DUSHANBE (TCA) — The people of Tajikistan and local enterprises will gain access to a more reliable supply of electricity with the approval, on May 3, of US$225.7 million in financing from the International Development Association (IDA) for the Nurek Rehabilitation Project. The World Bank financing, one-quarter in grants and three-quarters in credits, will refurbish the Nurek Hydropower Plant in Tajikistan, the Bank said.

Continue reading

ASTANA (TCA) — Development Bank of Kazakhstan (DBK) on May 3 said it has amended its credit policy in order to increase financing of projects in the non-energy sector of Kazakhstan’s economy.

Continue reading

BISHKEK (TCA) — UNDP in Kyrgyzstan has informed about the launch of a new project “Strong and Inclusive Parliamentary Democracy” aimed at strengthening parliamentary democracy in Kyrgyzstan, ensuring its transparency and accountability to citizens. The project will be implemented by UNDP in Kyrgyzstan and funded by the Swiss Agency for Development and Cooperation (SDC). The total budget of the project for 10 years is 9.8 million Swiss francs, the Embassy of Switzerland in the Kyrgyz Republic said on May 3.

Continue reading

ASTANA (TCA) — The armed opposition to Syrian President Bashar al-Assad said on May 3 that it was suspending its participation in peace talks in Kazakhstan’s capital, Astana, and calling for an end to government bombardments, RFE/RL reports.

Continue reading

TASHKENT (TCA) — Uzbekistan President Shavkat Mirziyoyev will pay his first state visit to China in mid-May, the official Jahon information agency reported.

Continue reading

TASHKENT (TCA) — Uzbekistan is a leading manufacturer of passenger cars and commercial vehicles in the region of Central Asia, the Jahon information agency reported. In 2016, a total of 88.2 thousand cars, 3,420 ISUZU buses and trucks, and a thousand of MAN trucks went from the production lines of Uzbekistan’s automobile manufacturer JSC Uzavtosanoat.

Continue reading