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ASTANA (TCA) — Investors from Finland plan to build a fish farm according to the latest technology in the North Kazakhstan province, said Kalver Kapper, director for business development at GENERAL FINLAND COOP, Novosti-Kazakhstan news agency reported. Continue reading
ASTANA (TCA) — An Italian company will build a rapeseed processing plant in the North Kazakhstan province, the province’s Deputy Governor Mukhtar Mankeyev said, Novosti-Kazakhstan news agency reported. Continue reading
ALMATY (TCA) — A council to attract investors has been created in Kazakhstan’s largest city, Almaty. The resolution on the council’s establishment was signed by Almaty Mayor Bauyrzhan Baibek, Novosti-Kazakhstan news agency reported. Continue reading
ASTANA (TCA) — On the sidelines of the World Economic Forum in Davos, Switzerland, on January 21 the Government of Kazakhstan, jointly with the World Bank, held a round table to discuss the ongoing reforms to improve the business climate in Kazakhstan, the World Bank reported. Continue reading
BISHKEK (TCA) — On January 22, President of Kyrgyzstan Almazbek Atambayev signed laws on denunciation of agreements between the governments of Kyrgyzstan and Russia on construction and operation of Kambarata-1 hydropower plant (HPP) and the Upper Naryn HPPs cascade. The agreements were signed on September 20, 2012 in Bishkek during the visit of Russian President Vladimir Putin to Kyrgyzstan. Continue reading
BISHKEK (TCA) — Chinese investors show the strongest dynamics of foreign direct investment (FDI) in the Eurasian Economic Union (EEU) countries (Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia). Between 2008 and 2014, China's FDI stock in the region more than doubled, from $11 billion to $27.1 billion. Over the same period, Japanese FDI reached $14.4 billion and South Korean FDI reached $1.9 billion, according to the report “EEU and Eurasia: Monitoring and Analysis of Direct Investments”, prepared by Eurasian Development Bank's (EDB) Centre for Integration Studies. Continue reading
