• KGS/USD = 0.01181 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09411 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01181 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09411 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01181 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09411 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01181 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09411 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01181 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09411 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01181 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09411 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01181 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09411 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01181 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09411 0.11%
  • UZS/USD = 0.00008 0%

Viewing results 1 - 6 of 30

USAID Equips Mega Fruit Storage Facility in South Kyrgyzstan

The United States Agency for International Development (USAID) has helped Kyrgyzstan’s Nookat Almasy Cooperative open the largest cold storage facility in the Nookat district of the southern Osh region. Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic Bakyt Torobaev and USAID Mission Director in the Kyrgyz Republic Kaya Adams attended the facility’s opening ceremony. As reported by the U.S. Embassy in Kyrgyzstan, the new facility will generate 200 full-time jobs and assist local farmers in marketing and expanding sales of their produce. Thanks to cooling equipment worth $78,400 from USAID, the Nookat Almasy Cooperative’s new facility can now store locally grown apples and raspberries for up to four months. By extending their shelf life and enabling farmers to sell at a higher price when market conditions improve, the enhanced storage will help maintain market stability and ensure a reliable and consistent food supply throughout the year. Since 2018, the U.S. government has helped establish over 20 new cold storage facilities in southern Kyrgyzstan, more than doubling capacity to reach 12,500 tons, decreasing food spoilage by 40%, and creating income-generating activities for over 4,000 local farmers.  

SCO Summit in Astana: Correspondents from China Global Television Network, Times of Central Asia Discuss Upcoming Meeting

National leaders and other dignitaries from over 20 countries will be in the Kazakh capital of Astana this week for the annual summit of the Shanghai Cooperation Organization (SCO). The Times of Central Asia will be covering the SCO Summit live on 3 and 4 July from the city’s Palace of Peace and Reconciliation. The SCO is a political, security and economic alliance in the wider Eurasia region. This year’s Summit host Kazakhstan was a founding member of the Organization in 2001, alongside China and Russia, and its Central Asian neighbors Kyrgyzstan, Tajikistan and Uzbekistan. The last time the Summit was held in Astana, in 2017, India and Pakistan became full members. There are currently nine full member states, four observer states, and 14 dialogue partners, covering half of the world’s population, and almost a third of global GDP. This year's Summit will have significant implications for regional and global affairs. It is likely to produce initiatives aimed at reducing trade barriers, and promoting investments between SCO member states. High on the agenda will be the Belt and Road Initiative (BRI) – a crucial framework for enhancing connectivity and economic ties between China and its Central Asian partners. Other anticipated outcomes include new initiatives on climate change and sustainable development, as well as strengthened cultural and educational exchanges. Upon the initiative of Kazakhstan’s President Kassym-Jomart Tokayev, 2024 has been named the SCO “Year of Ecology”. Ahead of the Astana Summit, The Times of Central Asia’s senior editor Jonathan Campion spoke with an anchor from China Global Television Network, Mr Zhong Shi, about the role of the Shanghai Cooperation Organization plays in the Central Asia region. Their talk can be viewed in full in the videos below. In response to The Times of Central Asia’s question about what makes the SCO different from other alliances that the countries of Central Asia are aligned with, Mr Zhong explained that: “The SCO has been truly effective in combatting what we call the three enemies of all members, namely terrorism, extremism and separatism. There have been joint military drills conducted to enhance the coordination among armed forces”. Listen to Mr Zhong’s full response below: [video width="1920" height="1080" mp4="https://timesca.com/wp-content/uploads/2024/06/fullscreen-Zhong-Shi-answer-2-questions.mp4"][/video]   [video width="1920" height="1080" mp4="https://timesca.com/wp-content/uploads/2024/06/tw0-windows-Zhong-Shi-answer-2-questions.mp4"][/video] In turn, Mr Campion gave The Times of Central Asia’s perspective on the upcoming Summit. Asked about the impact that the Belt and Road Initiative has had on Central Asia, he replied: "Central Asia is evolving as a land bridge component to the Belt and Road Initiative linking China to the Caspian Sea. We’re seeing that investments in transport infrastructure are unlocking the region’s vast natural resources. With the world making a green transition, Kazakhstan stands out, as it has an abundance of critical materials – or green metals as they are known – that are used in the components of green technologies.” Listen to Mr Campion’s full response below: [video width="1920" height="1080" mp4="https://timesca.com/wp-content/uploads/2024/06/Jonathon-answer-Q2.mp4"][/video]   [video width="1920" height="1080" mp4="https://timesca.com/wp-content/uploads/2024/06/Jonathon-answer-Q3.mp4"][/video]  

ADB Funds Wastewater Management and Sustainable Tourism in Issyk-Kul, Kyrgyzstan

On June 24, the Asian Development Bank (ADB) announced its provision of $56 million to improve wastewater management and enhance sustainable and inclusive tourism in Kyrgyzstan’s Issyk-Kul region. The funding comprises a $25 million concessional loan and a $31 million Asian Development Fund (ADF) grant. The Issyk-Kul region, with its rich ecological and biological diversity and Issyk-Kul Lake, has long been a popular tourist destination, with some 80% of holidaymakers choosing to stay at the lakeside resort of Cholpon-Ata. However, due to its age, the town’s wastewater network currently serves just half of the permanent population and excludes almost a third of tourism facilities. To address the issue, ADB funds will be invested in a climate-resilient infrastructure including a wastewater treatment plant, pumping stations, and improved sewer infrastructure, serving Cholpon-Ata's  main resorts, guesthouses, residential and business sectors. In tandem with helping preserve the environment around the lake, the initiative will support local authorities in developing a climate-resilient tourism master plan for the area. The project will also boost the area's tourism infrastructure through the creation of a museum and information centre, improving and conserving the local archaeological heritage site, constructing bike trails and walking paths around the lake's shoreline, upgrading three public parks, and facilitating access to green spaces. ADB Director General for Central and West Asia Yevgeniy Zhukov commented: “Economic growth can be driven by low-carbon tourism built on sound environmental practices and climate-resilient infrastructure. ADB’s project addresses critical challenges faced by Cholpon-Ata’s tourism industry. By integrating environmental improvements and wastewater investments with tourism infrastructure, we are helping shift Kyrgyz Republic to a low-carbon growth trajectory.”    

