In 2024, Kyrgyzstan received foreign direct investment (FDI) totaling $872.6 million, compared to $844.9 million in 2023, according to the National Statistical Committee. Most of the investments came from China (23.9%), Russia (22.7%), Turkey (10.2%), Luxembourg (8.8%), Kazakhstan (5.7%), the Netherlands (4.9%), Azerbaijan (3.4%), and other countries (20.4%). Compared to 2023, the inflow of FDI
During a visit to Japan on April 15, Turkmenistan President Serdar Berdimuhamedov met with representatives of the Japanese business community. From the Japanese side, the meeting was attended by the heads and representatives of the Turkmen-Japanese Economic Committee, Mitsubishi Corporation, Sumitomo Corporation, Komatsu Ltd., Toyo Engineering Corporation, Kawasaki Heavy Industries, Ltd., Sanko Seikа Co. Ltd.,
Kazakhstan’s national atomic company Kazatomprom has announced the signing of a landmark agreement with ČEZ, a. s. on the supply of Kazakh natural uranium concentrates for the Temelín nuclear power plant in the Czech Republic. The supply of Kazakh uranium during the next seven years can cover approximately one-third of uranium needs for Westinghouse-manufactured fuel
The European Bank for Reconstruction and Development (EBRD) says it is providing a working capital loan of up to $6 million (€5.7 million) to UzCarlsberg, boosting the company’s operational efficiency and contributing to higher food safety standards in Uzbekistan. UzCarlsberg, which has been a client of the Bank since 2022 and is the country’s only
The Migration Committee at Kazakhstan’s Ministry of Labor and Social Protection of the Population has conducted a study of the latest climate changes and their influence on migration processes in the country, Kazinform news agency reports. In the modern world, climate change is becoming one of the major factors influencing population mobility. Rising global temperatures,
Kazakhstan’s President Kassym-Jomart Tokayev has signed the country’s new Water Code, aimed at more efficient use and protection of water resources. Developed by the Ministry of Water Resources and Irrigation, the new code is based on five basic principles: The new code introduces the concept of “water security,” which guarantees the protection of citizens and
On April 14, Uzbekistan President Shavkat Mirziyoyev attended a presentation of the master plan of the Sea Breeze Uzbekistan international tourist center. It was earlier reported that Azerbaijani businessman Emin Agalarov and several other large investment companies plan to build an international tourist center, Sea Breeze Uzbekistan, on the shore of the Charvak reservoir in
Chairman of the Management Board of national investment promotion company Kazakh Invest, Yerzhan Yelekeyev last week met with President of China’s Shanghai SUS Environment Co., Ltd. Long Jisheng to discuss the construction of a waste-to-energy (WtE) plant in Almaty. Shanghai SUS Environment is a leading global provider of environmental and energy solutions and the number one company in
Both Kazakhstan and Kyrgyzstan have imposed temporary restrictions on the import of chicken eggs in efforts to support domestic producers. Kazakhstan imposed a six-month ban on the import of chicken eggs from April 9. The Kazakh Ministry of Agriculture said the decision is intended to support domestic producers during spring and summer, when demand for
Tajikistan’s economic growth is projected to remain robust in 2025 and 2026, supported by investment in energy and industry, strong consumer demand, and private sector development, according to the latest forecast by the Asian Development Bank (ADB). The growth, however, could be further boosted by a renewed focus on digital transformation and e-governance. The country’s
President of Uzbekistan Shavkat Mirziyoyev has signed a law on Uzbekistan’s accession to the Agreement Establishing the Eurasian Development Bank (EDB). Uzbekistan has become the seventh member of the Bank and its third largest shareholder with a 10% equity stake. The EDB’s other members are Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. “We welcome Uzbekistan’s
Economic growth in Kyrgyzstan is projected to moderate but remain robust at 8.5% in 2025 and 8.6% in 2026, according to the Asian Development Outlook (ADO) April 2025 report, the Asian Development Bank’s (ADB) flagship economic publication. “This growth forecast reflects strong private consumption, steady gains in remittances, and ongoing government investment projects,” said ADB Country Director
According to a new study by World Weather Attribution (WWA), in March 2025, Central Asia experienced an unusually intense heatwave, with temperatures reaching record highs across the region, reaching 30.8°C in Jalalabad in Kyrgyzstan, 29.4°C in Namangan and 29.1°C in Fergana in Uzbekistan, and minimum temperatures of 18.3°C in Shahdara, making it the hottest March night in
An ambitious project to grow olive trees and produce olive oil has taken an important step forward in Kazakhstan. On April 4, Kazakhstan’s Minister of Agriculture, Aidarbek Saparov and President of Georgia’s Global Olive Corporation, George Svanidze signed a memorandum of cooperation on the project and agreed to develop a roadmap determining the timetable and
The European Bank for Reconstruction and Development (EBRD) and the Food and Agriculture Organization of the United Nations (FAO) have joined forces to improve farmland management and strengthen food security in Kyrgyzstan. The two institutions have launched an initiative named Greening Kyrgyzstan’s Economy: Know More, Act Better, Enhance Results, which will foster climate-smart agriculture through the use
From October 2024 to April 1, 2025, Uzbekistan supplied 12.6 billion cubic meters of irrigation water to Kazakhstan, 1.7 billion cubic meters more than planned. Kazakhstan’s Minister of Water Resources and Irrigation Nurzhan Nurzhigitov announced this at an international climate forum in Samarkand, Uzbekistan on April 5. According to the Kazakh Ministry of Water Resources
Production of John Deere agricultural machinery and equipment has been officially launched at the Localization Center of the AGROMASH plant in the northern Kazakh city of Kostanay. John Deere is a world leader in the production of agricultural machinery, and the beginning of its manufacturing in Kazakhstan, the largest agricultural producer in Central Asia,
The European Bank for Reconstruction and Development (EBRD) has welcomed plans by a series of new investors to inject up to $110 million into Uzbekistan’s leading food retailer, Korzinka. In one of the largest private investments in the country in recent years, Abu Dhabi Uzbek Investment, and a consortium of Omani Sovereign investment funds, led
The Ministry of Ecology and Natural Resources of Kazakhstan, in collaboration with Zhasyl Damu JSC, and with the support of the World Bank, has launched the Partnership for Market Implementation Project aimed at advancing Kazakhstan’s carbon market and supporting the country’ transition to green and resilient growth, the World Bank reported. Kazakhstan has been a
In 2024, Bishkek municipal services shot 14,378 stray dogs in the Kyrgyz capital, raising criticism from animal rights activists who consider shootings an inhumane and ineffective way of solving the problem of stray animals. However, the Bishkek municipality insists that the city has no money for alternative solutions. According to the Bishkek municipality’s program for