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ASTANA (TCA) — Turkey proposed a new logistics project that would reduce the time of goods delivery from Turkey to Kazakhstan’s western Atyrau Region. The project was presented by Turkish entrepreneurs at a Kazakh-Turkish forum which took place in Atyrau on October 27, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on its website. Continue reading
BISHKEK (TCA) — At the 15th Central Asia Regional Economic Cooperation (CAREC) Ministerial Conference in Islamabad, Pakistan on October 26, CAREC Ministers agreed to formulate a new long-term strategy for CAREC to enhance its relevance in the context of changing economic and development conditions, the Asian Development Bank’s press service said. Continue reading
BISHKEK (TCA) — The Asian Development Bank (ADB) has recently approved a loan and grant amounting to $95.1 million to rehabilitate a section of the North–South Alternate Road Corridor in Kyrgyzstan. Continue reading
BISHKEK (TCA) — Today, east-west rail links are considered at least as important as maritime power. The various branches included in China’s ambitious plan to install a hardware network, in which rail and road links are crucial, face various problems, though. The problems include the failure of different players in the complex game, in particular Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan, to come to a joint agreement to eliminate border hubs for transit traffic – not to speak of battlefield Afghanistan. This, as well as other factors, makes land routes more complicated and thereby more expensive than wished for. Continue reading
DUSHANBE (TCA) — The Asian Development Bank (ADB) and Tajikistan have agreed on a new 5-year partnership strategy to promote more sustained and inclusive growth that is less susceptible to external shocks, and create higher-paying jobs, ADB’s country office in Tajikistan said on September 23. Continue reading
ALMATY (TCA) — China’s ambitious plan to install a hardware network, in which rail and road links are crucial, to get its economic clout stretch all across the mega-continent straight to western Europe looks at three main strings: across Siberia in the north, Central Asia in the middle, and the Indian Ocean’s coastal states in the south. Most of the headaches encountered in the process concern the middle route. Continue reading
