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Central Asia Economic Outlook: November 2018 (2)

24 October 2019
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Kazakhstan

Macroeconomic

Kazakhstan reduces beer exports, focuses on meeting domestic demand
Which countries top list of Kazakhstan's major trade partners?
Official talks Kazakh-Turkish joint economic program
Kazakhstan National Bank chairman talks inflation expectations
Shadow economy in Kazakhstan down by 3 percent
Kazakh economy ministry lowers GDP growth forecast
Which countries are main investors in Kazakhstan?
8 manufacturing enterprises to appear in Kazakhstan's Turkistan region
Money transfers within Kazakhstan up by over 3 times
Vegetables continue to rise in price in Kazakhstan
15 investment projects underway in Kazakhstan's Aktobe region

Finance & insurance

Capital ratios of Kazakh banks to remain under pressure - S&P
Kazakh bank attracts Indian investors
Fitch: Asset quality – primary reason for several Kazakh banks’ failures
Russia accounts for half of money transfers to Kazakhstan
Kazakh bank deposits in tenge rise by 1.2%
Kazakh banks' assets slightly up year-on-year
Kazakh banks launch Apple Pay service

Industry

Big grain cleaning complex to be built in Kazakh region
Uzbek company finances plant construction in Kazakhstan
Kazakh cement enters building materials market of Uzbekistan
Kazakhstan reduces beer exports, focuses on meeting domestic demand
Kazakhstan significantly increases salt production
New industrial enterprises to be launched in Astana before year-end
Greek company launches asphalt plant in Kazakhstan
Projects worth $400M implemented in Kazakhstan's largest city
Clothing production down in Kazakhstan, prices increase
Kazakhstan increases coal mining by 6%
Projects worth $600M underway in Kazakhstan's Almaty industrial zone

Foreign economic relations

Vice minister reveals volume of Turkish investments in Kazakhstan
Uzbek businessmen invited to take part in revival of Kazakhstan's Turkistan
Turkmenistan, Azerbaijan united by friendly good-neighborly relations - president
Official talks Kazakh-Turkish joint economic program
Kazakhstan, EU increase trade by almost 30%
Official talks Kazakh-Turkish joint economic program
Vice minister reveals volume of Turkish investments in Kazakhstan
Kazakhstan, Belarus aim to bring trade to record level
Kazakhstan, EU increase trade by almost 30%
Ambassador: Kazakhstan, Azerbaijan increase trade turnover by over 65%
Total capital of Kazakh companies registered in Turkey revealed
Kazakhstan's Pavlodar region exports goods to almost 40 countries
Kazakhstan, Belarus aim to bring trade to record level
China steps up investments in Kazakhstan
Kazakhstan, Belarus plan to produce drones together
China steps up investments in Kazakhstan
South Korean company interested in building highway in Kazakhstan
KazakhExport, EXIAR to support Kazakh-Russian JVs
Which countries are main investors in Kazakhstan?

Energy

NCOC talks oil production at Kazakhstan's Kashagan field
Work in progress: Kazakhstan's strategy to boost oil export
Kazakhstan presents revenues from its largest oil field
Tengizchevroil reveals volume of direct payments to Kazakhstan
Tengizchevroil announces volume of expenditures on Kazakh Tengiz field expansion
OPEC forecasts Kazakhstan’s oil output to grow next year
Tengizchevroil’s current gas utilization rate close to 100%
Kazakhstan, Afghanistan buy liquefied gas from Turkmenistan
Tengizchevroil reveals volume of direct payments to Kazakhstan
Turkmenistan to discuss its export gas pipeline projects at int’l forum
Fitch affirms Kazakh Astana Gas' rating
Inpex Corp. reveals target output volume at Kazakhstan’s Kashagan field
Kazakhstan's oil production to increase in 1H2019
EBRD: Kazakhstan has decade to prepare for fall in global oil sales
Kazakhstan's oil&gas company sees 43% increase in net profit
Lukoil plans to increase its oil output in Kazakhstan through Tengiz field
Lukoil announces production plans at Kazakh oil fields
OMV Group talks on oil&gas operation in Kazakhstan
Lukoil intends to open lubricants plant in Kazakhstan

Agriculture

JV producing high-quality seeds to appear in Kazakhstan
Turkistan – second largest agricultural producer in Kazakhstan
Kazakhstan significantly increases wheat exports
Which city produces nearly 90% of Kazakh tea?
No price hike expected for vegetables in North Kazakhstan
North Kazakhstan region aims to renew agricultural machinery
Kazakhstan to supply corn, barley to China
Kazakhstan's Pavlodar region exceeds meat export plan

