The Kazakhstan-Vietnam Business Roundtable was held in Astana on May 6 with the participation of officials, representatives of business and government agencies of the two countries. The event was held in the framework of the visit of the delegation of the Socialist Republic of Vietnam led by General Secretary of the Central Committee of the
Kazakhstan is taking another step toward fostering international business. At the initiative of the Ministry of Foreign Affairs of Kazakhstan new regulations have been approved for obtaining an investor visa, aimed at enhancing the country’s investment appeal and supporting long-term business partnerships. Under the new framework, foreign nationals who invest a minimum of 300,000 US
On April 30 in London, the Ambassador of the Kyrgyz Republic to the United Kingdom, Ulan Djusupov, held a meeting with Lord John Alderdice, the UK Trade Envoy to Azerbaijan and Central Asia. During the meeting, the parties discussed prospects for expanding Kyrgyz–UK trade, economic, and investment cooperation. Ambassador Djusupov briefed the Trade Envoy on
On April 28, the plenary session of the fifth exhibition “INNOPROM. Central Asia – 2025” was held in Tashkent. INNOPROM. Central Asia is an annual international industrial exhibition held in the capital of Uzbekistan since 2021. “INNOPROM. Central Asia – 2025” covers an area of 18,000 square meters, with 4,143 square meters dedicated to Uzbekistan’s
On April 28, Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu and Stefano Manfredi, General Director of the Spanish company TUBACEX IBF Kazakhstan discussed the establishment in Kazakhstan of the first seamless pipe plant in Central Asia, producing pipes from stainless steel and nickel alloys. The project aligns with Kazakhstan’s strategic
The 4th meeting of the Uzbek-Chinese Working Group on Investment Cooperation was held in Tashkent on April 24. The meeting reviewed progress made in the investment sector. It was noted that the total volume of bilateral investments exceeded USD 10 billion in 2024, marking a 2.5-fold increase compared to 2023. Key discussion areas included: Strengthening investment and financial
On April 23, Laziz Kudratov, the Minister of Investments, Industry and Trade of Uzbekistan, participated in an international business forum held in Jizzakh. The event was organized as part of President Shavkat Mirziyoyev’s initiative to actively promote regional investment opportunities. The forum brought together senior representatives from ministries, government agencies, industry associations, and local authorities, along
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.,
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
On April 14, a meeting was held at the Ministry of Foreign Affairs of the Kyrgyz Republic between Deputy Minister of Foreign Affairs Erkinov and the delegation of UK Export Finance (UKEF) headed by Ms. Shebnem Alp. The meeting was also attended by British Ambassador to Kyrgyzstan Nicholas Bowler. The parties discussed key areas of
On March 29, the Ministry of Investment, Industry and Trade of Uzbekistan held a briefing on the upcoming Tashkent International Investment Forum, one of the most significant international events in the country’s economic landscape. Minister of Investment, Industry and Trade Laziz Kudratov announced that the IV Tashkent International Investment Forum will take place from June
The Afghan Ministry of Mines and Petroleum says that the largest investments in Afghanistan’s mining sector have been made by companies from Uzbekistan, China, Turkey, and Iran, TOLOnews reported. Hayatullah Afghan, spokesperson for the Ministry of Mines and Petroleum, stated that the total value of these investments is estimated at $8 billion. These companies have
In the following article published in the latest issue of OCA Magazine, the magazine’s Editor-in-Chief, Nick Rowan, analyzes the investment landscape and offers forecasts for the future state of investment in Central Asia and the CIS: Things are moving fast in Central Asia and the former Soviet Union (CIS) countries. The investment landscape has undergone
Prime Minister of Kazakhstan Olzhas Bektenov last week met with Zeng Zhaoqiang, the Chairman of the Board of Fujian Hengwang Investment Co., Ltd, one of the leading metallurgical companies in China. The meeting discussed the construction of a metallurgical plant with a capacity of 3 million tons of steel on the territory of the special
Understanding Uzbekistan Investment Law Changes On January 23, the Senate (upper house) of the Oliy Majlis (Uzbek parliament) approved a new edition of the Law “On Investments and Investment Activities”. Developed jointly with experts from the World Bank and the International Finance Corporation, the document ensures that investment legislation complies with international standards, including the
On December 11, Kazakhstan Prime Minister Olzhas Bektenov held a meeting of the Board of Directors of JSC National Company Kazakh Invest to review the results of the company’s work and plans for further attraction of investments into the country’s economy. Chairman of the Board of NC Kazakh Invest JSC Yerzhan Yelekeyev reported that this
On November 27, Uzbekistan President Shavkat Mirziyoyev chaired a meeting to discuss the current state of attracting foreign investment and plans for the next year. It was stated at the meeting that over the past 10 months, Uzbekistan has attracted more than $26 billion in foreign investment, a 1.7-fold increase compared to last year. These
Turkmenistan remains the only state in Central Asia with no free economic zones operating in the country. Although the Law on Free Economic Zones (FEZs) was enacted in Turkmenistan in October 2017, no free economic zones are known to be in operation, according to the U.S. Department of State’s 2024 Investment Climate Statements: Turkmenistan. The
On November 1, the VII Kazakhstan Global Investment Roundtable (KGIR-2024) was held in Astana under the “Global Investment Trends: A Vision of the Future” agenda. Speaking at the forum, Kazakhstan Prime Minister Olzhas Bektenov noted that the roundtable is a logical continuation of the meeting of the Foreign Investors’ Council, which was held the day
