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Resorts on Kyrgyz lake Issyk-Kul can receive environmental upgrade

BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) on 19 April held an environmental workshop in Kyrgyzstan’s Issyk-Kul region for small and medium-sized enterprises (SMEs) to share information about successful advisory projects supported by the Bank and stimulate further activity in this area. This is in response to the needs and concerns expressed by the Issyk-Kul government and local resorts to reduce costs and preserve the ecological situation in the region.

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Times of Central Asia

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Capital legalization campaign gathering speed in Kazakhstan

ALMATY (TCA) — Since the beginning of the property and capital legalization campaign in Kazakhstan through 1 April 2016, Kazakhstanis had deposited more than 475 billion tenge (around US $1.4 billion according to the exchange rate on April 20) on special accounts of the country’s banks, the press service of the Kazakh National Bank said.    

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Times of Central Asia

Kazakhstan plans to offer agricultural land for private ownership

ASTANA (TCA) — In accordance with the Land Code of Kazakhstan, agricultural land in the country will not be handed over to foreigners and repatriates to Kazakhstan, or for private ownership. It can only be rented for up to 25 years, Deputy Chairman of the Committee for Construction, Housing and Utilities Services and Land Management under the Ministry of National Economy of Kazakhstan, Baurzhan Smagulov, told a media briefing on April 19, the official website of the Prime Minister of Kazakhstan reported.

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Times of Central Asia