Transport

New air route from Kazakhstan to UAE to open soon
Kazakhstan working on Caspian Sea cruise project
Uzbekistan, Kazakhstan open new bus route
2,400 km of roads built and reconstructed in Kazakhstan
Kazakh automaker to supply Uzbekistan's Ravon cars to Russia
Capacity of Kazakh ports exceeds 26 million tons per year
Volume of Azerbaijan-Kazakhstan cargo traffic announced
Kazakhstan working on Caspian Sea cruise project
Kazakhstan, Azerbaijan can become transit hub between Europe and Asia - Ambassador
Passenger traffic from Kazakhstan to Azerbaijan up - Civil Aviation Committee
South Korean company interested in building highway in Kazakhstan
4,600 km of roads commissioned in Kazakhstan this year

Turkmenistan

Macroeconomic

Integrated trade program adopted at CAREC Conference in Turkmenistan
EBRD, EU to support small business program in Turkmenistan
Tajikistan expected to grant tax exemptions to some Chinese, Turkmen and Uzbek companies
Ashgabat hosting workshop dedicated to digital economy
CNPC talks its investments in Turkmenistan
Turkmenistan invites foreign companies to develop country's oil sector in Caspian Sea

Industry

Turkmenistan launches manufacture of Lipton products
Uzbekistan, China to open medical tech park in Tashkent
Turkmenistan launches production of ceiling LED lamps
Turkmenistan establishing sunflower oil plants

Foreign economic relations

Italian companies interested in cooperation with Turkmenistan's private sector
Brazilian ambassador accredited to Turkmenistan
Turkmenistan, Uzbekistan advocating expanding business partnership
Italian companies interested in cooperation with Turkmenistan's private sector
Turkmenistan, Azerbaijan united by friendly good-neighborly relations - president
Germany ready to take part in Turkmenistan’s seawater desalination projects
Ashgabat, Minsk hold talks on military-technical co-op
Number of Turkmen companies registered in Turkey slightly increases
Germany ready to take part in Turkmenistan’s seawater desalination projects
Turkmenistan, EU to discuss interaction at regional level
Japanese company to build gas turbine power plant in Turkmenistan
Ashgabat, Bishkek mull joint economic projects

Energy

Ashgabat, Berlin mull prospects for energy co-op
ADB issues loan to increase export of Turkmen electricity
Turkmenistan eyes to start gas supply to South Asia in 2020
Construction of gas turbine power station planned in East Turkmenistan
ADB eyes to allocate loan to Turkmenistan for development of electricity grids
IsDB can take part in Trans-Caspian pipeline project
Kazakhstan, Afghanistan buy liquefied gas from Turkmenistan
Eni reveals investment in Turkmenistan over 10 years
China biggest importer of Turkmen gas
Saudi-German JV supplying pipes to Turkmenistan for TAPI gas pipeline
Kazakhstan, Afghanistan buy liquefied gas from Turkmenistan
Petronas eyes to expand oil & gas co-op with Turkmenistan
Turkmen oil enters world markets through Azerbaijan
Turkmenistan stands for diversifying energy supply routes: president
Japan ready to build second gasoline production plant in Turkmenistan
Dragon Oil eyes to increase oil production in Turkmenistan
Japan ready to build second gasoline production plant in Turkmenistan
Petronas eyes to expand oil & gas co-op with Turkmenistan
Oil & Gas of Turkmenistan 2018 conference - important step in strengthening trade ties
Saudi-German JV supplying pipes to Turkmenistan for TAPI gas pipeline
Turkmenistan establishing sunflower oil plants
Turkmenistan's exports of oil products up
Afghanistan buys diesel fuel from Turkmenistan
Danish Haldor Topsoe ready to further support Turkmen refining projects
Turkmenistan's exports of oil products up
Russia’s Gazprom continues talks with Turkmenistan
Buried Hill Energy, Turkmenistan mull joint development of Caspian hydrocarbons
Russia’s Gazprom mulls joint projects with Turkmenistan

Agriculture

Turkmenistan to buy agricultural machinery in Uzbekistan
New Turkmen minister of agriculture & water resources appointed
Turkmenistan reveals government procurement prices for wheat, cotton

Transport

China increases freight traffic to Iran through Turkmenistan
Turkmenistan eyes to increase capacity of Caspian seaport
Makhachkala, Turkmenbashi ports prepare to resume ferry service
Transport, logistics to be discussed at forum in Turkmenistan’s Avaza
Ashgabat hosts international oil & gas forum
Makhachkala, Turkmenbashi ports prepare to resume ferry service
Turkmenistan to build additional railway line in Afghanistan
Turkmenistan working to electrify railways