USAID Supports Central Asian Women Working in Hospitality

The U.S. Agency for International Development (USAID) and the International Association of Businesswomen “Tadbirkor Ayol” last week hosted a Central Asian Conference on “Women of Central Asia in the Hospitality Business: Current Challenges and Opportunities”. The event in Tashkent attracted some 200 women entrepreneurs, professionals, and industry experts from Uzbekistan, Tajikistan, and Kyrgyzstan to discuss achievements, trends, and challenges in the region’s hospitality sector. As reported by the U.S. Embassy in Uzbekistan, the conference focused on service quality, digitalization, and modern standards in tourism, culminating in recommendations to enhance regional cooperation in tourism and hospitality. Praising the resilience and creativity of women in the hospitality industry and emphasizing their role in the sector’s future, Edward Michalski, USAID Deputy Mission Director in Uzbekistan, commented: “Investing in women and girls is essential to transforming communities. When women do better, families do better, communities do better, and countries do better.” Gulnora Makhmudova, Chairwoman of “Tadbirkor Ayol,” noted that the growing importance of the region’s hotel business and the increasing involvement of women, had spurred the association into launching “Women in the Hotel Business: Hospitality from the Future;” a project aimed to introduce innovation and digitalization in the hospitality sector. Since its launch in April 2024, with support from USAID, the project has provided training for 115 women in modern hotel management in Tashkent, Andijan, and Samarkand.  

Kyrgyzstan Seeks Investment in Energy

On June 10, The Kyrgyz Republic International Energy Investment Forum, organized by the Cabinet of Ministers of the Kyrgyz Republic with support from the World Bank Group and the Government of Austria, opened in Vienna. In his address to representatives of international financial organizations, delegations from Central Asian, European, and Middle East countries, and private investors, Chairman of the Cabinet of Ministers of the Kyrgyz Republic Akylbek Japarov emphasized the importance of discussions on the construction of Kambarata HPP-1 not only for Kyrgyzstan but also for the entire Central Asian region. Japarov then presented a paper on “Economic prospects and investment climate in the Kyrgyz Republic,” in which he stated, “In recent years, the economic growth of Kyrgyzstan has broken all records and demonstrated exceptionally sustainable development. The average GDP growth rate was 7%. And in the first quarter of 2024, the rate of economic growth accelerated to 8.8%.” Referencing the country’s “period of revival” in its energy sector, he continued, “Tariffs are being reviewed and better conditions provided in the form of benefits and preferences for investors. The implementation of more than 50 renewable energy projects has begun throughout the country. The state, on its own, has built and recently launched the Bala-Saruu hydroelectric power plant, which will provide electricity to the [country’s north-western] Talas region.” The head of the Cabinet of Ministers called on all international organizations to collaborate in implementing projects in the Kyrgyz energy sector especially the large-scale construction of Kambarata HPP-1 and stressed, “I am deeply convinced that through joint efforts the largest hydroelectric power plant in the region will be built and new horizons for green energy will open in the Central Asian region.” Japarov also touched upon Kyrgyzstan's tourist potential and with regard to winter sports, announced: “We are starting the construction of a Kyrgyz Courchevel. The French company S3V, one of the first operators of the world- famous resort of Courchevel, is implementing the Three Peaks ski cluster in Kyrgyzstan with plans for around 200 km of ski slopes. The resort will operate all year round and able to receive up to 850 thousand tourists annually, will become the largest in Central Asia. In addition, we are launching the construction of a resort near Bishkek with a 20-kilometer funicular, which will operate both winter and summer. In winter, it will provide a unique opportunity to ski within a 20-minute drive from the capital, Bishkek. All technical structures will be built by the Austrian company Doppel Maier.”    

U.S. Delivers Cutting-Edge Technology to Kyrgyzstan’s Renewable Energy Sector

The U.S. government – via the U.S. Agency for International Development (USAID) Power Central Asia activity – has delivered a Light Detection and Ranging unit to Kyrgyzstan’s Ministry of Energy. As reported by the U.S. Embassy in Kyrgyzstan, accurate wind measurements provided by the cutting-edge technology will prove invaluable in the development of the country’s renewable energy projects and do much to attract investment. At the handover ceremony, Minister of Energy Taalaibek Ibrayev commented that the Light Detection and Ranging equipment will not only enhance the effective use of renewable energy sources, but also improve financial forecasts and accelerate the introduction of wind farms and wind energy in Kyrgyzstan. To support the initiative, the USAID Power Central Asia activity has trained local technical staff in the use of the wind measurement equipment. USAID/Kyrgyz Republic Mission Director, Kaya Adams, stated: “The Kyrgyz Republic can ensure that all future wind projects will be both strategically located and implemented with the highest precision for maximum efficiency.  This efficiency is crucial for making informed investment decisions that will sustainably shape the country’s energy future.” The USAID Power Central Asia activity is a five-year, regional energy initiative to improve the performance of Central Asia’s energy sectors by introducing more competitive means of producing clean energy, boosting energy security and resiliency through greater regional connectivity, and expanding cross-border electricity trade. Since the inception of Power Central Asia in 2020, USAID has leveraged $2.2 billion in clean energy investments and facilitated the installation of 2,241 Megawatts of clean energy capacity across the regions.