• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10834 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10834 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10834 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10834 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10834 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10834 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10834 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10834 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
10 December 2025

Chinese Investors Build New Agriculture Plants in Kazakhstan

On September 25, Chinese investors launched two major agro-industrial projects in Kazakhstan’s Zhambyl region.

FM World Agricultural Machinery, a Chinese company, began construction of an agricultural machinery assembly plant in the industrial zone of Taraz, the regional capital. The facility is expected to produce up to 2,000 units of equipment annually, including eight types of tractors, rice and cotton harvesters, trailed implements, and seeders.

On the same day, Zhongkai Guoyuan (Anhui) Industrial Investment Co. broke ground on a sugar plant with a $200 million investment in the Zhambyl region. The facility will process up to 1 million tons of sugar beets per year, producing between 80,000 and 130,000 tons of sugar. The output is expected to fully meet Kazakhstan’s domestic demand and support exports to Kyrgyzstan, Uzbekistan, Tajikistan, Russia, and China.

Another project in the region involves Hualing Group Co. Ltd., which plans to build an irrigation systems plant with an annual capacity of 200 sprinklers.

Agriculture has become a key focus in Kazakhstan–China economic cooperation. Speaking at the 8th meeting of the Kazakh–Chinese Business Council in Beijing on September 2, President Kassym-Jomart Tokayev highlighted Kazakhstan’s interest in joint agricultural processing and invited Chinese investors to support the production of organic and high-quality livestock products.

EBRD Projects Central Asia Economies 2025 Growth at 6.1%

The European Bank for Reconstruction and Development (EBRD) projects that the economies of Kazakhstan, the Kyrgyz Republic, Mongolia, Tajikistan, Turkmenistan, and Uzbekistan will grow by an average of 6.1% in 2025.

According to the EBRD, the region’s momentum is being driven by strong industrial output, robust domestic demand, higher investment, rising wages, and continued remittance inflows. In 2026, growth is expected to remain positive but moderate to 5.2%. The report warns, however, that volatility in commodity prices, reliance on remittances, and dependence on Russian and Chinese markets pose ongoing risks to stability.

Kazakhstan, Central Asia’s largest economy, is forecast to expand by 5.7% in 2025. Growth has been fueled by increased oil production at the Tengiz field, which boosted industrial activity and wholesale trade. The construction sector grew by 18.4% in the first half of the year, reflecting large infrastructure projects and residential development. Even so, the EBRD cautions that over-reliance on Russian transit routes and global commodity fluctuations could slow growth to 4.5% in 2026.

The Kyrgyz Republic is projected to remain one of the region’s fastest-growing economies, with GDP expected to rise by 9.0% in 2025. The economy expanded by 11.4% in the first half of the year, supported by strong public investment, remittance inflows, and rising wages. Manufacturing, trade, and construction are key drivers, while tourism is growing through new investments. Growth is forecast to ease to 6.0% in 2026 but is expected to remain resilient unless remittance flows decline.

Mongolia’s economy is expected to grow by 5.8% in 2025. A 35.6% rebound in agriculture after two difficult years helped offset slower mining activity and weaker coal prices, while copper production increased.

Tajikistan’s economy grew by 8.1% in the first half of 2025, driven by trade, agriculture, transport, and a doubling of mining output. Remittances rose by 64%, and sharp wage growth boosted household consumption. The EBRD forecasts GDP growth of 7.5% in 2025, moderating to 5.7% in 2026. Continued support from international institutions such as the World Bank and IMF is expected to sustain growth, although reliance on remittances remains a structural vulnerability.

Turkmenistan is projected to grow by 6.3% in both 2025 and 2026, supported by trade, transport, services, and construction. Official data show capital investment up 15.6% year on year.

Uzbekistan’s economy is expected to expand by 6.7% in 2025, backed by strong domestic demand, rising wages, and a 28.7% increase in remittances. Services grew by more than 8%, while industrial output was buoyed by high gold prices and stronger manufacturing in food and metals. Growth is projected to ease slightly to 6.0% in 2026 but will remain supported by diversified manufacturing and stable foreign investment.

Uzbekistan and Ukraine Pledge to Strengthen Ties During UN Assembly Meeting

Uzbekistan’s Foreign Minister Bakhtiyor Saidov met with his Ukrainian counterpart Andrii Sybiha on the sidelines of the UN General Assembly, Saidov announced via his official Telegram channel.