Uzbekistan

Macroeconomic

ADB to establish one-stop-shops in Uzbekistan's horticultural sector
EBRD's event to spur diagnostics of Uzbekistan's capital markets
Uzbekistan reveals retail trade statistics
Uzbekistan's foreign trade deficit exceeds $5B amid falling exports
Uzbek businessmen invited to take part in revival of Kazakhstan's Turkistan
Uzbekistan's government reveals economy growth forecasts
Uzbekistan's exporters to enjoy new tax benefits
EBRD to help in development of Uzbekistan's bond, stock market
IMF publishes summary statement of its mission to Uzbekistan
EU to finance projects worth 25M euros in Uzbekistan's livestock, public services sectors
Uzbekistan's energy sector declining amidst growing investments
Exporters of Uzbekistan may get new tax benefits
French Development Agency to support Uzbekistan's budget expenditures

Finance & insurance

Credit Suisse allocates major loan to Uzbek national bank
Uzbek bank shows 'uncompromising' new website, by famous Russian designer
Banks of Uzbekistan to finance poultry projects
EIB to expand co-op with Uzbekistan in key sectors
Uzbekistan's Ipoteka Bank suspends co-op with Russian Unistream
Russian bank, working with Karabakh separatists, rapidly losing partners, clients
WB carrying out expertise of Uzbekistan's law "On Banks and Banking Activities"
EU allocates 10M euros to Uzbekistan, part of it for dev't of blockchain
Accounted shares value of Uzbek bank reaches almost $240M
Mirziyoyev slams commercial banks for relying on state support
Uzbekistan's Mirziyoyev increases legal protection of creditors
Uzbekistan's insurance firms collect almost twice more premiums
Uzbek Central Bank selling pure gold coins for over $1,500

Industry

Uzbekistan increases coal-series kaolin production by half
Enterprises with foreign capital in Uzbekistan manufacture 40% of industrial products
Uzbekneftegaz, Air Products & Chemicals mull gas-to-liquids project
China's Gansu Hengya Cement Co. to invest in Uzbekistan's new cement plant
Halliburton may establish joint venture in Uzbekistan
Baker Hughes may upgrade Uzbekistan's gas transmission system
Uzbekistan to promote textile industry in Russia
Gazprombank's subsidiary to upgrade Shurtan GCC in Uzbekistan
Uzbekistan, Czech Rep. to co-op in nanotechnology, industry

Foreign economic relations

Italy, Uzbekistan mull co-op in several spheres
Uzbekistan blocking imports of Ukrainian pharmaceutical products?
Uzbekistan to enjoy benefits of China's new free trade zone
Tashkent to host its first international export fair
Uzbekistan-Azerbaijan trade turnover up by almost 60%, says minister
Russia's potato paves alternative way to Uzbekistan
Uzbekistan to supply $49M dried pepper to Turkey
Uzbekistan, EU to begin talks on expanded partnership and co-op
Azerbaijani company eyes exporting confectionery to Uzbekistan, Russia, UAE
Poland to expand textile import from Uzbekistan
Uzbekistan, Russia open another bus route

Energy

ADNOC to offer consultations to Uzbekneftegaz in oil production and refining
Uz-Kor Gas Chemical LLC to purchase mercury adsorbent, ceramic balls
Mirziyoyev set priorities for Uzbekistan's oil and gas sector
Uzbekneftegaz, Tatneft to develop, produce shale oil & gas
Italy's Turboden may produce power from flare gas in Uzbekistan
CITIC Construction may start producing base oils in Uzbekistan
Itochu to enter oil and gas sector of Uzbekistan
Uzbekistan's energy sector declining amidst growing investments
IFC to help Uzbekistan bring foreign investment in energy sector
Uzbekistan to increase natural gas production by over 9%
Upgrade of TPP in Uzbekistan to lower country's gas consumption

Agriculture

Uzbekistan's agriculture machinery holding issues extra shares
Uzbekistan to supply seedlings for Tajikistan's intensive gardening program
Uzbekistan reveals stats on fruit, vegetable export to new markets
Uzbekistan's agriculture machinery holding issues extra shares
Price of agricultural machinery in Uzbekistan drops
Uzbekistan reveals weighted average export prices for fruits, vegetables
Uzbekistan to create its first seed clusters
Russia restricts import of fruits, vegetables by passengers from Uzbekistan
ILO says 93% of cotton pickers in Uzbekistan worked voluntarily
Uzbekistan eyeing to quadruple agricultural export
Uzbekistan sets state-guaranteed grain price for 2019 crop

Transport

GM Uzbekistan presents new Chevrolet Malibu
Uzbekistan Airways to carry over 16% more passengers
Roland Berger GmbH to help Uzbekistan develop road network
China Railway 14th Bureau Group may build toll roads in Uzbekistan
Russia's LADA opens 12-th car lot in Uzbekistan
GM Uzbekistan reduces car booking time
Uzavtosanoat commences on privatizing dealerships
Tashkent gets 182 new Hyundai special vehicles
Mirziyoyev splits Uzbekistan Airways into separate companies
Russia's IrAero opens new direct flight to Fergana
Russia's S7 Airlines opens new direct flight to Uzbekistan