• KGS/USD = 0.01172 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09391 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01172 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09391 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01172 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09391 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01172 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09391 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01172 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09391 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01172 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09391 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01172 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09391 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01172 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09391 0%
  • UZS/USD = 0.00008 0%

Viewing results 1 - 6 of 223

EDB to Finance Mountain Resort in Kyrgyzstan

On July 10, the National Investment Agency under the President of the Kyrgyz Republic, Vasta Discovery LLC, and the Eurasian Development Bank (EDB) signed a trilateral Memorandum of Cooperation on the construction of the Baytik mountain resort, an all-season tourism cluster in Kyrgyzstan’s northern Chui region. The EDB will act as the project’s creditor but the amount of the planned investment has yet to be declared. Following the signing of the agreement, Sergey Ignatov, EDB’s Senior Managing Director stated, "As a multilateral development bank, the EDB performs its investment activities so as to contribute to the economic growth of its member countries, the expansion of trade and economic ties, and the development of integration processes in the Eurasian space. Apart from its obvious integration potential, the Baytik Mountain Resort project is also expected to contribute to the development of tourism, an important sector of the Kyrgyz economy, which will have a positive impact on related industries and cultural exchange in Eurasia, and will become a significant growth point in this region." Talantbek Imanov, Director of the National Investment Agency highlighted the fact that the Baytik Mountain Resort represents the first foray into cooperation in Kyrgyzstan’s  tourism infrastructure and outlining the project, announced: "The future resort includes 15 cable cars, 36 ski slopes exceeding 57 km, 4 tourist villages and a ski complex that meets the requirements of international top class competitions, including the Olympic Games and World Cup alpine skiing and snowboarding events.” The Baytik Mountain Resort will be constructed and developed by Vasta Discovery, a company with extensive experience in implementing large-scale tourism infrastructure projects. Emphasizing his company’s firm commitment to the project, Sergey Bachin, CEO of Vasta Discovery confirmed, "We are confident that there will be domestic demand for the resort and its services and that it will also become an important attraction for foreign tourists and inspire them to visit Kyrgyzstan."  

Uzbekistan: Bukhara Administration Denies Relocation of “Eternal Bukhara”

Previously, The Times of Central Asia reported in an article titled "Land Cleared for Tourism next to Old Bukhara; UNESCO Urges Pause" that the construction of "Eternal Bukhara," a tourist facility in the Bukhara region of Uzbekistan, had sparked protests from locals and UNESCO alike. Recently, rumors spread on social media claiming that the "Eternal Bukhara" project is proceeding on the city's outskirts despite public objections. However, the Bukhara city administration has now provided official information to clarify the situation. According to the regional administration, these reports are false. They assert that the construction of the cultural ethnographic park "Eternal Bukhara" is progressing systematically. Most of the old and dilapidated buildings in the area have been dismantled, and the construction site is now 90% ready. Additionally, the Bukhara regional administration have stated that previous dismantling work was completed without affecting the population or surrounding structures, whilst adhering to technical safety regulations. Nearly 70% of the work has reportedly already been completed. The administration also noted that the project documents for "Eternal Bukhara" are being finalized in collaboration with renowned historians, scientists, cultural heritage experts, and international project organizations.

Tourist Accommodation Booms in Kazakhstan

The Kazakh Ministry of Tourism and Sports has announced that revenue generated by Kazakhstan’s hotels, recreation centres, guest houses, hostels and other accommodation facilities exceeded $104 million in the first quarter of 2024, an 18% increase compared to the same period in 2023. Between January-March, Kazakhstan opened 156 new accommodation facilities, bringing the total to 4,004 and increasing capacity by 7 thousand beds, to 207 thousand beds. During this period, most tourists stayed in the cities of Almaty, Shymkent, and Astana, and in the regions of Almaty, Akmola, and Mangistau. Hailing the increase in hotels and other types of accommodation a demonstration of the growing interest in Kazakhstan as a tourist destination, Nurtas Karipbaev, Chairman of the Tourism Industry Committee stated, “We continue developing the tourism infrastructure and improving the quality of services to make the stay of our guests as comfortable as possible.” At a government meeting on the development of the country’s tourism industry last month, President Kassym-Jomart Tokayev named the mountain cluster of the Almaty region, Caspian Sea beaches in the Mangistau region, and the Shchuchinsk-Borovoye resort in the Akmola region, the most promising destinations for tourism in Kazakhstan. The president added that the city of Almaty, the main centre for tourism development in Kazakhstan, accounts for a quarter of the total tourist flow, including half of the country’s foreign tourists.  

