On October 16, President Shavkat Mirziyoyev reviewed proposals for new economic opportunities by using space monitoring. Today, the goal is to use space analysis to identify new opportunities that could provide a strong impetus to economic development. Hundreds of mineral deposits are auctioned annually in the country. Last year alone, 170 deposits were sold at
On October 16, a Government meeting discussed the implementation of the President’s instruction on streamlining the course of the economic reform program in the interests of citizens. The meeting adopted the following decisions.
The Asian Development Bank (ADB) and Indigo Tajikistan Closed Joint Stock Company (Tcell) have signed a $30 million equivalent local currency financing agreement to expand and modernize mobile connectivity in Tajikistan. The project marks ADB’s first nonsovereign loan in the country. “This project represents a significant milestone in our partnership with Tajikistan. It is a testament of
On October 15, President of Uzbekistan Shavkat Mirziyoyev held a meeting with the heads of leading Saudi Arabian companies. The event was attended by the Kingdom’s Minister of Investment Khalid Al-Falih, heads of prominent companies and corporations, including Acwa Power, Al Muhaidib Group, Vision Invest, Data Volt, Riyadh Cables, AlMajdiah, InterHealth, Saudi Tabreed, AlBawani Holding,
Deputy Prime Minister–Minister of National Economy Serik Zhumangarin presented Kazakhstan’s investment and economic potential to American businesses in Washington, D.C., during a roundtable of the U.S.–Kazakhstan Business Council (USKZBC) at the U.S. Chamber of Commerce. Zhumangarin noted that Kazakhstan and the United States maintain a high level of economic relations. More than 600 enterprises with
Despite being landlocked, Central Asia has turned into a key transit hub in Eurasia due to its strategic location at the heart of the vast continent and the implementation of major transport infrastructure projects. According to the Eurasian Development Bank (EDB), from 2020 to 2024 transit freight volumes through the Central Asian region increased by
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Uzbekistan in strengthening public sector efficiency, advancing economic governance, and accelerating the country’s integration into the global economy. The Economic Management Improvement Program (Phase 2) builds on earlier reform efforts and supports a new generation of institutional measures to improve
On October 13, President Shavkat Mirziyoyev reviewed measures aimed at digitalizing the water sector and improving the system of water resources’ management. The President ordered to accelerate the digitalization processes in the industry, fully automate accounting and reporting, improve the efficiency of local services, and expand the practice of public-private partnerships. Today, the country has
The 2025 irrigation season has ended in Kazakhstan. According to the Ministry of Water Resources and Irrigation, the agricultural sector used 11.01 billion m³ of water, with 98% of the total volume consumed in the country’s arid southern regions. During the irrigation season, the Almaty region used 1.6 billion m³ of water to irrigate 136,000
North China’s Shanxi Province recently launched its first rail-road intermodal freight train along the China-Kyrgyzstan-Uzbekistan intermodal transport corridor, marking the start of a new international logistics route linking the province with Central Asia, Xinhua reported with reference to China Railway Taiyuan Group Co., Ltd. The launch of the route highlights Shanxi’s economic transition from being
Askhat Khasenov, Chairman of the Management Board of KazMunayGas (KMG), Kazakhstan’s national oil and gas company and Johannes Bremer, General Director of Rosneft Deutschland GmbH have extended the current agreement for Kazakh oil supplies to Germany until the end of 2026. The new agreement increases monthly oil deliveries from 100,000 to 130,000 tons. Additional oil
In the Forish district of Uzbekistan’s Jizzakh region, a press tour was organized to the construction site of the Small Modular Nuclear Power Plant (SMNPP), where media representatives were introduced to the implementation process of this strategic energy project. Journalists inspected several key facilities, including:— the excavation site for the first reactor unit, where vertical leveling
The Uzbek Minister of Digital Technologies, Sherzod Shermatov, held a meeting with representatives of the U.S. company Amazon Kuiper. The parties explored opportunities for cooperation in developing digital infrastructure and improving broadband Internet services in Uzbekistan. Following the meeting, a Memorandum of Understanding (MoU) was signed between the Ministry of Digital Technologies and Amazon Kuiper
Afghanistan has granted official licenses to Uzbek companies to conduct geological research in Afghanistan and extract hydrocarbon resources such as oil and gas, TOLOnews reported. The Afghan Ministry of Mines and Petroleum confirmed the cooperation, saying that several contracts have been signed with both domestic and foreign companies — particularly with Uzbek companies — for
The European Bank for Reconstruction and Development (EBRD) is contributing to the development of sustainable municipal infrastructure in Tajikistan by financing two projects collectively worth over €10.5 million ($12.3 million). Signed during a visit by EBRD Vice President for Policy and Partnerships Mark Bowman to the country’s capital, Dushanbe, the financial package will consist of the following: A sovereign loan of
On October 8, Aidar Abildabekov, Vice Minister of Trade and Integration of Kazakhstan, met with Khurram Teshabayev, Deputy Minister of Investment, Industry, and Trade of Uzbekistan. It was noted at the meeting that Uzbekistan remains one of Kazakhstan’s priority trading partners in Central Asia. The two countries are consistently working to achieve the mutual trade
A Government meeting on October 7, chaired by Prime Minister Olzhas Bektenov, discussed measures to reduce the shadow economy. “The Head of State has set the goal of reducing the share of the shadow economy in GDP to 15% this year. We must continue striving for a consistent decline in this indicator. We need a
Kyrgyzstan continues experiencing steady economic growth, supported by rising state revenues, growing foreign investment, and expanding small and medium-sized business sector. At a government meeting on October 6, Chairman of the Cabinet of Ministers Adylbek Kasymaliyev stated that in January–September 2025, state budget revenues totaled 722.9 billion soms, 23.8 billion or 3.4% more than planned.
The 2025 Human Development Report was launched in Kazakhstan at the Digital Bridge 2025 forum last week. The United Nations Development Programme (UNDP) Kazakhstan organized a panel session titled “The Power of Choice: Human Development at the Crossroads of Artificial Intelligence.” The event brought together diplomats, government officials, academics, civil society, educators, and thought leaders
On October 6, President Shavkat Mirziyoyev reviewed plans for the development of artificial intelligence technologies in Uzbekistan and their broad implementation across the economy and social sectors. Today, artificial intelligence is becoming one of the key tools in various sectors, including the economy, education, healthcare, security, and other vital areas. Its application contributes to improving
