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ASTANA (TCA) — LG Chem, South Korea’s largest chemical company, said it has decided to scrap a plan to jointly build a $4.2 billion petrochemical plant in Kazakhstan due to the continued slump in global oil prices, The Korea Times reported late in January. Continue reading
ASTANA (TCA) — Investors from China support the idea of construction of Kazakhstan’s fourth oil refinery in the western Mangistau province, Novosti-Kazakhstan news agency reported citing Mangistau province Governor Alik Aidarbayev. Continue reading
ASTANA (TCA) — The European Bank for Reconstruction and Development (EBRD) is continuing to support the Green Economy drive in Kazakhstan by financing a new, cleaner and more energy-efficient gas-fired electricity generating plant in Atyrau, a harbour city on the Caspian Sea and a regional capital in western Kazakhstan. Continue reading
BISHKEK (TCA) — Editor’s note: We are glad to publish an essay of a young Indian journalist, from the South Asian University of New Delhi. The essay shows how modern infrastructure is trying to resolve old problems in an integrated effort of several countries while requiring worldwide attention for a balanced and peaceful development of Central Asia, the “heartland” between Europe, Russia and China. Continue reading
TASHKENT (TCA) — Uzbek-Singaporean joint venture Uzindoramagaschemical has suspended the project to build a gas-chemical plant worth US $2.5 billion in the Kashkadarya province in southern Uzbekistan, Novosti Uzbekistana news agency reported. Continue reading
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
