Iran set to lay basis for non-oil economy
TEHRAN (TCA) — Iran expects to attract $45 billion in foreign investment this year as the country’s economy is opening up to global corporations, Iran’s PressTV news agency reports. Continue reading
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Kazakhstan looking for new partner for $4.1 billion gas-chemical project
ASTANA (TCA) — Kazakhstan is looking for a new partner for the second phase of construction of an integrated gas-chemical complex in the country’s Atyrau province after South Korea’s LG Chem Ltd has quitted the project, Kazakhstan’s Energy Ministry said in a report on the results of its work in 2015 and plans for 2016. Continue reading
Kazakhstan to slightly reduce coal and oil production in 2016
ASTANA (TCA) — Coal production in Kazakhstan will remain at 101.5 million tons this year despite difficulties with export, the Energy Ministry of Kazakhstan said on its website. Continue reading
Stratfor’s Global Intelligence: Week of Feb. 22, 2016
BISHKEK (TCA) — The Times of Central Asia presents to its readers Stratfor’s Global Intelligence, a weekly review of the most important events that happened in the world — from Europe to Middle East to Russia to Central Asia to Afghanistan to China and the Americas. Continue reading
Foreign investment in Kazakhstan’s economy on the decline
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
Iran’s oil industry needs $200 billion in investments
TEHRAN (TCA) — Iran has said it needs $200 billion in investments to revamp its oil industry, the country’s PressTV news agency reported. Continue reading
