• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10787 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10787 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10787 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10787 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10787 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10787 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10787 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10787 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 13 - 18 of 3331

Iran’s Solico Group to Build Major Cheese Plant in Kazakhstan

Iranian food conglomerate Solico Group will build a large cheese production plant in Kazakhstan’s Almaty region, marking a major step in the country’s efforts to expand value-added agricultural processing. Kazakhstan's Agriculture Minister Aidarbek Saparov and Solico Group President Gholam Ali Soleimani signed the investment agreement for the project, which will focus on deep milk processing and industrial-scale cheese production. The plant will have an annual production capacity of 155,000 tons of cheese, with total investment estimated at 35.2 billion tenge, or roughly $70 million, according to Kazakhstan’s Ministry of Agriculture. Construction work has already begun at the site in the Almaty region, and the plant is expected to be completed and commissioned in 2029. Saparov said attracting strategic investors into agricultural processing remains one of Kazakhstan’s key economic priorities. “President Kassym-Jomart Tokayev has tasked the government with increasing the share of processed agricultural products and developing industries with higher added value,” Saparov said. “Kazakhstan’s dairy sector has significant growth potential. In 2025, domestic production of cheese and cottage cheese increased by 13.1%. This project will significantly expand the country’s processing capacity and create a guaranteed market for local milk producers.” He added that the government was ready to provide comprehensive support for investors in priority sectors of the economy. Soleimani described Kazakhstan as a promising regional hub for food production and said the company was considering additional investments beyond the cheese factory. “We view Kazakhstan not just as a site for a single project, but as a long-term strategic partner. The country has strong agricultural potential, a favorable geographic location, and an attractive investment climate. Alongside the cheese plant, we are also exploring projects in potato processing and baby food production.” The agreement includes a broad package of state incentives, including the provision of engineering infrastructure for the production site. Under the terms of the agreement, Solico Group will create at least 400 permanent jobs, provide training for Kazakhstani specialists, and transfer modern industrial technologies and expertise. The company also plans to allocate about 50 million tenge annually from 2028 to 2038 for social initiatives and support for local communities in the Almaty region. The agreement adds to a series of recent Kazakhstan-Iran trade initiatives. As previously reported by The Times of Central Asia, Astana and Tehran said late last year that they aimed to triple bilateral trade to $1 billion in the coming years. Although some joint Kazakhstan-Iran projects were frozen earlier this year because of military conflict in Iran, economic cooperation appears to be recovering. In May 2026, Kazakhstani vegetable oil producers opened a new export route to Iran via the Caspian Sea.

Amanat Adilet Merger as Kazakhstan Prepares for New Parliament

Kazakhstan’s long-dominant Amanat party has voted to merge into the newly formed pro-presidential Adilet party, transferring the machinery of the country’s ruling political force into a new vehicle more closely associated with President Kassym-Jomart Tokayev. The move gives Adilet the campaign infrastructure and nationwide network of officials and activists that it lacked as a newly registered party. For Amanat, it offers a way to move beyond a political brand still closely associated with former President Nursultan Nazarbayev. Amanat held a congress in Astana on June 12 that is likely to be remembered as the final meeting of a political organization whose history spans a quarter of a century. For most of that period, the party was known as Nur Otan, the ruling party built around Nazarbayev and chaired by him for much of its existence. The rebrand followed the chaos of January 2022, officially referred to in Kazakhstan as the January Events, when protests triggered by fuel price rises grew into the most serious political crisis in the country’s post-Soviet history. The violence weakened Nazarbayev’s remaining influence and accelerated Tokayev’s effort to distance the political system from the Nazarbayev era. It also made Nur Otan’s association with the former president a political liability. Tokayev took over Nur Otan from Nazarbayev in January 2022. Two months later, the party was renamed Amanat. Tokayev stepped down from the party leadership in April, after Kazakhstan amended its legislation to prohibit the president from being a member of any political party. Since then, Amanat has been led by Yerlan Koshanov, an experienced official and Tokayev ally. At the congress, Koshanov acknowledged that the 2022 name change had failed to remove the party’s association with the previous political era. “Let us be frank,” he said. “Certain associations and assessments related to the party’s past still remain in public consciousness.” Amanat remains politically useful: it has the organization needed to contest elections. But its connection to Nazarbayev’s era sits uneasily with Tokayev’s attempts to present his presidency as a break with the old system. Koshanov told delegates that the country needed “new points of unity” rather than new divisions, and said Amanat should combine its resources with Adilet as part of a single pro-presidential force. Delegates unanimously approved the decision to join Adilet. New Kid On The Block Adilet, meaning “justice,” is a very new party. As previously reported by The Times of Central Asia, it held its founding congress on May 7 and was officially registered by Kazakhstan’s Ministry of Justice on June 1. Its chairman is Aibek Dadebay, a former head of Tokayev’s presidential administration. The party presents itself as a pro-presidential force built around the language of responsibility and reform. On June 14, Adilet held its second congress. Party leader Aibek Dadebay, addressing participants, proposed voting in favor of Amanat joining Adilet, describing it as a decision based on national responsibility and broader state interests rather than narrow party calculations. Delegates approved the merger, confirming that Adilet is less the creation of an...

