ASHGABAT (TCA) — U.S. Agency for International Development (USAID) Deputy Assistant Administrator for Central and South Asia, Javier Piedra, visited Turkmenistan as part of his first official visit to Central Asia. Piedra visited Turkmenabat and the capital Ashgabat to see first-hand how USAID programs are benefiting Turkmenistan by strengthening the investment climate and supporting the private sector in the country, the US Embassy in Ashgabat said on June 14.

Continue reading

KABUL (TCA) — The Afghan Ministry of Commerce and Industries said Afghanistan and Uzbekistan will hold a meeting on June 20 in Uzbekistan to discuss trade and transit issues and Uzbekistan’s possible investment in Afghanistan, Afghan broadcaster TOLOnews reported.

Continue reading

ASTANA (TCA) — At the Government meeting on June 12, Minister of National Economy of Kazakhstan Timur Suleimenov reported on the country’s socio-economic development during the first five months of 2018, the official website of the Prime Minister of Kazakhstan reported.

Continue reading

KABUL (TCA) — In a statement on June 13, the Taliban movement called on “American invaders” to leave Afghanistan and claimed it had liberated “vast areas” of the country, Sputnik news agency reported.

Continue reading

ASTANA (TCA) — Italy’s Eni on June 12 said it has taken the Final Investment Decision to build, develop and operate the Badamsha plant, a 50 MW wind farm located in the northwest of Kazakhstan. This project represents the first large scale investment in wind technology for the company.

The construction works of the plant, which is located in the Aktobe Oblast, will start in the coming months and the commercial operation date and the connection to the grid is expected by the end of 2019. The wind farm will provide the Region with an annual power generation of about 198 GWh. Eni’s current renewable energy portfolio includes investments in solar, wind and hybrid projects worldwide for 1.2 billion euros over the next four years.

The Badamsha project represents the first material step of the Memorandum of Understanding signed between Eni, General Electric (GE) and the Kazakh Minister of Energy, Kanat Bozumbayev, to promote the development of renewable energy projects in Kazakhstan. Last June Eni signed a number of strategic cooperation agreements both in the upstream and renewable energy sectors with the aim of supporting the sustainable economic growth of the country.

Eni has been present in Kazakhstan since 1992. Eni is joint operator of the Karachaganak field and is an equity partner in various projects in the Northern Caspian Sea, including the giant Kashagan field. In 2018 Eni became joint operator in the exploration block Isatay, with the national company KMG.