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BISHKEK (TCA) — The fourth meeting of the Russian-Kyrgyz Development Fund (RKDF) Council held in Moscow last month decided to soften the Fund’s lending terms. The decision is extremely important for further development of Kyrgyzstan's economy during the next decade, RKDF Board Chairperson Nursulu Akhmetova said this week in Bishkek. Continue reading
TASHKENT (TCA) — Uzbekistan’s Navoi Free Industrial and Economic Zone (FIEZ) has attracted more than $40 million of foreign direct investments from China, Singapore, South Korea, India, Italy, the UAE, and Great Britain, Novosti Uzbekistana news portal reported. Continue reading
ALMATY (TCA) — Production of paper from technical (non-narcotic) hemp within the framework of import substitution policies was discussed last week at a meeting of the Secretariat of the Manufacturing Industry Committee of the Atameken National Chamber of Entrepreneurs of Kazakhstan. Continue reading
ASTANA (TCA) — Chinese Ambassador to Kazakhstan Zhang Hongwei last week met with Kazakh media to talk about plans of creation of new Kazakh-Chinese joint ventures and transfer of production facilities from China to Kazakhstan, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on its website. Continue reading
TASHKENT (TCA) — Last year some 4.8 thousand companies with foreign investments operated in Uzbekistan, and the country registered 494 new companies with foreign investment, including 330 in the capital Tashkent, Novosti Uzbekistana news portal reported. Continue reading
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