The Ministry of textile industry of Turkmenistan has summed up the results of the international tender for the construction of a new textile complex for processing 5,000 tons of fine-fibrous cotton per year in the Babadaykhan etrap (district) of the Akhal velayat (region).
Turkmenistan on Wednesday opened a new $1.5 billion cargo and passenger seaport on the Caspian Sea aiming to boost its export revenues by handling shipping traffic between Asia and Europe.
Now Kyrgyzstan's foreign debt is about $4.2 billion, $2.5 of which, were accrued during the presidency of former presidents Askar Akayev and Kurmanbek Bakiyev. The remaining amount of loans was accrued during the presidency of Almazbek Atambayev. In fact, during his term, the Chinese gave us a loan and themselves implemented the projects under it. Is it normal? This money was given to us by a commercial bank, and not an international organization, which means that this loan will never be debited to us. I'm afraid that Kyrgyzstan will still have to give up land, the thermal power station or large deposits to pay off debts.
The official unveiling ceremony of the Astana International Financial Center (AIFC) will be held on the sidelines of the Astana Finance Days in early July during the celebrations of the 20th anniversary of the Kazakh capital. AIFC Governor Kairat Kelimbetov sat down with Kazinform correspondent to share the details about two years the Center was in the making, its plans for the future and target indicators of the financial platform created in Kazakhstan.
A scandal around the Chinese finances, allegedly allocated to the Kyrgyz ruling party SDPK (Social Democratic Party of Kyrgyzstan), is gaining momentum. Party members, after the uproar, are trying to disown their own words, but the facts are facts.
By Kamila Aliyeva: The Asian Development Bank (ADB) plans to provide Tajikistan with about $160 million in 2018 for a number of projects, including the one on reducing risks from natural disasters, Tajik media outlets reported.
Azernews.az: The volume of foreign trade turnover of Tajikistan in January 2018 amounted to $443 million. The trade turnover increased by 75.6 percent, or by $190.7 million, compared to the same period of the previous year, according to statistical data, Central Asian media outlets reported.
azernews.az: Industrial enterprises in Tajikistan will get a relief from a number of inspections for a period of two years.
Azernews: Uzbekistan plans to increase coal production up to 11.1 million tons by 2021 to meet the needs of the population and industry.
The National Energy Holding of Kyrgyzstan will resume the export of electricity to Uzbekistan. This was announced by the deputy head of the National Energy Holding Nurlan Sydykov at a press conference in Bishkek on January 29, Central Asian media outlets reported.