• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09155 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09155 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09155 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09155 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09155 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09155 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09155 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09155 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
27 January 2025

Viewing results 1 - 6 of 34

Turkmenistan to Build New High-Speed Highway

The private company "Ojar Asia" has signed a contract with the Eurasian representative office of China's Sino Hydro Bureau 12 Co. Ltd., for the parties to jointly build the Serakhs-Mary-Serkhetabat highway in Turkmenistan. This road will have a length of about 450 kilometers. The highway will be an important element of the country's transport infrastructure, and will improve conditions for foreign trade, including the export of Turkmenistan's natural resources. More than $2 billion in investment from Sino Hydro Bureau will finance it, and Ojar Asia will lead the construction. Turkmenistan is developing road infrastructure to improve transportation links and stimulate its economy. Road projects are strategically important as the country plans to integrate the new highways into international East-West and North-South transportation corridors. This helps increase transit transportation and natural resource exports, which are vital in diversifying an economy traditionally dependent on hydrocarbon exports.

Kazakhstan’s Longest Road Tunnel Opens on Western Europe – Western China Transport Corridor

On September 12, a new tunnel was opened at the Shakpak Baba pass in Kazakhstan’s southern Turkestan region. As the Kazakh Ministry of Transport reported, it is the longest automobile tunnel in Kazakhstan. The two-lane tunnel is 840 meters long, 11 meters wide, and 8 meters high. Control centers on both sides of the tunnel monitor lighting, ventilation, and traffic lights. The tunnel's opening will facilitate traveling and cargo transportation during winter. At the tunnel's opening ceremony, Kazakhstan’s Deputy Minister of Transport Satzhan Ablaliyev stated: "The opening of this tunnel is an important event for Kazakhstan's transport infrastructure. It will not only improve the region's year-round transport accessibility but will also significantly increase traffic safety in this difficult section. The tunnel will prevent drivers from being trapped in the snow on the Shakpak Baba pass in winter. In addition, the main traffic flow will now be redirected to bypass the village of Shakpak Baba, increasing safety in the village." The tunnel is part of the Kazakh section of the international road transport corridor Western Europe-Western China. With a total length of 8,445 km, the corridor runs 2,233 km through Russia, 2,787 km through Kazakhstan, and 3,425 km through China. In July, Kazakh Minister of Transport Marat Karabayev announced that in 2024, Kazakhstan planned to repair and construct 12,000 kilometers of road.

World Bank Supports Community-Driven Development in Kyrgyzstan

On July 31, the World Bank’s Board of Executive Directors approved $27 million for Kyrgyzstan's National Community Initiatives Project (NCIP). The project aims to improve access to socioeconomic infrastructure and increase economic opportunities at a local level, focusing on women and youth. Hugh Riddell, World Bank’s Country Manager for the Kyrgyz Republic, commented, “The National Community Initiatives Project builds on more than a decade of the Government’s successful community-driven development initiatives and aims to scale up, standardize, and deepen their impact. The project will also build the capacity of local governments to work effectively with communities on development priorities, ensuring a more prosperous future for all.” The project will be implemented through 2029 by Kyrgyzstan’s Community Development and Investment Agency. As part of the Village Climate-Resilient Infrastructure Investments component, the project will directly benefit rural populations in 40 Aiyl Aimaks (sub-districts), one per district across the country. Each selected sub-district will receive up to $450,000 for socioeconomic infrastructure identified through a participatory village needs assessment and decision-making process. Eligible infrastructure may include kindergartens, schools, health facilities, water supply systems, and other climate-adaptive investments such as renewable energy sources, energy-efficient street lighting, drip irrigation, and disaster preparedness. Within the Grants for Climate-Smart Local Economic Development and Livelihood Activities component, 15 competitively selected sub-districts will receive grants of $200,000 to $300,000 for local economic development. The objective is to enhance economic opportunities, enabling businesses to launch or expand while creating jobs for women, youth, and vulnerable groups. Economic sub-projects will target agricultural processing, handicrafts, eco-tourism, and green enterprises. The project will also finance comprehensive training for local self-government and communities in participatory needs assessment and planning; selection, management, and monitoring of village investments; climate change; and economic empowerment. The project will also look to engage women and youth in local planning and investment processes, ensuring their priorities for regional infrastructure and livelihood investments (such as medical facilities, schools, and kindergartens) are addressed, and providing tailored training to strengthen women’s leadership in social and economic spheres. Support will also be offered for women's entrepreneurship, the establishment of private childcare facilities, and targeted youth engagement opportunities.

Investing in the Future: Upgrading Kazakhstan’s Heating and Power Infrastructure

As nations around the globe grapple with the urgency of climate change and the need for sustainable development, one country that stands out is Kazakhstan. With its vast natural resources and strategic location, Kazakhstan has the potential to become a leader in renewable energy and sustainable infrastructure. However, upgrading Kazakhstan's heating and power infrastructure is a significant undertaking that requires substantial time and financial investment. The Challenge Kazakhstan is no stranger to the harsh realities of tough winters. With temperatures often dropping below -30 degrees Celsius and even reaching lows of -52 degrees Celsius in some northern regions, the capacity and resilience of the country's heating infrastructure is tested annually. In a country where winter can last up to six months, maintaining a reliable heating supply isn't just a matter of comfort—it's a matter of survival. However, the extreme weather conditions put a considerable strain on Kazakhstan's heating infrastructure and lead to several challenges. Many of Kazakhstan's heating systems, built during the Soviet era, are showing their age and inefficiency, necessitating an expensive overhaul. These outdated systems often break down, leading to extended periods without heat in the coldest months. A striking example was the 2022 incident in Ekibastuz, a city known for its harsh winters, where residents endured nearly three months without heat due to a power plant failure, which subsequently sparked a government-led corruption investigation. Compounding these issues, Kazakhstan's heating sector heavily relies on fossil fuels, primarily coal. This reliance not only exacerbates environmental pollution but also leads to energy inefficiency. Due to poor insulation in buildings and obsolete heating systems, much of the produced heat is lost, demanding more energy and resources to maintain warmth in homes and businesses. The cost of heating is a significant expense for many Kazakh households, particularly those in rural areas where incomes are lower. The government provides subsidies to help offset these costs, but with energy prices rising globally, this is becoming an increasingly heavy burden on the national budget. The financial aspect of such upgrades is undoubtedly substantial. One source estimates that upgrading transmission and distribution infrastructure alone for all of Central Asia could cost between $25 billion to $49 billion. Additionally, infrastructure projects of this magnitude can take several years to over a decade to implement. For instance, Denmark began its transition to district heating systems and combined heat and power plants in the 1970s, and is still implementing improvements today. Similarly, Germany started its Energiewende (energy transition) initiative in 2000, with goals set for 2050. What Steps Have Been Taken? Efforts are made to upgrade aging systems, improve energy efficiency, and transition to more sustainable sources of energy. In 2023, Kazakhstan significantly upgraded its energy infrastructure, as reported by the Astana Times. The launch of the second Beineu-Zhanaozen gas pipeline and a new distribution pipeline in Mangystau Region improved gas supply, while the completion of the Makat-North Caucasus pipeline met regional demands. The western zone's energy network was fortified with five new power transmission lines. Renewable energy saw...