Kazakhstan Registers Five New Gold Deposits as Jewelers Seek Raw Materials

Citing World Gold Council data, Azamat Panbayev, chairman of the Industrial Committee at Kazakhstan’s Ministry of Industry and Construction, said Kazakhstan ranked 14th globally in gold production last year. He was speaking at the VII Forum of Gold Producers of Kazakhstan  held as part of the international Astana Mining & Metallurgy Congress 2026. “The gold mining industry remains one of the strategically important sectors of industry and makes a significant contribution to the country’s economic development,” Panbayev said. “Kazakhstan has a substantial mineral resource base: 374 gold deposits with total reserves of 2,369 tons are currently listed on the state balance sheet. Last year alone, five new deposits with reserves of around 98 tons of gold were added to the state register.” According to the Ministry of Industry and Construction, Kazakhstan produced 71.2 tons of refined gold in 2025, while investment in precious metals production reached $202.6 million, up 38% from the previous year. Gold refining in Kazakhstan is carried out by Tau-Ken Altyn LLP, the country’s only specialized state refinery and a subsidiary of National Mining Company Tau-Ken Samruk JSC. The Astana-based plant purchases doré, a semi-refined alloy containing gold and silver, from gold mining companies and sells gold refined to 99.99% purity. However, only 5% of the raw materials purchased by jewelers in Kazakhstan come from the Astana refinery, said Kanat Baitov, executive director of the Dragnet Association. He estimated that more than 50% of the industry’s raw materials market remains in the shadow economy. “We mine 70 tons of gold every year. If even 20 tons, or at least 5 tons, of that were used for jewelry production, the industry would have real potential,” Baitov said. Kazakhstan has introduced a VAT exemption for jewelers purchasing granulated gold from the state refinery, according to Baitov. “They are ready to supply not only granulated gold but, over time, if volumes increase, they are also prepared to supply alloys to the domestic market and could produce ready-made assay standards for jewelers,” he said, referring to Tau-Ken Altyn. He noted that jewelers would only be able to benefit from the new tax incentives for purchasing raw materials from the state plant if they increased procurement volumes. Currently, by his estimate, purchases do not exceed 30 kilograms per year. He added that such practices could eventually raise questions from the state regarding the origin of the raw materials used by jewelers in Kazakhstan. Zhaniya Dabyr, co-owner of the jewelry company Kazakhyuvelir, said the industry faces several challenges. These include high raw material costs, limited access to financing, the shadow market, insufficient government support, weak promotion in foreign markets, and limited tax incentives. “We propose expanding the mechanism for selling gold to domestic manufacturers and introducing a more flexible system of installment payments, fixing the gold price on the purchase date, as well as considering discounts for domestic producers and additional preferences for export-oriented companies,” Dabyr said. Kazakhyuvelir also proposed creating a digital accounting system for the jewelry market that would cover manufacturers...

