TASHKENT (TCA) — Uzbekistan’s Navoi Free Industrial and Economic Zone (FIEZ) has attracted more than $40 million of foreign direct investments from China, Singapore, South Korea, India, Italy, the UAE, and Great Britain, Novosti Uzbekistana news portal reported.
DUSHANBE (TCA) — Tajikistan’s Foreign Minister Sirojidin Aslov and Chargé d’Affaires of the Japanese Embassy in Tajikistan Takashi Kamada on March 2 signed exchange notes for the project “Improvement of equipment for the maintenance of roads in the Sughd province and eastern part of the Khatlon province” in Tajikistan, Avesta news agency reported.
ASTANA (TCA) — Kazakhstan’s economy has been hurt by the economic slowdown in China and recession in Russia, Kazakh President Nursultan Nazarbayev said during his meeting with the heads of foreign diplomatic missions in Astana on March 2, RFE/RL reported.
ASTANA (TCA) — The National Bank of Kazakhstan’s interventions in the form of foreign currency purchases amounted to $474 million in February or 20 percent of the total currency trade, National Bank Chairman Daniyar Akishev said in the Kazakh Parliament on March 3, the official website of the Prime Minister of Kazakhstan reported.
BISHKEK (TCA) — The government of Kyrgyzstan on March 1 announced a tender for the use and development of brown-coal deposits Kara-Keche and Min-Kush (Ak-Ulak area), the Kyrgyz Economy Ministry said.
BISHKEK (TCA) — The Eurasian Development Bank (EDB) and the Asian Development Bank (ADB) have signed a framework co-financing agreement, setting forth the main areas and mechanisms of cooperation in the EDB and ADB member states. The document states that the banks will invest in projects in Armenia, Kazakhstan, Kyrgyzstan, and Tajikistan. EDB will provide US $1 billion and the ADB US $2 billion until 2021, EDB’s press service said on March 2.
