• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10641 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10641 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10641 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10641 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10641 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10641 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10641 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10641 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Viewing results 1 - 6 of 61

Leading UAE Hotel Chain Explores Options in Uzbekistan

A world-famous chain of hotels in the UAE is exploring entering the Uzbekistan market. The announcement  follows talks between Uzbek diplomats and Phillip Crouse, vice president of the United Arab Emirates' Jumeirah Group, and an introduction of the company's team to the recent reforms implemented in Uzbekistan, as well as programs and regulations to increase the country's tourist attractiveness, existing tourist routes, flights between the two countries, and hotels. Representatives were also presented with options to privatize or reconstruct large hotel complexes in the country. The entry of the Jumeirah brand into the Uzbekistan market will further increase the country's number of luxury hotels and enhance its ever-expanding tourist market. Over the past seven years, the number of foreign tourists visiting Uzbekistan has tripled, the volume of tourism services has increased fivefold, and the number of hotels and accommodation facilities has increased tenfold. Last year, more than 6.6 million tourists visited the country, providing a revenue of some 2.1 billion dollars, and according to recent reports, Uzbekistan aims to increase the number of foreign tourists to 15 million by 2030. Jumeirah, part of Dubai Holding, is a global luxury hotel company with 26 properties, including resorts, city hotels, and serviced residences across the Middle East, Europe, and Asia.

New Road Promised for Kyrgyzstan’s Highest Village

The Ministry of Transport and Communications of Kyrgyzstan has announced a tender for the construction of a road to Kyrgyzstan's highest village of Zardaly in the Batken oblast. Authorities have set aside 389 million KGS ($4.5 million) for the construction of the 4.2 kilometer road and according to published data, bids will be accepted until October 22 this year. The village of Zardaly is located in the highlands on Kyrgyzstan's border with Uzbekistan and Tajikistan. At present, only one narrow, stony road leads to the settlement, accessible only between May to October. With the onset of cold weather, snow makes it impossible to get to the village, and residents are cut off from the outside world. It should be noted that Zardaly lacks cellular communication, the recently installed internet only serves the local school, and there are significant problems with electricity. As a local proverb says, “If there is no urgent business - do not enter Zardaly." On the day prior to the announcement of the tender, Kyrgyz President Sadyr Zhaparov visited Zardaly by helicopter.  Whilst there, he promised residents that a highway would be built in the village in spring 2025, after which electricity would be supplied. He also instructed the presidential administration to solve the issue of cellular communications in the region. In earlier complaints about the situation in the village, Kyrgyzstan's ombudsman said that although Zardaly became a village in 2016, residents still require help accessing medical services and quality education.

Kazakhstan to Build Airports in Katon-Karagay and Zaysan Resort Areas

Kazakhstan’s Ministry of Transport has chosen sites to construct new airports in the resort areas of Katon-Karagay and Zaysan in the country’s east. Katon-Karagay is Kazakhstan's largest national park, located in the picturesque region of Southern Altai, near the borders with Russia and China. One new airport will be built in the Katon-Karagay National Park near the village of Soldatovo, 38 kilometers from the village of Katon-Karagay. Another airport will be constructed at a former military airfield 25 kilometers from the town of Zaysan. One of the most beautiful lakes in Kazakhstan, Zaysan is a vast freshwater lake with lots of aquatic diversity. It is about 100 kilometers long, 30 kilometers wide, and 8 meters deep. Lake Zaysan is 239 kilometers from Ust-Kamenogorsk, the largest city in eastern Kazakhstan, which is currently home to the closest airport for both resort areas. The new airports will have 2,200-meter-long runways for short-haul planes, providing air service from the capital, Astana, and Almaty. Plans are in place to extend the runways in the future, which will allow the reception of large aircraft such as Airbus A320 and Boeing 737. According to Transport Minister Marat Karabayev, construction of the airports will begin in 2025.

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.