Akylbek Japarov inspected the Kumtor gold mine in the permafrost zone of the Issyk-Kul region. Sitting 4,000 meters above sea level, the mine serves one of the world’s ten largest gold deposits and prior to being nationalized in 2021, was owned by Canadian company, Centerra Gold. The mine now has over 3,000 employees, 99.9% of whom are local specialists, and more than 800 specialist vehicles, machinery and equipment to ensure uninterrupted production. With reference to the significant developments to the site since nationalisation, the Prime Minister emphasized the importance of the state’s role in maintaining its efficient operation. Last year, the mine generated 17.2 billion soms (over $194 million) in taxes and social payments - equivalent to roughly one-third of Kyrgyzstan’s state budget. Japarov also inspected Kumtor’s underground gold mining project, which launched in February, will enable the further extraction of about 115 tons of gold. At Kumtor’s open-pit mine, it currently takes one ton of processed ore and over 40 tons of extracted waste rock to produce 5-7 grams of gold. Underground mining has the potential to double that yield with less damage to the environment than its open-pit equivalent. Further to the prime minister’s visit, it was reported that from 2026, mining will begin on ore waste stored at the Kumtor mine tailings and according to estimates, will produce an additional 120 tons of gold. In 2023, the Kumtor mine produced 13,567 tons of gold, with a total revenue of $848 million, and net profit of $302.5 million.

1 day ago

Articles

Environment Cultural Heritage public transport life and culture

Campaign to Save Bishkek’s Trolleybuses

A campaign has been launched to prevent plans by the municipality of Bishkek to replace its trolleybuses with electric buses. According to a statement issued by the Bishkek municipality, “the issue of transferring trolleybuses along with their contact network and traction substations to the cities of Osh, Kara-Balta and Tokmok for their further operation there, is under consideration”. A key objection raised by the Save Bishkek Trolleybus campaign is that since the five proposed electric bus routes will simply replicate the existing trolleybus routes, the city will lose its existing network of environmentally- friendly public transport that introduced in the Soviet era, has been operating for many decades. The Save Bishkek Trolleybus has now launched an online petition to preserve its favoured mode of transport. According to the group behind the new initiative, the reason for abandoning the trolleybus network relates to the fact that one of the conditions of funding by the Asian Development Bank for electric public transport in Bishkek , was the replacement of trolleybus depots with new depots and substations to recharge electric buses. Kadyrbek Atambayev, leader of the Social Democratic faction in Bishkek’s City Council, argues that Bishkek’s trolleybus system should be developed, not eliminated. Regarding cost, he emphasizes that electric buses are four times more expensive than trolleybuses. The price of 100-120 electric buses along with charging stations is $50 million, while in 2017, 52 trolleybuses were purchased for 7 million euros. He also drew attention to the fact that operating batteries during Bishkek's cold winters would increase energy consumption and reduce the efficiency of electric buses. In his opinion, the liquidation of the trolleybus system would mean not only the loss of a convenient and affordable mode of public transport, but also the loss of a significant part of Bishkek’s cultural heritage.

1 day ago

Articles

Agricultural export

Kazakhstan Suspends Sugar Exports Until August

To ensure an uninterrupted supply of sugar to residents during the summer season, Kazakhstan’s government has announced a temporary ban on its export of sugar to third countries until 31 August. The decision made on 6 May, will affect fellow members of the Eurasian Economic Union - Armenia, Belarus, Kyrgyzstan, and Russia - but will not impact international transit. Kazakhstan’s warehouses can store about 256 thousand tons of its own reserves and imported sugar, which is enough to meet half of the country’s annual requirement of 500-550 thousand tons. According to Deputy Minister of Agriculture Erbol Taszhurekov, current stocks of sugar and raw cane amount to 136 thousand tons. Combined with the quota of 120 thousand tons of imported Russian sugar, reserves will reach 256 thousand tons by 31 August. In addition, Kazakhstan has a duty-free import quota of 300 thousand tons of raw cane for processing until the end of 2024. The average monthly sugar consumption is 46 thousand tons, and in summer, reaches 60 thousand tons. Thus, explained the deputy minister, “the existing sugar reserves are more than enough to meet demand until the new harvest.” Kazakhstan also plans to negotiate with Russia to increase the quota of its supply of sugar by 100 thousand tons until the end of the year.

1 day ago