Travel Guide to Kazakhstan, Kyrgyzstan, and Uzbekistan Presented in Seoul

A presentation of the book, A Travel Guide to Three Countries of Central Asia, took place in the capital of South Korea on July 2, and was attended by the heads of the diplomatic missions of Kazakhstan, Kyrgyzstan, and Uzbekistan, as well as representatives of leading South Korean tour operators, airlines, and journalists, the Kazakh Foreign Ministry has reported. During the event, Korean writer Seo Byung Yong spoke in detail about his book, which describes the unique tourist destinations of the region. The author spoke about the huge potential for tourism development in Central Asia, noting the visa-free regimes, the availability of direct flights, and the rich gastronomic culture and variety of destinations. Speaking at the event, the Ambassador of Kazakhstan to the Republic of Korea, Nurgali Arystanov, emphasized the importance of expanding cooperation in the field of tourism, and invited Korean citizens to visit the 5th World Nomad Games, which will be held in Astana from September 8 to 13, 2024. The Executive Director of the Central Asia - Republic of Korea Cooperation Forum’s Secretariat, Rhee Jong Kook, spoke of the importance of further strengthening cooperation with the countries of Central Asia in light of the recently adopted K-Silk Road strategy, as well as the successful negotiations of President of South Korea, Yoon Suk Yeol, with the President of Kazakhstan and leaders of other Central Asian nations.

TikTok Tourism in Kazakhstan

On June 24, Minister of Tourism and Sports of Kazakhstan Ermek Marzhikpayev met Dmitry Pylev, TikTok’s representative and head of government relations in Central Asia, to discuss the joint success of TikTok and KazakhTourism's promotion of tourism in Kazakhstan via the popular online platform. As reported by the Ministry of Tourism and Sports, the parties focused on the large-scale initiative #GuideAcrossKazakhstan including video guides to attractions, cultural sites, and gastronomic tourism throughout the country. Dmitry Pylev noted that #GuideAcrossKazakhstan, dedicated to domestic tourism, has become TikTok’s most popular segment in Kazakhstan, gathering over 4,000 videos and some 2.5 million users. This is not the first successful project implemented by TikTok in partnership with KazakhTourism. Last year’s launch of #TravelKazakhstan which provided professional guided tours around the country and opportunities for users to share videos of their favourite places, attracted almost 25 million views. Praising the initiatives, the ministry stated that they not only boosted the development of domestic tourism, but also had a significant impact on popularizing Kazakhstan’s cultural heritage internationally.    

Alleged Arson: Greek Authorities Detain Crew of Pleasure Boat Carrying Kazakh Tourists

The Greek authorities are investigating a forest fire on Hydra Island that was allegedly caused by fireworks that were launched from a luxury boat carrying tourists from Kazakhstan. The captain and 12 crewmembers of the vessel Persephone face arson charges in connection with the fire that broke out on Friday night, Greek media has reported. Citing Greek police, Kazakhstan’s foreign ministry said no Kazakh citizens have been detained “and no claims were made against them either,” according to the official Kazinform News Agency. The Persephone headed in bad weather to a marina after the fire broke out Friday and the 17 Kazakh passengers left Greece from the international airport in Athens on Saturday morning, reported Proto Thema, a Greek newspaper. “The fire of Hydra endangered the island, burned 300 acres and our firefighters made superhuman efforts to contain it. The case is before the Piraeus Public Prosecutor's Office and it remains to be proven what exactly happened,” said Vassilis Kikilias, Minister of Climate Crisis and Civil Protection in Greece. The fire occurred in a pine forest in a remote area of Hydra, a popular tourist island. Residents expressed anger about the incident, which is among a number of wildfires that Greece has been battling amid high temperatures.