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ASTANA (TCA) — The Development Bank of Kazakhstan will take part in the construction of a complex alloy producing plant in Kazakhstan. The project will be implemented as part of the program of production capacity transfer from China to Kazakhstan, the Bank’s Chairman of the Board Bolat Zhamishev said on February 17 at a briefing in Astana, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ISTANBUL (TCA) — The European Bank for Reconstruction and Development (EBRD) and the Financial Times are gathering investors, policymakers and experts in Istanbul to discuss investment opportunities and challenges in Central Asia, including Mongolia. The event is taking place on 18 February in Istanbul, Turkey, a major regional hub with strong commercial links with Central Asia. Continue reading
ASTANA (TCA) — China Machinery Company has so far invested $5 million in the production of JAC cars in the industrial zone in Kazakhstan’s northern Kostanai province, the province’s Governor Arkhimed Mukhambetov said at a briefing in Astana on February 16, the official website of the Prime Minister of Kazakhstan 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
ASTANA (TCA) — On February 15 Kazakhstan’s Prime Minister Karim Massimov held a meeting of the Government to discuss implementation of the President's instructions given at the enlarged session of the Government of Kazakhstan on February 10, 2016, the official website of the Prime Minister reported. Continue reading
BISHKEK (TCA) — The economy of Kyrgyzstan has fallen by 10.7% in January compared to 2015. The Government explained the decline in GDP by reduced gold production at the Kumtor gold mine due to mining in an ore area with low gold content. Continue reading
