• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10836 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10836 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10836 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10836 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10836 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10836 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10836 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10836 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%

Viewing results 1 - 6 of 104

Kazakhstan to Host ITU Acceleration Centre as It Expands Regional Digital Ambitions

Kazakhstan and the International Telecommunication Union (ITU) have agreed to establish an ITU Acceleration Centre in Kazakhstan to promote artificial intelligence, GovTech, and digital skills across Central Asia. The agreement was reached during a meeting in Geneva between Kazakhstan’s Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development, Zhaslan Madiyev, and ITU Secretary-General Doreen Bogdan-Martin. The ITU, a specialized agency of the United Nations founded in 1865, develops global telecommunications standards, coordinates radio-frequency spectrum use, and promotes cooperation in information and communication technologies. It has 193 member states. According to Kazakhstan’s Ministry of Artificial Intelligence and Digital Development, the new center will serve as a regional hub for digital transformation. Its priorities will include building artificial intelligence expertise, strengthening digital skills, supporting GovTech adoption, and helping narrow the digital divide across Central Asia. “We are pleased that our cooperation with the International Telecommunication Union is producing concrete practical results. We see this center as an important platform for digital innovation, AI skills development, capacity building, and regional cooperation,” Madiyev said. During the meeting, Madiyev was also named one of the founding members of the ITU’s AI for Good Global Commission. AI for Good, launched by the ITU in 2017, promotes the use of artificial intelligence to address social and economic challenges. The agreement comes as Kazakhstan continues to expand its digital infrastructure and position itself as a regional technology hub. The government has launched a series of initiatives aimed at attracting international investment in artificial intelligence, cloud computing, and data infrastructure. Earlier, The Times of Central Asia reported that SuperX was considering building a 1-gigawatt AI data center in Kazakhstan. Kazakhstan has also joined OpenAI’s “Education for Countries” initiative, which supports the integration of artificial intelligence into national education systems. In addition, the government has established an AI Fund, backed by the National Bank of Kazakhstan, to finance strategic digital projects, research, and AI education programs. The center adds another international component to Kazakhstan’s digital development strategy and supports Astana’s effort to position the country as a regional hub for artificial intelligence, GovTech, and digital skills.

Kazakhstan Expands Technology Agenda, Inviting Investors into Space and Artificial Intelligence

Kazakhstan is stepping up its focus on the digital economy and high technology, expanding its investment agenda beyond the resource sector. At a meeting of the Foreign Investors’ Council on July 2, officials presented several areas they see as potential new growth drivers: artificial intelligence, digital infrastructure, space technology, and the innovation hub of Alatau City. For Astana, the push is part of a broader economic development strategy. President Kassym-Jomart Tokayev said Kazakhstan’s economy grew by 6.5% in 2025, while GDP has exceeded $300 billion. According to Tokayev, accumulated net foreign direct investment has surpassed $150 billion, making Kazakhstan Central Asia’s largest recipient of foreign investment. Against this backdrop, the government is increasingly focused on the next stage of development: building digital industries that could help shape the region’s economic architecture in the coming years. Artificial intelligence is central to this strategy. Tokayev described AI as one of the key drivers of the global economy and confirmed that 2026 has been declared the Year of Artificial Intelligence and Digital Development in Kazakhstan. The country has adopted a new package of sector-specific legislation, including the Digital Code and the Law on Artificial Intelligence, and has created the Ministry of Artificial Intelligence and Digital Development. One of the most prominent projects in this sector is Data Center Valley, an infrastructure cluster intended to host large-scale computing and data-processing facilities. According to the president, the project has already attracted interest from Amazon, G42, and other international technology companies. For Kazakhstan, the development of data centers has strategic importance. As global demand for computing power and AI infrastructure grows, countries with access to energy, favorable logistics, and clear regulation are becoming increasingly attractive destinations for international capital. A separate part of the strategy focuses on the space sector. Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development Zhaslan Madiyev invited foreign investors to participate in building a joint space ecosystem. According to Madiyev, Kazakhstan sees the sector as broader than traditional satellite infrastructure, viewing it as a technological platform that can combine spacecraft manufacturing, launches, maintenance, Earth observation, and AI-driven analytics. This approach reflects a wider global trend. The space technology market is entering a new phase of growth, driven by private investment, satellite communications, geo-analytics, and big data services. For Kazakhstan, this creates an opportunity to use its accumulated expertise and infrastructure, including its space-sector legacy at Baikonur, which remains leased to Russia until 2050. Another pillar of the digital strategy is Alatau City, an innovation hub being built near Almaty. The authorities view it as an experimental platform for digital assets, fintech, autonomous transport, and artificial intelligence technologies. According to Madiyev, Alatau City is expected to become one of the first sites in the region for testing autonomous vehicles, drones, and tokenized solutions. Tokayev said the city will be built on a “digital by default” principle, meaning that administrative and public services will be designed in digital form from the outset. The Times of Central Asia previously reported that Astana...