U.S.-Iran Framework Could Reopen Central Asia’s Southern Route

The United States and Iran said on June 15 that they had reached a framework to end their war, halt the U.S. naval blockade of Iranian ports, and reopen the Strait of Hormuz. The sides said a memorandum of understanding could be signed on June 19 in Switzerland. The exact terms were not immediately known, with Iran’s nuclear program and sanctions relief left for later talks. Pakistani Prime Minister Shehbaz Sharif said the pact called for “the immediate and permanent termination of military operations on all fronts, including in Lebanon.” Trump posted, on Truth Social, “Ships of the World, start your engines. Let the oil flow!” Brent crude fell by more than 4% in early trading, and Asian stock markets advanced. Reuters later said shippers remained cautious after one LNG tanker passed through Hormuz on June 15. A reopened strait would not restore normal traffic immediately, with freight flows depending on mine clearance, insurance rules, port inspections, and shipping guidance for vessels entering the area. Kazakhstan was the first Central Asian state to publicly welcome the latest announcement. President Kassym-Jomart Tokayev praised the political will of the parties, saying they had helped “restore trust and mutually acceptable solutions.” Azerbaijan also issued a supporting statement praising Pakistan’s mediation and saying further talks could support “lasting peace and stability.” Central Asian governments had previously welcomed the U.S.-Iran ceasefire in April, with Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan calling for de-escalation and diplomacy. For Central Asia, oil prices are only part of the story. The larger question is whether de-escalation can reopen practical access to southern trade routes, ports, and markets beyond the Caspian. Since Russia’s full-scale invasion of Ukraine in 2022, the region has paid closer attention to alternatives to routes through Russia. Iran offers one of its shortest paths to the Gulf, the Indian Ocean, Türkiye, and India. But sanctions, banking risk, war insurance, and U.S. policy shifts have kept that path fragile. Chabahar is the clearest example. In May 2024, India signed a 10-year contract with Iran to develop and operate the port on the Gulf of Oman. India’s shipping minister, Sarbananda Sonowal, called Chabahar “a vital trade artery connecting India with Afghanistan and Central Asian Countries.” The port allows Indian cargo to reach Afghanistan and Central Asia without crossing Pakistan, and gives Central Asian exporters another route toward India and the Indian Ocean. The sanctions picture remains uncertain. On October 30, 2025, Washington granted India a six-month waiver that allowed operations at Chabahar to continue. No public replacement had been announced by June 15. The new framework could make another waiver easier to justify, but banks and insurers will wait for signed text, U.S. guidance, and proof that Hormuz and Iranian ports are safe. Reuters cited a senior Iranian official who said the draft framework included no new U.S. sanctions before a final deal, a temporary oil sanctions waiver, and the release of $25 billion in frozen Iranian assets. The same source said Iran would refrain from further enrichment and...

Kazakh Robotics Team Wins Top Judged Award at U.S. Tech Event

SHYMKENT — A school robotics team from southern Kazakhstan has won the Inspire Award in its division at a FIRST Tech Challenge Premier Event in the United States, giving Kazakhstan another international youth technology success. Atomic Heart, Team #33680 from NIS Shymkent Abai, won the Inspire Award at the Run for the Robots Premier Event - Man o' War Division, held May 28-30 at the Alltech Arena at the Kentucky Horse Park in Lexington, Kentucky. FIRST's official results list Atomic Heart as the division's Inspire Award winner, ahead of U.S. teams from Missouri and Pennsylvania. [video width="832" height="464" mp4="https://timesca.com/wp-content/uploads/2026/06/first_13_seconds_no_watermark.mp4"][/video] The Inspire Award is a judged prize rather than a match result. It recognizes a team that performs strongly across robot design, engineering documentation, presentation, outreach, and teamwork. For Atomic Heart, the result was notable because FIRST lists the team as a 2025 rookie team. "The first INSPIRE on Premier Event in KZ history," Asylbek Myrzakhmet, founder of Asylbek Robotics, said, describing the scale of the result for Kazakhstan's robotics community. Atomic Heart's route to Kentucky followed a difficult first season. The team competed in official events in Kazakhstan before reaching the U.S. event. Its early tournaments included technical failures and defeats, but those setbacks helped the students improve their robot and engineering process before the Premier Event. [caption id="attachment_50379" align="aligncenter" width="1774"] The robot ATOM[/caption] The competition also required the students to present their work in English to international judges, adding a public-speaking and project-defense challenge to the engineering task. Team member Alisultan Otan said the trip to Kentucky also brought an unexpected cultural connection. "When we arrived in Kentucky, I was surprised by how strong the horse culture is here," he said. "It immediately reminded me of Kazakhstan, where the horse is an integral part of our history and lifestyle. Despite the distance, it made us feel deeply connected to the place." FIRST Tech Challenge is a youth robotics program for students aged 12-18, in which teams design, build, and program robots for an annual game. FIRST says the program combines engineering, STEM skills, community outreach, and teamwork. Kazakhstan has placed growing emphasis on technical and digital skills in schools, including reforms focused on vocational education and digital technologies. Atomic Heart's result points to the value of school-level robotics programs that give students early exposure to engineering, programming, and international competition.

Pannier and Hillard’s Spotlight on Central Asia: New Episode Coming Soon

As Managing Editor of The Times of Central Asia, I’m delighted that, in partnership with the Oxus Society for Central Asian Affairs, from October 19, we are the home of the Spotlight on Central Asia podcast. Chaired by seasoned broadcasters Bruce Pannier of RFE/RL’s long-running Majlis podcast and Michael Hillard of The Red Line, each fortnightly instalment will take you on a deep dive into the latest news, developments, security issues, and social trends across an increasingly pivotal region. This week, the team will be discussing the latest report on Foreign Information Manipulation and Interference with special guest Samuel Doveri-Vesterbye, Director of the European Neighborhood Council.