• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10599 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10599 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10599 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10599 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10599 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10599 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10599 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10599 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 1 - 6 of 22

Kazakhstan and China’s Snow Valley Agree to Build $100-200 Million Potato Processing Complex

The administration of Kazakhstan’s Pavlodar region has signed a memorandum of cooperation with China’s Snow Valley Agricultural Group Co. Ltd. to implement a major investment project focused on potato processing, regional authorities have announced. The document outlines plans to establish a modern agro-industrial complex with an annual processing capacity of between 100,000 and 200,000 tonnes. The agreement was signed by regional governor Asain Baikhanov and representatives of the Chinese side, Wang Dengshe and Zhang Fan. The project is aimed at producing high value-added products. It includes the construction of a research and breeding center for potato cultivation and seed production, the launch of French fries manufacturing, and the development of storage, logistics, and distribution infrastructure. Total investment is estimated at between $100 million and $200 million. Regional authorities expect the project to create a full production and supply chain, reduce the shortage of deep-processing capacity in agriculture, and generate new jobs. “The regional administration is ready to support initiatives aimed at creating high-tech, high value-added production,” Baikhanov said. Founded in 2007 in Zhangjiakou, China, Snow Valley is a vertically integrated agro-industrial holding covering the entire production cycle from potato breeding and cultivation to deep processing. The company processes more than 800,000 tonnes of raw materials annually, including over 400,000 tonnes of frozen products. Its total storage capacity reaches 700,000 tonnes. The company is also engaged in breeding programs and has developed more than 80 potato varieties. Its production utilizes advanced technologies, including pulsed electric field (PEF) systems, which improve product quality and reduce oil consumption. Snow Valley exports its products to more than 40 countries. Following the visit, Chairman Wang Dengshe highlighted the strong potential of Pavlodar region and confirmed the company’s interest in long-term cooperation. “The Chinese company has confirmed its readiness to implement the project using modern technologies and local resources, while the regional administration has pledged comprehensive support, including infrastructure development, provision of resource bases, and administrative assistance,” the regional press service said. The project comes amid previous restrictions on potato exports. Kazakhstan earlier introduced a temporary ban on shipments outside the Eurasian Economic Union (EAEU) due to rising domestic prices. In autumn 2025, authorities also did not rule out reinstating such measures, although the market currently remains stable.

Kazakhstan Launches Smart City Project in Taldykorgan

The Taldykorgan City Administration (akimat), Kazakh telecommunications company ASTEL, and French Internet of Things (IoT) solutions developer Actility have signed a memorandum of cooperation to implement a Smart City project in the town of Taldykorgan. The initiative, based on LoRaWAN technology, will establish a comprehensive urban monitoring system aimed at improving city management and residents’ quality of life. The agreement was signed in Paris during the 16th meeting of the Intergovernmental Commission on Economic Cooperation between Kazakhstan and France. The project involves deploying a LoRaWAN-based IoT network that will collect real-time data from environmental sensors across the city. This data will feed into a centralized monitoring platform, enabling municipal services to respond swiftly to environmental changes. The initiative also includes urban transport management and measures to enhance safety in schools. Taldykorgan Governor (akim) Ernat Bazil told The Times of Central Asia that the memorandum represents a key milestone in the city’s digital development strategy. According to Bazil, the project aims not only to introduce cutting-edge technologies but also to deliver tangible improvements for residents, such as better environmental oversight, more efficient public services, enhanced public transport, and safer educational institutions. Full implementation of the Smart City system is scheduled for 2026. ASTEL President Miras Kasymov said the LoRaWAN-based project in Taldykorgan will serve as a model for scalable smart city solutions across Kazakhstan, marking an important advancement in the country’s digital infrastructure. The project is supported by the French government’s FASEP program (Fonds d'Études et d'Aide au Secteur Privé) and the French Embassy in Kazakhstan. Actility, a global leader in IoT and LoRaWAN technologies, serves as the technical partner. The company’s platform is currently used in over 70 countries. Actility CEO Olivier Hersent noted that the Taldykorgan project aligns with FASEP’s goals of promoting innovation in urban safety, environmental monitoring, and sustainable development, particularly in small and mid-sized cities. French Ambassador to Kazakhstan Sylvain Guillegot said the initiative highlights France’s commitment to supporting digital transformation in Kazakhstan’s regions. He described the project as a concrete example of Franco-Kazakh collaboration in infrastructure modernization and sustainable development. The system is set to launch in 2026. If successful, it could be replicated in other cities throughout Kazakhstan. LoRaWAN (Long Range Wide Area Network) is an energy-efficient, cost-effective wireless communication protocol widely used for IoT deployments, especially in smart urban infrastructure projects.