U.S. Business Push in Central Asia Moves From Dialogue to Deals

The pace of U.S. commercial engagement in Central Asia has quickened in recent weeks, with business delegations, export-finance officials, and sector-specific agreements appearing across the region. In June, a U.S. business delegation discussed investment opportunities in Turkmenistan, while Assistant Secretary of Commerce and Director General of the U.S. and Foreign Commercial Service David L. Fogel used the Astana Mining and Metallurgy Congress to press for practical cooperation in critical minerals. That same month, the Tashkent International Investment Forum drew John Jovanovic, president and chairman of the Export-Import Bank of the United States, and Ben Black, chief executive officer of the U.S. International Development Finance Corporation. Kazakhstan and U.S. companies signed artificial intelligence agreements worth $10 billion, Uzbekistan agreed to reduce tariffs on a range of U.S. goods, and Kyrgyzstan’s Civil Aviation Agency held talks with U.S. Ambassador Leslie Viguerie on aviation cooperation. Taken together, these moves suggest a change in tone. Washington’s regional agenda is increasingly being expressed through commercial missions, project finance, technology partnerships, and trade mechanisms rather than broad diplomatic declarations. The shift from diplomacy to deals is becoming visible in several capitals at once. [caption id="attachment_51210" align="aligncenter" width="1280"] Image: The Republic of Kazakhstan – the United States of America roundtable[/caption] Against that background, a roundtable titled “The Republic of Kazakhstan - the United States of America” was held in Astana on June 30. It was organized by Atameken National Chamber of Entrepreneurs, the U.S. Chamber of Commerce, and the Chamber of Commerce of Kazakhstan. The U.S. delegation was led by Khush Choksy, senior vice president for international member relations at the U.S. Chamber of Commerce, who oversees programs in the Middle East, Türkiye, and Central Asia. The Kazakh delegation was led by Ambassador Yerzhan Kazykhan, Kazakhstan’s presidential representative for negotiations with the United States. For Choksy, the visit continued a longer push by the U.S. Chamber. He visited Kazakhstan in 2023 and 2025, and has repeatedly described the country as a strong platform for American business. Yet trade remains modest compared with the political ambition attached to the relationship. According to Kazakh government data, bilateral trade between Kazakhstan and the U.S. reached $3.19 billion in 2025, while USTR estimates U.S. goods trade with Kazakhstan at $5 billion. U.S. goods trade with Uzbekistan, the region’s most populous country, was just over $1 billion in 2025. The figures underline the gap between strategic interest and commercial scale. The reasons for this are not limited to distance. Disrupted logistics, sanctions risks linked to Russia’s war in Ukraine, and instability in parts of the Middle East have complicated long-distance trade. The Jackson-Vanik amendment, adopted in 1974, also remains formally applicable to Kazakhstan despite repeated efforts in Washington to repeal it and grant the country permanent normal trade relations status. The Astana roundtable brought together government agencies, companies, international corporations, financial institutions, and policy experts. Participants discussed investment cooperation, energy, digital transformation, infrastructure, innovation, transport, and logistics. B2B meetings were also held, along with meetings between U.S. companies and Kazakh ministries and...

