The President of Uzbekistan has reviewed a presentation of projects being implemented in New Tashkent. Construction of the new city began in 2023, and the first buildings have already been erected. To realize large-scale plans, 19,700 hectares of land have been allocated in Yuqorichirchiq and Urtachirchiq districts. The project concept was developed by the British
Aranynektár Kft, the largest honey producer and exporter in Hungary, is considering the establishment of a joint honey production facility in Kazakhstan, according to Kazakh Invest national investment promotion company. A delegation of the Hungarian company, headed by its founder and CEO Ferenc Fulmer, visited Kazakhstan. Ulbosyn Sarybayeva, the foreign representative of Kazakh Invest in Hungary,
The Silk Road Electronics plant in Saran in Kazakhstan’s Karaganda region has begun production of TVs and washing machines under South Korea’s Samsung brand. The project is a result of joint efforts of the state, foreign investor, and private business. The new production will create new jobs, stimulate the development of related industries, attract investment,
The Afghan Ministry of Mines and Petroleum announced that the contract for the exploration and extraction of the Mes Aynak copper mine in Logar province has been extended for another 15 years, TOLOnews reported. This project was handed over to China’s MCC company 17 years ago, but significant progress in its extraction has yet to
Between August 15 and 18, a delegation of Uzbekistan headed by Minister of Investments, Industry and Trade Laziz Kudratov held negotiations in Tokyo and Osaka with the leadership of the Ministry of Economy, Trade and Industry of Japan (METI), the Japan Bank for International Cooperation (JBIC), the Japan International Cooperation Agency (JICA), as well as
China National Heavy Duty Truck Group (Sinotruk), a Chinese state-owned truck manufacturer, and Kazakhstan’s Saran Machinery have established a joint venture for the production of commercial and specialized vehicles in Kazakhstan. The founding agreement was signed on August 12 in attendance of Kazakhstan’s First Deputy Prime Minister Roman Sklyar. The new plant will be located
Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, Gabidulla Ospankulov, met in Astana on August 13 with Shimon Ben Hamo, Chairman of the Board of Directors of Dan Capital and Managing Director and Partner at ValueLBH Fund. The parties discussed implementing joint projects in Kazakhstan’s priority economic sectors. The talks
Kyrgyzstan and Central Asian Investment Holding, a subsidiary of Turkey’s İhlas Holding, have signed investment agreements on the construction of the Kazarman and Kokomeren hydroelectric power plant (HPP) cascades in Kyrgyzstan with a total capacity of 2,217 MW. The documents were signed on August 11 by Kyrgyz Energy Minister Taalaibek Ibrayev and Ahmet Mücahid Ören,
Deputy Minister of Foreign Affairs of Kazakhstan Alibek Kuantyrov held a meeting in Astana on August 8 with Chairman of the State Committee on Investment and State Property Management of Tajikistan Sulton Rahimzoda. The meeting took place as part of the 19th session of the Intergovernmental Commission on Trade and Economic Cooperation between Kazakhstan and
As part of his working visit to the Zhetysu Region on August 8, Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu held meetings with the leadership of China’s leading corporations – China Minmetals Corporation and CITIC Construction Co. Ltd. The discussions focused on the implementation of joint investment projects in key
Despite opposition from environmental activists, the government of Uzbekistan has approved the construction of the Sea Breeze Uzbekistan resort at the Charvak reservoir in the Tashkent region, granting the investor a land plot on a 25-year lease with an extremely low rental fee. The project, led by Azerbaijani developer Emin Agalarov, will include recreation areas, beaches,
Gabidulla Ospankulov, Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, held a meeting with Li Xiangdong, Deputy General Director of Tianjin Youfa Group, and San Wenxu, Deputy General Director of Hong Kong Friend International Cooperation Co., Ltd. The parties discussed an investment project to localize steel pipe production in Kazakhstan.
ROX Group, one of Vietnam’s largest private multi-sector holdings, has expressed strong interest in developing renewable energy projects in Kazakhstan, including the construction of large-scale energy facilities. The company is also considering participation in industrial and tourism infrastructure development initiatives, as well as exploring opportunities in the Kazakh banking and financial sectors, according to Kazakhstan’s
Uzbekistan continues to strengthen its strategic partnership with Hungary, with a focus on expanding trade, economic, and investment cooperation. A new milestone in this direction is the adoption of a presidential decree introducing additional incentives and preferences for Hungarian and European investors within the newly established Uzbekistan–Hungary Special Industrial Zone (SIZ), located in the Akhangaran
The Khan Tengri Innovation Hub, the first specialized platform for integrating the technological potential of Central Asian countries with the Chinese hi-tech ecosystem, opened on July 26 in the Zhangjiang Science City in Shanghai. The hub’s initiator was the Kazakhstani company Growth Vision Pro, supported by the Ministry of Digital Development, Innovation and Aerospace Industry
As part of the official visit of the President of Kazakhstan Kassym-Jomart Tokayev to Turkey, a number of commercial agreements were signed with the support of the national company Kazakh Invest. These agreements aim to implement joint investment projects in priority sectors of the economy. Among the key outcomes was the signing of an Investment
Kazakhstan is launching a unique project – GeoLab Eurasia, the first internationally certified full-cycle rock analysis laboratory in Central Asia. The new scientific and industrial center will enable high-precision analysis of ore composition and quality in accordance with international standards such as NI 43-101, JORC, and ISO/IEC 17025, according to Kazakh Invest. Establishing a modern
On July 22, Uzbek President Shavkat Mirziyoyev visited Jizzakh region and reviewed the operations of the Zaamin Technopark special industrial zone. The head of state initiated the construction of this complex on June 27 of last year. Within the framework of the project, which spans 400 hectares, a total of 31 investment projects worth $1.2
Italian agricultural organization Unione Coltivatori Italiani (UCI), which unites over 300,000 farmers, agricultural entrepreneurs and agro processors, plans to implement an investment project in Kazakhstan for the cultivation and advanced processing of industrial hemp for subsequent production of textiles, construction materials, and pharmaceuticals. The project was discussed during an online meeting on July 17 between
Azamat Kozhanov, Deputy Chairman of the Management Board of Kazakh Invest national company, held a meeting with John M. Bek, Chairman of the Board of South Korean engineering company YPP Corporation. During the meeting, the parties signed a framework agreement on cooperation for the implementation of a green hydrogen production project in Kazakhstan, according to Kazakh
