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ASTANA (TCA) — Investors from China support the idea of construction of Kazakhstan’s fourth oil refinery in the western Mangistau province, Novosti-Kazakhstan news agency reported citing Mangistau province Governor Alik Aidarbayev. Continue reading
TASHKENT (TCA) — Production of potassium sulfate will be organized at the Navoi Electrochemical Plant in Uzbekistan, Novosti Uzbekistana news agency reported. Continue reading
BISHKEK (TCA) — Corruption, a lack of governmental transparency, and an unpredictable legal and regulatory environment are key constraints to business in Kyrgyzstan, according to a survey released on January 29 by the International Finance Corporation (IFC), a member of the World Bank Group. 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
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) — Turkey is one of the major trading partners of Kyrgyzstan, Kyrgyz Economy Minister Arzybek Kojoshev said at the Kyrgyz-Turkish Investment and Trade Forum in Ankara late last week. Continue reading