Kazakhstan’s Parliament Gives Way to New Kurultai Under Tokayev’s Constitutional Reset

Kazakhstan’s bicameral parliament held its final joint session in Astana on June 30, closing a 30-year legislative era before the new Constitution takes effect on July 1. The change will replace the Senate and Mazhilis with a single-chamber Kurultai. Elections to the new body are expected in August, with 145 deputies to be elected through party lists. No current deputy will transfer automatically into the new chamber, giving the coming vote direct importance for Kazakhstan’s parties and for President Kassym-Jomart Tokayev’s wider state overhaul. Addressing the final joint session, Tokayev framed the change as more than an administrative reform. He said Kazakhstan was entering “a new chapter in the development of independent Kazakhstan,” and beginning what he called a new historical era. The president also used his speech to summarize the work of the parliament created under the 1995 Constitution. Over three decades, the legislature adopted around 3,500 laws, which Tokayev said had helped strengthen the country’s statehood. “Today, we are completing an important parliamentary political cycle and opening a new chapter in the development of independent Kazakhstan,” Tokayev said. According to Tokayev, more than 300 major laws, including constitutional legislation, have been adopted over the past three years. He described them as “a reliable platform for our future achievements.” The transition also carries a succession dimension. The new Constitution creates a vice presidency and rewrites parts of the state architecture ahead of the scheduled end of Tokayev’s single seven-year presidential term in 2029. Tokayev has presented the changes as a modernization of governance, while the August Kurultai election will show how much room the new party-list system gives to political competition. Tokayev told deputies that the new legislature would need to move faster than the outgoing parliament. He said the Kurultai would be expected to remove bureaucratic obstacles, improve the speed and quality of law-making, and bring qualified experts and consultants into legislative work. “The Kurultai will have to eliminate all obstacles in the form of bureaucratic procedures, increase the speed and quality of law-making, and organize the effective work of qualified experts and consultants,” Tokayev said. He linked those goals to global instability and digital competition, saying Kazakhstan had to adapt legislation to a rapidly changing environment. “The Kurultai will have to work at an accelerated pace to promptly adapt national legislation to rapidly changing realities within the digital matrix,” Tokayev said. “This is a critically important task, as it will determine Kazakhstan’s readiness to participate in global competition.” Tokayev praised the outgoing deputies for their work on digital legislation. He said there had been no ready-made templates for regulating artificial intelligence, and credited the parliament with helping build a flexible legal system. Tokayev said Kazakhstan had become one of the first countries to adopt both a Digital Code and a specialized law on artificial intelligence. He also pointed to the new Constitution’s guarantees on the protection of personal data in cyberspace. The next phase, he said, would include a full e-Parliament system. Tokayev first raised that idea...

Beyond Resources: Ambassador Kussainov on Kazakhstan and Canada’s Partnership in AI, Education, and Innovation

For decades, Kazakhstan and Canada built their partnership around natural resources. Today, that relationship is expanding into new territory. From artificial intelligence and innovation to education and workforce development, both countries are increasingly looking beyond traditional sectors to shape the next phase of cooperation. This trend is already reflected in economic indicators. More than 160 Canadian-linked enterprises operate in Kazakhstan, Canadian investment has exceeded U$ 6 billion since 1994, and bilateral trade reached approximately U$ 458 million in 2025. At the same time, sectors that will shape the competitiveness of both economies in the coming decades are gaining greater importance. “I believe Kazakhstan-Canada relations are entering a new and dynamic phase,” said Dauletbek Kussainov, Kazakhstan’s Ambassador to Canada, in an interview with The Times of Central Asia. According to him, changes in the global economy are creating new opportunities for cooperation between the two countries. “Canada brings world-class expertise, technology and investment, while Kazakhstan offers significant resource potential, industrial capacity, and a strategic position connecting major markets,” the ambassador said. Although mining and energy remain central to bilateral cooperation, the scope of engagement is expanding into areas linked to technology, innovation and workforce development. This shift is also visible in the practical agenda of bilateral relations. In June, Astana hosted several major events involving Canadian business representatives. The Astana Mining & Metallurgy Congress brought together representatives of around 70 companies from 15 countries, including Canada, while the seventh meeting of the Kazakhstan-Canada Business Council brought together more than 100 participants, including senior representatives of Kazakhstani government agencies, the business communities of Kazakhstan and Canada, experts and academics. “This year also marks the 30th anniversary of the Inkai joint venture, a lasting example of successful cooperation between Canadian and Kazakh partners,” Kussainov noted. Three decades after the creation of one of the most successful joint projects in the uranium sector, bilateral cooperation is gradually moving beyond the traditional resource-based partnership and expanding into new areas, from education and technology to innovation and workforce development. From Extraction to Value Creation Critical minerals remain one of the key areas of cooperation between the two countries. As Western economies seek to diversify supplies of strategic raw materials, Kazakhstan is attracting growing attention because of its mineral resources. Canada, in turn, has one of the world’s strongest areas of expertise in geological exploration, mining engineering and sustainable resource development. According to Kussainov, the greatest potential lies in three areas: geological exploration, mineral processing, and human capital development and knowledge transfer. Processing is becoming especially important. “Today, the key challenge for many resource-rich countries is not simply extracting minerals, but creating more value from them domestically,” the ambassador said. This point reflects a broader shift in Kazakhstan’s economic strategy. In recent years, the country has been placing greater emphasis on developing processing industries and localizing technological processes. In this context, Canadian expertise in engineering, metallurgy, processing technologies and industrial project management is particularly relevant. The discussion is not limited to traditional industrial competencies. “The same applies...

