Construction of two plants worth a total of $305 million has begun in Kazakhstan’s Zhambyl Region. Zhambyl Region Akim Erbol Karashukeyev participated in a capsule-laying ceremony at the construction site of a solid waste disposal plant and a metallurgical plant, which will be built in the Taraz Industrial Zone, according to Kazakh Invest. The solid
On July 24, Prime Minister of Kazakhstan Olzhas Bektenov and Prime Minister of Uzbekistan Abdulla Aripov took part in the first meeting of the Council of Heads of Regions of Kazakhstan and Uzbekistan, which was held in the Kazakh city of Aktau. Bektenov noted that Kazakhstan attaches special importance to the comprehensive development of strategic
Kazakhstan President Kassym-Jomart Tokayev and Russian President Vladimir Putin took part in the plenary session of the 22nd Russia-Kazakhstan Interregional Cooperation Forum, “Forming a Global Logistics Ecosystem: New Horizons for Russia-Kazakhstan Cooperation.” The Forum was held in Omsk, Russia on July 24–25. Its participants included deputy prime ministers, heads of ministries and departments, heads of regions of the Russian Federation and Kazakhstan, and representatives of business and expert communities of both countries. On the sidelines
On July 23, the headquarters of the General Confederation of Moroccan Enterprises (CGEM) hosted the first-ever meeting of the Kazakhstan–Morocco Business Council in Casablanca. The event brought together Deputy Minister of Foreign Affairs of Kazakhstan Alibek Kuantyrov, President of CGEM Mehdi Tazi, Ambassador of Kazakhstan to Morocco Saulekul Sailaukyzy, and representatives of companies from Kazakhstan and Morocco. Deputy
During his visit to Shanghai from July 15–17, Kazakhstan President Kassym-Jomart Tokayev held talks with Chinese President Xi Jinping, participated in the World Artificial Intelligence Conference (WAIC), and witnessed the signing of more than 70 Kazakh-Chinese commercial documents worth over $15 billion. Over the past twenty years, China has come to Kazakhstan primarily for oil,
Chinese President Xi Jinping and Kazakh President Kassym-Jomart Tokayev met on July 16 in Shanghai, where Tokayev arrived to attend the 2026 World Artificial Intelligence Conference and High-Level Meeting on Global AI Governance. During the meeting, Xi said that the China-Kazakhstan permanent comprehensive strategic partnership has maintained strong momentum, demonstrating enormous potential for cooperation and
On July 16, Deputy Minister of Foreign Affairs of Kazakhstan Alibek Kuantyrov held a meeting with representatives of the Austrian dairy cooperative Berglandmilch and the Greek company Desserta Hellas. The parties discussed prospects for establishing dairy production in Kazakhstan. The project is being developed within the framework of the Kazakhstan-Greece bilateral investment agenda. Various implementation models are
On July 15, President Shavkat Mirziyoyev listened to reports on the implementation of agreements reached during his visit to Belarus to expand cooperation between regions of both countries. During Mirziyoyev’s official visit to Belarus on July 8-9, agreements were reached to increase mutual trade to $2 billion, as well as to implement 310 joint projects
On July 14, President of Uzbekistan Shavkat Mirziyoyev received an Italian delegation led by Eugenio Giani, Governor of the Tuscany region, who is in Uzbekistan on a working visit. The parties discussed the further development of the Uzbek-Italian strategic partnership, primarily in the trade, economic, investment, and cultural-humanitarian spheres. Particular attention was paid to expanding
On July 13, President Shavkat Mirziyoyev officially launched a new casting and rolling complex at the Uzbek Metallurgical Plant in the city of Bekabad. The new casting and rolling complex will go down in history as Uzbekistan’s first facility for the production of hot-rolled steel sheets. Once fully operational, the complex will produce 1 million
IFC, a member of the World Bank Group, says it is investing in Umai Group, Kyrgyzstan’s largest grocery retailer, to create more and better jobs, improve food distribution, and expand access to affordable, quality food across the country. Umai Group is the country’s leading grocery retailer, with more than 24 years of experience in developing
On July 7, the President of Tajikistan, Emomali Rahmon, inaugurated the Antimony Metallurgical Plant of the Talco Gold Closed Joint-Stock Company in the Sughd Province. The enterprise is equipped with modern production technologies, and its annual capacity is up to 5 thousand tons of processing and production of antimony metal. The commissioning of this production
Uzbekistan can unlock significant private investment, create more and better jobs, and accelerate its transition to a more competitive, private sector-led economy by advancing reforms in logistics, tourism, and pharmaceuticals, according to IFC, a member of the World Bank Group. A new Country Private Sector Diagnostic (CPSD) for Uzbekistan, released by the World Bank Group,
International investor interest in Central Asia and the Caucasus is rising rapidly, according to a new Investor Perception Report released by Montfort Eurasia. New data shows that interest from US and UK investors in the region has tripled since 2023 – despite lingering concerns over political stability and investment security. Investors showed particular interest in
A “Republic of Kazakhstan – United States of America” Business Roundtable was held in Astana last week, bringing together representatives of government agencies, the business community, international corporations, financial institutions, and expert circles from both countries. The event served as an important platform for discussing a new stage of Kazakhstan-U.S. economic cooperation based on investment,
The Uzbekistan–Georgia Business Forum was held in Tbilisi on July 1, providing a platform for advancing bilateral trade, investment and industrial cooperation between the two countries. The event brought together government officials, financial institutions and business leaders from Uzbekistan and Georgia to explore new opportunities for economic partnership, according to the Uzbek Ministry of Investments,
The “Investing in Central Asia: Opportunities and Partnerships” session dedicated to attracting capital from the Gulf countries and China was held on the second day of the Eurasian Development Bank’s (EDB) Annual Meeting and Business Forum in Almaty last week. Ruslan Dalenov, Deputy Chairman of the EDB Management Board, noted that the Bank envisages five
An Afghan–Kyrgyz Forum was held in Bishkek with the participation of business representatives from both countries, including officials of the Islamic Emirate of Afghanistan and the Kyrgyz government, TOLOnews reported. Addressing the forum, Abdul Shakoor Haqqani, acting head of the Afghan Embassy in Bishkek, emphasized expanding bilateral cooperation in trade, investment, and transportation. An agreement
During his working visit to China on June 23, Prime Minister of Kazakhstan Olzhas Bektenov held a meeting with Premier of the State Council of China Li Qiang. The parties discussed the implementation of agreements reached at the highest level, as well as prospects for further strengthening Kazakh-Chinese cooperation, including trade development, expansion of investment
The European Investment Bank (EIB) on June 18 opened its Regional Representation for Central Asia in Tashkent, bringing its teams closer to partners and projects throughout the region, the bank said. The office was inaugurated by EIB Vice-President Marek Mora, who highlighted the bank’s growing engagement in Central Asia and its expanding pipeline of investments