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Business news in Shymkent

05/24/2018 08:00Documents for $60 mln signed at Kazakh-Uzbek forums    (AKIpress (press release))
Agreements for $62 million signed during Kazakh-Uzbek business forum - AKIpress (press release)
05/22/2018 09:15Crypto currency and block chain technology will fundamentally change the financial market    ( http://www.kazakh-tv.kz/ )
The Digital Kazakhstan program has been launched in the country which ... Today, Kazakhstan is implementing development strategies of agglomeration. ... populations in the republic, now Astana and Shymkent have joined the list.
05/11/2018 01:00Kazakh-Uzbek trade grows 50% in Q1 2018, could reach $3 billion by yearend, Mamin says    ( Astana Times )
Kazakh-Uzbek trade grows 50% in Q1 2018, could reach $3 billion by ... ASTANA – Kazakh-Uzbek trade grew 50 percent in the first quarter of 2018 ... first meeting of the Business Council and the joint business forum in Shymkent.
05/01/2018 17:00Faced With Chinese Expansion, Kazakhstan Seeks Alternative Energy Markets    ( The Jamestown Foundation )
Riddled with financial and technical problems, Kazakhstan is currently unable to develop its oil infrastructure. The three pre-existing refineries, in Atyrau, Shymkent and Pavlodar, need substantial modernization. Over the last five years, the value of China's oil and gas imports from Kazakhstan has fallen ...
04/26/2018 08:55Positive trends in economy    ( http://www.kazakh-tv.kz/ )
This was facilitated by a number of factors. TIMUR SULEIMENOV, KAZAKH MINISTER OF NATIONAL ECONOMY: - Investments in fixed assets increased 39.5%. Growth is related to modernization and reconstruction of the Shymkent oil refinery as well as future expansion of the project at the Tengiz site.
04/26/2018 08:55Kazakhstan eyes to increase manufacture of oil products    (Trend News Agency)
Kazakh Energy Ministry finds investors for construction of new oil refinery - Trend News Agency
04/08/2018 05:05Kazakh government attracts private investors to construction of Shymkent city    ( Trend News Agency )
The government of Kazakhstan is attracting funds of private investors for the construction of Shymkent city complex in the South Kazakhstan region, Kazakh media outlets reported. The deputy head of the Shymkent city Gabit Maulenkulov met with entrepreneurs, willing to invest in the construction of ...
04/05/2018 13:00EBRD supports renewable energy projects in Kazakhstan (Exclusive)    ( Trend News Agency )
“The EBRD will provide a loan in local currency, Kazakh tenge, up to an equivalent of $8.8 million, and the Clean Technology Fund will lend up to $3.9 million for the Zadarya solar plant in the South Kazakhstan region, near the city of Shymkent. The solar park project will be implemented by a special ...
03/30/2018 22:45Kazakh Invest works on improving investment climate, executive says    ( Astana Times )
Most importantly, the products made in Kazakhstan will be able to enter the international markets faster thanks to the opportunities offered by foreign partners. A classic example: one of the largest groups in Europe – Polpharma – bought the share of Khimfarm in Shymkent by investing $100 million ...
03/29/2018 03:50Chinese company to build wind and solar power stations in Kentau    ( Astana Times )
... August on $154.5 million wind and solar power stations in the South Kazakhstan region. The new facilities are expected to generate 50 megawatts per hour of wind power and 30 megawatts per hour of solar energy. Kentau is a city located 150 kilometres north-west from the regional capital Shymkent.
03/15/2018 03:25WB to pick most business-friendly city of Kazakhstan    ( http://www.inform.kz/sitemap_en.xml (press release) )
Earlier the Ministry of National Economy of Kazakhstan jointly with the World Bank have conducted a pilot analysis of two cities and six districts of Kazakhstan including Astana, Almaty, Aktobe, Karaganda, Kostnaya, Ust-Kamenogorsk, Pavlodar and Shymkent in 2017. According to the rating, Almaty, ...
03/13/2018 19:20Uzbek, Kazakh farmers eye to develop new sheep breed    ( Trend News Agency )
During the Uzbek delegation's visit to Shymkent, Kazakhstan, the sides were discussing establishment of a joint cattle-breeding complex. The Uzbek guests visited a pastry owned by the Kazakh company Ikanbir, where the Edilbay sheep are being bred, and got acquainted with conditions. The guests ...
02/27/2018 22:40Kazakhstan seeks to attract EBRD funds for gas pipeline project    ( Trend News Agency )
Kazakhstan seeks to attract funds from the European Bank for Reconstruction and Development (EBRD) for the construction of the gas pipeline in ... Consumer will get domestic natural gas via the new gas pipeline "Saryarka", which will be supplied from the "Beineu-Bozoy-Shymkent" main gas pipeline.
02/20/2018 02:05Alageum Electric expands export borders    ( Astana Times )
ASTANA – Alageum Electric, one of Kazakhstan's major electrical engineering companies, offers a wide range of products and services. The company not only provides ... We are already building a new plant (Asia Trafo) for the production of power transformers in Shymkent. The plant will use the most ...
02/04/2018 17:55Polpharma Group to invest $37 million to digitise, automate Shymkent pharmaceutical plant    ( Astana Times )
Investors also receive preferences through investment contracts with the Kazakh Ministry of Investment and Development. Soft loans issued by the Development Bank of Kazakhstan are provided for domestic producers. Various tools and mechanisms were developed to support domestic producers and ...
01/16/2018 17:55French company attracts $12.7 million funding for Kazakhstan solar project    ( pv magazine International )
The plant will be installed by a special purpose company, Kaz Green Tek Solar LLP, which is majority owned by Urbasolar, in the South Kazakhstan region, near the city of Shymkent. According to Urbasolar's website, the plant will be constructed across two phases over a nine month period, and will ...
01/16/2018 02:15ROUNDUP: Aussie Uni's 100% solar power, 4MW Turkey rooftop, Urbasolar's 14MW in Kazakhstan    ( PV-Tech )
13 January: The European Bank for Reconstruction and Development (EBRD) is supporting French company Urbasolar SAS to develop a 14MW PV project in Kazakhstan. The new Zadarya solar plant in the South Kazakhstan region, near the city of Shymkent, will bring Kazakhstan's total amount of ...
01/04/2018 18:10Kazakhstan to build 4th refinery: Minister    ( AKIpress (press release) )
AKIPRESS.COM - Kazakhstan needs the fourth oil refinery and the Energy Ministry has compiled a working group to study this matter, Energy Minister Kanat Bozumbayev said. The next year, according to Bozumbayev, a feasibility study will be made. The Minister said the investor will be involved in the ...
12/27/2017 02:00Int'l investment hub may be created in Kazakhstan    ( Trend News Agency )
Moreover, the sides consider the possibility of financing the company through lending and/or equity participation within the possibility of creating an International Investment Hub in Shymkent. The Singaporean company has already attracted investments to Thailand, Mongolia and other countries of the ...
12/27/2017 02:00Production, export of gas increase in Kazakhstan    ( Trend News Agency )
At the same time, according to Western experts, the Chinese gas market will expand annually by 20 percent, which is an investment opportunity for Kazakhstan. KazMunaiGas is already working to increase the capacity of the Beyneu-Bozoy-Shymkent gas pipeline from 10 to 15 bcm - this will increase ...

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