Kazakhstan and U.S. AI Companies Sign Agreements Worth $10 Billion

Kazakhstan took a major step toward its goal of becoming an AI leader in the heart of the Eurasian continent when new investment deals were signed with U.S. companies NVIDIA and Firebird. Kazakh Prime Minister Olzhas Bektenov hosted NVIDIA Vice President Rev Lebaredian and Firebird co-founders Razmig Hovaghimian and Alexander Yesayan on June 15. They signed agreements on artificial intelligence and digital infrastructure cooperation worth up to $10 billion, for Kazakhstan’s Data Center Valley project. Top Ten in Global AI Infrastructure Representatives of the U.S. companies and Kazakh officials at the signing ceremony paid tribute to Kazakh President Kassym-Jomart Tokayev for declaring 2026 the Year of AI in Kazakhstan, saying the move emphasized Kazakhstan’s commitment to AI development. Firebird’s Hovaghimian said realization of the agreements signed on June 15 would contribute to putting Kazakhstan in the top 10 leading AI countries worldwide before the end of 2027. Lebaredian described AI development as a “five-layer cake.” “The first layer is energy. The second layer is chips, including those from NVIDIA. The third layer is infrastructure. The next layer is AI models, such as ChatGPT,” and applications, he explained. The NVIDIA vice president said, “Kazakhstan can participate at every level of this five-layer cake.” An Old Power Source for Developing New Technology In the first phase of the project, some $5 billion will go to developing the energy sector. The Data Center Valley is located in Kazakhstan’s northern city of Ekibastuz in the Pavlodar Province. The area has long been known for its vast coal deposits and huge Soviet-era thermal power plant that provides electricity to the area. Kazakh officials have promised an initial 300 megawatts (MW) of power for the AI center, with output gradually rising to some 1000 MW. Kaztelekom chief Bagdat Musin was at the signing and said, “Essentially, Kazakhstan is transforming Ekibastuz coal into digital export revenue.” Minister of Artificial Intelligence and Digital Development Zhaslan Madiyev said Kazakhstan expects to “generate at least $3 billion in annual export revenue, create new high-skilled jobs, (and) attract leading global technology companies.” Discussions are still underway about exactly how the remaining $5 billion would be spent in developing the second phase of the project. Madiyev mentioned that when finished, Ekibastuz would host a “large-scale computing cluster powered by 100,000 state-of-the-art GPU (graphics processing units) chips, including NVIDIA GB300 and Vera Rubin.” A press release posted by Firebird noted the “three-phase expansion strategy” would enable the project “to scale beyond 100,000 NVIDIA Blackwell and Vera Rubin GPUs by the end of 2027, creating one of the world’s largest AI computing platforms.” Firebird Labs Kazakhstan will also be established, based on Kazakhstan’s International Center for Artificial Intelligence in the capital, Astana. Era of Expanding Kazakh-U.S. Ties The agreements with NVIDIA and Firebird are the latest in a series of deals with U.S. companies since late 2025. President Tokayev announced the plan for the Data Center Valley project in January 2026. In May, a U.S.-linked international consortium signed a deal worth some $1 billion...