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24.12.23

The volume of intraregional accumulated direct investment in Central Asia is estimated at US$1.1 billion for the first half of 2023, which is 1.8 times higher than the level of 2016. This was reported by the press service of the Eurasian Development Bank (EDB).

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22.12.23

The large Rozhkovskoye gas condensate field, operated by Ural Oil and Gas LLP, launched commercial production on Dec. 21 in Western Kazakhstan, according to the Prime Minister’s press service. The field is owned by KazMunayGas national oil and gas company (50%), Hungarian multinational oil and gas company MOL Group (27.5%), and Chinese Sinopec international energy and chemical company (22.5%).

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11.12.23

President of Kazakhstan Kassym-Zhomart Tokayev received Astana Akim Zhenis Kasymbek, who reported on the socio-economic and infrastructural development of Astana, the press office of Akorda reported on the Telegram channel.

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14.12.23

The company intends to establish drip irrigation system production in the Zhambyl region. The Head (Akim) of the Zhambyl region, Yerbol Karashukeyev, and the CEO of Atlantis, Gürsel Aral, discussed the prospects of implementing projects on the efficient use of water resources, the press service of the region’s administration reports.

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12.12.23

Kazakhstan plans to increase exports of IT services to $1 billion by 2026, President of Kazakhstan Kassym-Jomart Tokayev said, Report informs via Kazinform.

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11.12.23

Over the period from January to November 2023, Kazakhstan exported 1.238 million tons of oil through the port of Aktau and Baku, which is a six-time increase compared to the same period last year, according to KazTransOil, the national oil pipeline company in Kazakhstan (subsidiary of KazMunayGas).

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27.11.23

Construction of the Darbaza-Maktaaral railway line with a length of 152 km began in Turkestan region of Kazakhstan. The large infrastructure project will add another corridor for transporting goods between Kazakhstan and Uzbekistan and will optimize transport flows, since it will bypass Tashkent.

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23.11.23

In a briefing for the media after the Senate meeting, Prime Minister of Kazakhstan Alikhan Smailov spoke about the work to attract foreign direct investment in Kazakhstan and the implementation of new investment projects.

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20.11.23

Turkish Alarko Holding plans to build a new-format greenhouse complex in Shymkent, with the project's cost amounting to $650 million, according to the Shymkent Akimat (city administration) press service.

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14.11.23

Minister of National Economy of Kazakhstan Alibek Kuantyrov reported to President Kassym-Jomart Tokayev on the socio-economic development of the country for the first 10 months, the Telegram channel of Akorda reports.