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ASTANA (TCA) — The European Bank for Reconstruction and Development (EBRD) is continuing to support the Green Economy drive in Kazakhstan by financing a new, cleaner and more energy-efficient gas-fired electricity generating plant in Atyrau, a harbour city on the Caspian Sea and a regional capital in western Kazakhstan. Continue reading
BISHKEK (TCA) — Editor’s note: We are glad to publish an essay of a young Indian journalist, from the South Asian University of New Delhi. The essay shows how modern infrastructure is trying to resolve old problems in an integrated effort of several countries while requiring worldwide attention for a balanced and peaceful development of Central Asia, the “heartland” between Europe, Russia and China. Continue reading
TASHKENT (TCA) — Uzbek-Singaporean joint venture Uzindoramagaschemical has suspended the project to build a gas-chemical plant worth US $2.5 billion in the Kashkadarya province in southern Uzbekistan, Novosti Uzbekistana news agency reported. Continue reading
BISHKEK (TCA) — As the countries of Central Asia and the Caucasus celebrate the 25th anniversary of their independence, structural reform has become critical. The key to meeting many of the challenges, and seizing the opportunities of the changing global environment is closer regional economic integration with the rest of Asia and the Pacific. Continue reading
LONDON (TCA) — China, and to lesser extents Russia, have been unloading coffers full of billions to spread their wings over Central Asia. The par value of the assets which have been taken by the generous-looking fund providers has changed dramatically and regretfully for the worse. That there can be no investments without returns is something the Chinese have known from the start, the Russians are realising that right now, and Central Asian states would realise that soon. Continue reading
BISHKEK (TCA) — The year 2016 will not be less difficult than last year as external risks continue to persist, Kyrgyzstan’s Economy Minister Arzybek Kojoshev told a news conference on the country’s results in 2015 and tasks for 2016, the press service of the Economy Ministry said. Continue reading