Kyrgyzstan and Britain Sign Landmark Agreement on Critical Minerals Cooperation

Kyrgyzstan and the United Kingdom have taken a significant step toward strengthening their partnership in the global critical minerals market, signing a landmark memorandum of understanding (MoU) in London. The agreement was formalized by Stephen Doughty, UK Minister of State for Europe, North America and UK Overseas Territories, and Meder Mashiev, Kyrgyz Minister of Natural Resources, Ecology and Technical Supervision. The document outlines cooperation in geological exploration, the implementation of high environmental, social and governance (ESG) standards, development of business ties, and the exchange of expertise. For Bishkek, the MoU establishes a new platform for deeper economic engagement with the UK, one of the world’s leading financial and technological hubs, while facilitating foreign investment and joint projects in the critical minerals sector. Mashiev arrived in London as part of the Kyrgyz government delegation attending London Mining Week, which runs from December 1 to 6. Speaking at the MINEX Eurasia conference on December 1, he presented the country’s long-term strategy for developing its critical minerals sector. According to him, Kyrgyzstan’s deposits of antimony, beryllium, molybdenum, bismuth, zinc, silver, and other critical minerals represent significant commercial and strategic value for global industries, particularly in energy, electronics, and advanced manufacturing. State-owned companies, including Kyrgyzgeology, are leading exploration and development efforts, supported by government incentives and an open-door policy toward international collaboration. Strategic sites are being actively promoted for joint ventures and direct foreign investment. Mashiev emphasized that Kyrgyzstan’s strategy places a strong focus on high ESG standards, aiming to ensure environmentally responsible development, social transparency, and meaningful benefits for local communities. The government’s objective is to position the country as a competitive and responsible supplier of critical minerals essential to global green transition technologies. Kyrgyzstan’s ambitions are backed by substantial geological potential. Speaking at the International Forum on Critical Minerals 2025 in Seoul in May, Deputy Minister Marat Jusupbekov noted that the country is home to 11 deposits of rare earth elements, positioning it as an increasingly attractive destination for global investors. One of Kyrgyzstan's most valuable assets is the Kutessay II deposit, which contains more than 63,300 tons of rare earth metals, along with molybdenum, silver, bismuth, lead, and zinc. The government is promoting joint development of this deposit in tandem with the nearby Kalesai beryllium site, which holds an estimated 11,700 tons of beryllium. Both sites are licensed to Kyrgyzgeology, which is actively seeking foreign investment partners. Jusupbekov also highlighted the potential of the Kyzyl-Ompol uranium-thorium group, including the Tash-Bulak area, where titanium-magnetite reserves are estimated at 5.5 million tons. This project is licensed to Kyrgyzaltyn, the country’s largest gold mining enterprise. With global demand for critical minerals rising due to the renewable energy transition and growth in advanced manufacturing, Kyrgyzstan’s latest agreements and strategic initiatives aim to position the country as an emerging player in this fast-evolving, high-value market.