According to Saidov, the ministers discussed a broad range of issues, including trade, investment, education, cultural exchange, and multilateral cooperation within international organizations. “Our meeting reaffirmed the mutual commitment of Uzbekistan and Ukraine to deepen dialogue, strengthen partnership, and explore new opportunities that will benefit our peoples,” Saidov wrote.

Sybiha also confirmed the outcome of the talks on X, stating: “I was sincerely glad to meet with Bakhtiyor Saidov at UNGA. We agreed to resume political dialogue and enhance bilateral and multilateral cooperation in areas of mutual interest. Ukraine is committed to developing relations with Uzbekistan and strengthening ties with Central Asia.”

The meeting took place amid recent reports in Ukrainian media that 13 Uzbek citizens had been subjected to forced labor at a greenhouse in the Kyiv region. Following these reports, officials from Uzbekistan’s embassy in Ukraine visited the site and later confirmed that the case was under full consular control.

In response, the embassy issued official notes to Ukraine’s Foreign Ministry and Prosecutor General’s Office, demanding legal protection for the affected citizens. The embassy stated that a criminal case had been opened, suspects were facing trial, and measures were being taken to repatriate the workers. It emphasized that consular and legal support was ongoing, and that the rights and interests of Uzbek nationals remained a top priority.

Kazakhstan’s Kazchrome Launches Flotation Plant to Recover Chromium from Waste

A new flotation unit for extracting chromium from industrial waste has been launched at the Donskoy Mining and Processing Plant (GOK) in Khromtau, located in Kazakhstan’s Aktobe region. The initiative, part of the ERG Green program, was developed by Kazchrome, a subsidiary of Eurasian Resources Group (ERG).

Founded in 1938, Donskoy GOK operates the world’s second-largest confirmed chromium ore deposit. Most of its output supplies Kazakhstan’s ferroalloy plants in Aksu (Pavlodar region) and Aktobe. In 2024, the plant reported record output, producing 6 million tons of ore and 1.864 million tons of ferroalloys. The new flotation facility is expected to boost production by processing accumulated industrial waste.

Kazchrome invested more than 20.6 billion tenge (approximately $38 million) into the project. While flotation is commonly used in non-ferrous and precious metals mining, it is rarely applied in the chromium sector. ERG’s Research and Engineering Center patented the process, which enables chromium recovery from ultrafine particles (UFPs) previously considered unprocessable.

“This technology is a clear example of ERG’s approach to combining advanced global practices with in-house solutions,” said Shukhrat Ibragimov, Chairman of the Board of Directors and CEO of ERG. “It reflects our strategy to transform legacy industrial waste into valuable resources.”

The flotation unit marks the second stage of ERG’s environmental program at Donskoy GOK. In 2023, the plant launched a facility utilizing gravity separation to produce concentrate with a chromium content of at least 48.5 percent. The new unit targets ultrafine fractions remaining after gravity processing. The process involves injecting air or gas into water mixed with waste particles. Hydrophobic chromium particles attach to air bubbles, float to the surface as foam, and are collected for further treatment.

According to the company, the facility will process approximately 14.5 million tons of historically accumulated waste. The project aligns with Kazakhstan’s national policy to incentivize recycling of man-made mineral formations (MMF). The government has proposed a tenfold reduction in the mineral extraction tax (MET) for companies engaged in MMF processing, as mining sites are estimated to contain 55-60 billion tons of waste stockpiles.

Kazakhstan’s IT Market: Post-Pandemic Growth, Skills Gap, and 17 Resumes per Vacancy

Kazakhstan’s IT labor market is expanding rapidly but facing growing mismatches between available skills and employer demand, according to new research by Ranking.kz.

Fast Growth Beyond Statistics

The number of specialists in “computer programming, consulting, and related services” has more than tripled in recent years, according to the Bureau of National Statistics. The sharpest increase occurred in 2020, when IT employment jumped from 6,900 to 12,100 workers, a 76.7 percent rise in the first post-pandemic year.

As of June 2025, 19,500 programmers, developers, and AI specialists were officially registered. However, this figure excludes in-house IT staff employed across industries such as oil and gas, energy, and metallurgy, suggesting actual employment is significantly higher.

A 2024 survey by Kolesa Group profiled the median IT specialist as a 26-year-old male with three to five years of experience, working in fintech as a mid-level data analyst, earning approximately 700,000 tenge ($1,300) per month, and having switched jobs twice.

International companies increased their IT headcount by 17 to 37 percent between 2021 and 2024, while the proportion of employees aged 26-30 rose by 15 percentage points. Fully remote work has declined, with hybrid formats now the norm.

