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Foreign investment in Kazakhstan’s economy on the decline

ASTANA (TCA) — Kazakhstan should keep the inflow of foreign investments in the manufacturing sector as investments are declining in other sectors of the country’s economy, Yerlan Khairov, the chairman of the Investment Committee of the Kazakh Ministry of Investment and Development, said at a media briefing on February 16, the official website of the Prime Minister of Kazakhstan reported. Continue reading

Russian-Kyrgyz Development Fund expanding activities

BISHKEK (TCA) — The Chairperson of the Russian-Kyrgyz Development Fund (RKDF) Nursulu Akhmetova this week told the media about the results, new directions and prospects of the Fund activities. Continue reading

Kazakhstan looking to China market

ASTANA (TCA) — Kazakhstan is interested in cooperation with China in the spheres of industry and agro-processing, Novosti-Kazakhstan news agency reported citing First Deputy Prime Minister Bakytzhan Sagintayev.   Continue reading

Belgium’s Carmeuse Group to build a lime plant in Kazakhstan

ASTANA (TCA) — Carmeuse Group, the Belgian transnational corporation which is one of the world’s leading manufacturers of high-quality special building materials, plans to build a plant to produce more than 500 thousand tons of premium-quality technological lime per year in the Osakarov district of Kazakhstan’s Karaganda province, the Ministry of Investment and Development of Kazakhstan said on January 11. Continue reading

Kazakhstan approves list of state companies offered for privatization

ASTANA (TCA) — The government of Kazakhstan has approved a list of state companies to be offered for privatization, Novosti-Kazakhstan news agency reported with reference to the country’s Ministry of National Economy. Continue reading

President promises economic breakthrough for Uzbekistan

TASHKENT (TCA) — In 2016 the economy of Uzbekistan will receive an equivalent of US $17.3 billion of capital investment, 23.5 percent of which will be foreign investments, Uzbek President Islam Karimov said in his New Year address to the nation. Continue reading