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BISHKEK (TCA) — Eurasian Development Bank’s (EDB) researchers believe that in 2017 direct investors from Eurasian countries will be more active in the Eurasian Economic Union (EEU) countries of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, EDB’s press office said on December 27. The development of China’s “One Belt, One Road” initiative is expected to become one of the stimuli for FDI inflows. Chinese investors have already begun to show interest not only in hydrocarbon production, but also in transport, infrastructure, and the power sector, says a report prepared by Eurasian Development Bank’s Centre for Integration Studies. Continue reading
TASHKENT (TCA) — Japan’s Mitsubishi Hitachi Power Systems, Ltd. (MHPS) said on November 21 that, together with Mitsubishi Corporation, it has received a full turnkey contract order for two main equipment trains of high-efficiency power generation equipment, including gas turbines and steam turbines, for the Turakurgan thermal power plant in eastern Uzbekistan. Continue reading
ASTANA (TCA) — A framework cooperation agreement worth US $300 million has been signed between Kazakhstan’s National Management Holding Baiterek and Japan's major bank Sumitomo Mitsui Banking Corporation (SMBC) on financing of non-oil sector projects in Kazakhstan, Baiterek said. Continue reading
ASTANA (TCA) — During his official visit to Japan, Kazakhstan President Nursultan Nazarbayev invited Japanese companies to work in Kazakhstan’s special industrial zones, the presidential press service reported. Continue reading
ASTANA (TCA) — At a Kazakh-Japanese business forum in Tokyo on November 7, the two countries signed 13 agreements worth US $1.2 billion. The forum took place as part of Kazakhstan President Nursultan Nazarbayev’s official visit to Japan, Sputnik news agency reports. Continue reading
BISHKEK (TCA) — Between October 15 and 22, four Kyrgyz companies are taking part in the exhibition “Asian Food Show–2016” in Osaka, Japan. The Kyrgyz trade mission to Japan also includes business meetings with Japanese trading companies. Continue reading