Competition for jobs has intensified. The national electronic labor exchange listed 9,700 resumes in the “IT and telecommunications” category, compared to just 580 vacancies, nearly 17 applicants per position. In Almaty, there were 1,500 candidates for 133 roles; in Astana, 1,000 applicants for 124 positions. The Mangystau region saw the highest disparity, with 655 resumes for just four openings.

Skills and Expectations Gap

Employers are primarily seeking experienced professionals: 61 percent of vacancies require one to five years of experience, and 8 percent demand more than five years. Only 31 percent of listings are suitable for junior specialists. In contrast, 48 percent of job seekers are entry-level, while only 22.9 percent are senior-level.

Demand is shifting toward automation and AI integration.

“Today AI is used by everyone from small businesses to multinationals. It raises the bar for employees, basic tools are no longer enough,” said Ekaterina Rehert, founder of DataBoom. “Even Excel now includes Copilot AI. Companies want specialists who know how to embed AI into real processes. Anyone pursuing a career in analytics or related fields must upgrade their AI skills.”

Salaries and Global Trends

According to Kolesa Group, IT salaries rose 40 percent between 2021 and 2024. The Bureau of National Statistics reported an even steeper increase: salaries in programming and consulting rose 2.5 times, reaching 1.2 million tenge in Q2 2025. The wage gap between IT professionals and the national average widened from 1.7 times in 2020 to 2.8 times in 2025.

By specialty, a survey of 420 IT professionals found that machine learning engineers earned the highest salaries (1.6 million tenge or $2,900 per month), followed by data scientists (1.1 million) and data warehouse specialists (1.08 million). Big Data professionals in finance earned 986,300 tenge, compared to just 177,600 tenge for similar roles in the public sector.

The World Economic Forum forecasts that by 2030, approximately 22 percent of jobs will be transformed, with 170 million new roles created and 82 million eliminated. Nearly 39 percent of job skills are expected to be reshaped by automation and digitalization. Among the fastest-growing roles are Big Data specialists (projected demand to more than double), fintech engineers (+92%), AI and ML experts (+83%), software developers (+57%), and data analysts (+41%).

World Bank Warns Tajikistan on Limits of Migration-Driven Growth

Tajikistan has made notable strides in reducing poverty over the past decade, but sustaining this progress will require a shift away from reliance on labor migration and remittances, according to a new World Bank report.

The Poverty and Equity Assessment in Tajikistan notes that the share of people living in poverty fell from 56 percent in 2010 to around 20 percent in 2024. During the same period, the middle class expanded from 8 percent to 33 percent of the population, with 35 percent of households joining its ranks between 2021 and 2023. However, these gains have largely been driven by remittances, which consistently account for more than 30 percent of GDP, rather than domestic job creation.

Job Creation Remains Weak

Employment generation, however, remains limited. As of 2022, only 40 percent of the working-age population was employed, the lowest rate in the region, while female labor force participation stood at just 21 percent.

Inequality has also worsened. The Gini coefficient rose from 32 to 38 between 2021 and 2023, with rural and remote areas most affected due to poor infrastructure and weak market access.

Education poses an additional constraint. In 2023, 31 percent of children were not attending school, especially at higher grade levels. Contributing factors include financial hardship, distance to schools, and low parental education. Many university graduates either take low-paid jobs or emigrate.

World Bank Recommendations

The World Bank urges Tajikistan to transition from a remittance-dependent model to one grounded in domestic employment and economic resilience. Key recommendations include:

  • modernizing agriculture with climate-resilient technologies;
  • promoting labor-intensive private sector growth, particularly in agricultural processing, services, and small enterprises;
  • expanding access to education, vocational training, and digital infrastructure, especially in rural areas;
  • strengthening targeted social support for vulnerable households.

“Tajikistan’s progress in poverty reduction is impressive, but sustaining and deepening these gains requires a rebalancing of priorities,” said Wei Winnie Wang, the World Bank’s Acting Country Manager in Tajikistan.

She emphasized that improving domestic job creation, reducing spatial inequality, and investing in human capital would help build a more inclusive and sustainable economy.

Government Response

Tajikistan’s Ministry of Economic Development and Trade acknowledged that the report’s findings align with national development priorities. Deputy Minister Ahliddin Nuriddinzoda highlighted the role of the Poverty and Middle Class Expansion Council, established with World Bank support, as a platform for monitoring poverty and shaping related policy.

According to the ministry, the World Bank’s current portfolio in Tajikistan includes 26 projects worth $1.9 billion, focused on infrastructure, human capital, and institutional reforms. The International Finance Corporation has also invested more than $70 million in the private sector.