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ASTANA (TCA) — Kazakhstan’s Zhol Zhondeushi Company LLP has purchased the Serbian company ZGOP a.d. (Novi Sad), the only company performing capital overhaul and construction of railways in Serbia, the Ministry for Investments and Development of Kazakhstan said. Continue reading
ASTANA (TCA) — During the visit of Kanat Alpysbayev, the head of Kazakhstan’s national railway company Kazakhstan Temir Zholy (KTZ), to Iran on February 6, documentation was updated for the establishment of a joint venture between KTZ Express (a subsidiary of KTZ) and Islamic Republic of Iran Shipping Lines (IRISL), the KTZ press service reported. Continue reading
ASTANA (TCA) — On February 5 the first batch of Kazakh grain was shipped through the port of Lianyungang in China to the port of Ho Chi Minh city in Vietnam. The pilot shipping of grain was implemented by multimodal company KTZ Express, a subsidiary of Kazakhstan’s national railway company Kazakhstan Temir Zholy (KTZ), together with LLC ‘Chinese-Kazakhstan international logistics company of Lianyungang city’, KTZ press service reported. Continue reading
BISHKEK (TCA) — The capital of Kyrgyzstan, Bishkek, is playing an important role in the country's economy, accounting for 38.6% of the national GDP and 15.5% of industrial production. Foreign direct investment in Bishkek was 58.7% of the country’s total FDI in 2016, Vice Prime Minister of Kyrgyzstan Oleg Pankratov said on January 25 at the Bishkek municipality’s meeting to review the city’s socio-economic results for 2016. Continue reading
ALMATY (TCA) — The United States Agency for International Development (USAID) and Germany’s GIZ international cooperation agency on January 17 co-hosted a forum in Almaty, Kazakhstan to help facilitate better regional cooperation on transport and transit. USAID’s recently launched ‘Competitiveness, Trade, and Jobs in Central Asia’ activity and the GIZ ‘Support to Regional Trade in Central Asia Program’ are seeking to improve regional connectivity and increase economic growth in Central Asia. Continue reading
ASHGABAT (TCA) — President of Turkmenistan Gurbanguly Berdymukhammedov on January 16 inspected the course of construction of Turkmenbashy international port on the Caspian coast, which is to become the main sea gate of the Central Asia region, the State News Agency of Turkmenistan reported. Continue reading