Kazakhmys Partners with Freedom Cloud to Modernize IT Infrastructure

Kazakhmys, the world’s largest copper producer, has signed a memorandum of cooperation with Kazakh IT company Freedom Cloud to implement advanced digital technologies in its operations. The agreement outlines plans to modernize Kazakhmys’ IT infrastructure, introduce cloud-based solutions, and integrate artificial intelligence (AI) into production processes. Company representatives say that transitioning to a cloud architecture will allow computing and network resources to be consolidated into a unified digital system, enhancing data protection and ensuring uninterrupted operation of critical systems. Nurakhmet Nuriev, Chairman of the Board of Kazakhmys Corporation LLP, emphasized that the company is ready to outsource non-core IT functions to professional service providers without compromising system reliability. A pilot project will be launched from January to June 2026 to test the new cloud infrastructure and digital services. Freedom Cloud will provide Tier III infrastructure with backup systems, cybersecurity safeguards, and 24/7 monitoring. The infrastructure will support AI-driven production management tools and DevOps practices to accelerate the rollout of digital solutions. “We are creating an infrastructure that will enable Kazakhmys not only to increase operational efficiency, but also to set an example for the entire mining and metallurgical industry in the use of AI and cloud platforms,” said Freedom Cloud CEO Temirlan Zinalabdin.

Kazakhstan and Israel Strengthen Cooperation on Water Resource Management

On November 11, Kazakhstan’s Minister of Water Resources and Irrigation Nurzhan Nurzhigitov and Israel’s Minister of Regional Cooperation David Amsalem signed a memorandum of cooperation to deepen bilateral ties in the field of water resource management. The agreement outlines joint efforts in modernizing Kazakhstan’s water management infrastructure, improving water use efficiency, implementing water-saving and reuse technologies, and exchanging expertise in innovation and technology, particularly in the collection, management, and processing of remote sensing data. The memorandum also covers cooperation in the digitalization of water resource monitoring, flood and drought risk management, scientific and technical collaboration, and specialist training programs. As part of the visit, the ministers held talks with representatives of leading Israeli companies to explore partnerships on introducing water-saving technologies in Kazakh agriculture and training Kazakh specialists at Israeli enterprises. “Israel has extensive experience in water resource management under challenging climatic conditions and offers advanced technologies,” said Minister Nurzhigitov. “We are interested in long-term, mutually beneficial cooperation to modernize Kazakhstan’s water sector across the board, including the digitalization of water metering and distribution, deployment of cutting-edge water-saving systems, use of modern data collection methods, and professional development of our specialists.” Israeli firms have previously expressed interest in participating in the construction and reconstruction of reservoirs in Kazakhstan, and in supplying the country with modern flood forecasting and protection systems. Kazakhstan’s Ministry of Water Resources and Irrigation plans to build 20 new reservoirs by 2030, with a combined capacity of 2.5 billion cubic meters. The project is expected to reduce the country’s reliance on upstream water sources from Kyrgyzstan and China by 25%, mitigate drought in southern regions, and lower flood risks for 70 rural settlements with a combined population of nearly 140,000. Additionally, irrigation will be expanded to cover another 250,000 hectares of farmland. The ministry also plans to reconstruct 15 existing reservoirs, adding another 1.9 billion cubic meters in water storage capacity.

Kyrgyzstan Moves to Develop Local Lithium Battery Production

On September 26, the Kyrgyz Ministry of Economy and Commerce signed a memorandum of cooperation with Russian state atomic energy corporation Rosatom, Energy Solutions Kyrgyzstan LLC, and Elbrus Construction Company LLC to explore the development of lithium battery and energy storage system production in Kyrgyzstan. According to the ministry, the agreement outlines joint efforts to analyze the domestic lithium battery market, prepare proposals for localized production, and implement projects focused on energy storage solutions within the country. The initiative is expected to attract high-tech investment, generate new jobs, and contribute to Kyrgyzstan’s energy independence. It also supports the development of clean and sustainable energy technologies. The project is particularly relevant as the number of imported electric vehicles (EVs) in Kyrgyzstan continues to rise, alongside government plans to localize EV assembly. The initiative aligns with the country’s broader strategy to promote eco-friendly transport options and reduce air pollution, especially in urban areas such as Bishkek. In a related development, the Ministry of Economy and Commerce signed a memorandum of understanding in June with South Korean companies EVSIS, NGS, and the Korea Automobile Environment Association. That agreement focuses on expanding EV charging infrastructure in Bishkek. As The Times of Central Asia previously reported, South Korean stakeholders also plan to launch production of EV charging stations in Kyrgyzstan. The project aims to establish a local manufacturing facility and develop a nationwide charging network across major cities and regions.