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Central Asia Economic Outlook: December 2018 (1)

14 October 2019
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Kazakhstan

Macroeconomic

Kazakhstan sees rise in prices
Inflation in Kazakhstan reaches 4.6%
S&P changes Kazakh KACC's business position assessment
IMF announces Kazakhstan's next year growth forecast
Pension assets of Kazakhstan's UAPF increase significantly
Kazakhstan's GDP up by 4.1%
Kazakh Food Contract Corporation's exports hike
Health & social services investments soar in Kazakhstan
9 projects agreed at Aktobe Invest 2018 in Kazakhstan
Unemployment rate in Kazakhstan hits record low over last 5 years
Kazakh National Bank announces inflation forecast for 2019
Kazakh National Bank announces 2019 economy growth forecast
Kazakhstan launches international investment forum
Kazakhstan’s foreign trade turnover grows steadily
High investment, consumer demands provide steady GDP growth in Kazakhstan
Local budget revenues in Kazakhstan hit record high
Hundreds of projects underway in Kazakhstan's Almaty region
Kazakh ICT investments up by 23%
Kazakhstan increases share of commodities in exports
Retail trade in Kazakhstan up by 6.4%
Kazakhstan increases export prices

Finance & insurance

Non-cash payment turnover more than doubles in Kazakhstan
Kazakh Tsesnabank needs time to restore funding base stability - S&P
Fitch reveals Kazakhstan's bank sector outlook
Kazakh banks' net profit highest over past 5 years
Money transfers to Kazakhstan up by more than 17%
ForteBank buys all shares of another Kazakh bank

Industry

New Kazakh cement plant to start exports to Russia
Food industry investments significantly increase in Kazakhstan
Ceramic factory to appear in Kazakhstan's Kyzylorda region
Kazakhstan increases copper ore mining by 5%
East Kazakhstan region announces number of major ongoing projects
Kazakhstan boosts production of construction materials
Oil-well cement plant launched in Kazakhstan
Meat price up in Kazakhstan, so does consumption
New mill in Kazakhstan to produce highest grade flour
Lending to mining industry in Kazakhstan up by 10%
Industry, agriculture grow in Kazakhstan’s Karaganda region

Foreign economic relations

23 projects with Turkish investment underway in Kazakhstan
Plant with Azerbaijani capital being built in Kazakhstan
German Investment Corp. ready to invest in more spheres in Central Asia
Kazakhstan's exports to Kyrgyzstan up by 22%
Kazakhstan plans to attract investments of Turkish holdings
Azerbaijani companies to access new markets through AIFC
Over 900,000 Central Asia tourists visit Turkey in 10 months
Kazakhstan's agricultural exports to China up by 42%
Kazakhstan plans to attract investments of Turkish holdings
Kazakh, German enterprises sign contracts worth over 2 billion euros
Japan International Cooperation Agency talks key sectors in Uzbekistan for 2019
Envoy: Azerbaijan, Kazakhstan have solid potential for further co-op
Italy – main importer of Kazakh products

Energy

Over 5 million tons of Kazakh oil shipped from CPC marine terminal
Kazakh president orders launch of Saryarka gas pipeline construction
Another 10% of Kazatomprom shares to be sold next year
KBR plans to expand its presence in Kazakhstan
OPEC reveals forecast for Kazakhstan’s oil output
Oil production in Kazakhstan up by over 6%

Agriculture

Kazakhstan's agricultural exports to China up by 42%
Kazakhstan’s Almaty region announces sugar beet growing plans
Kazakhstan increases tobacco production
Agricultural output in Kazakhstan's Turkistan region announced
Kazakhstan plans to fully automate agriculture lending
Kazakhstan plans to fully automate agriculture lending
Kazakhstan starts meat exports to China

Transport

Uzbekistan, Kazakhstan launch new international bus route
Uzbekistan, Kazakhstan to speed up train passage, lower tariffs
Kazakhstan, Russia eye to increase transit traffic
Kazakh Kostanay airport to expand flight directions
Car purchase in Kazakhstan up by quarter
Direct flight connects Tajik and Kazakh capital cities
Kazakh airline launches flights to Dushanbe

Turkmenistan

Macroeconomic

Turkmenistan adopts state budget for 2019
Turkmenistan approves Digital Economy Development Concept
Significant GDP growth expected in Turkmenistan
Turkmenistan developing concept of transition to digital economy
Significant GDP growth expected in Turkmenistan
EU supports capacity building for multi-sectoral investments in Turkmenistan
Uzbekistan reveals stats on companies with foreign capital

Industry

Acting minister of textile industry appointed in Turkmenistan
Turkmenistan increasing cement production
Acting minister of textile industry appointed in Turkmenistan
Turkmenistan establishing sunflower oil plants

Foreign economic relations

Slovenia focuses on strengthening co-op with Turkmenistan
Turkmenistan eyes to open trade house in Azerbaijan
Turkmenistan, EBRD mulling co-operation strategy
Turkmenistan, France mulling prospects for trade and economic co-op
Turkmenistan, Japan ready to expand transport co-op
Turkmenistan, US consider possibilities of intensifying bilateral political, diplomatic co-op
Turkmenistan, Belgium mull opportunities for high-level meeting
Turkmenistan, Vatican discuss priorities of bilateral relations
Egypt keen to enhance trade, business ties with Turkmenistan
Turkmenistan, Ukraine aim at mutually beneficial economic co-op

Energy

Afghanistan, UAE buy oil products in Turkmenistan
Dragon Oil eyes to increase oil production in Turkmenistan
Int'l financial organizations eye to finance TAPI project
TAPI gas pipeline being built in line with schedule
Turkmenistan launches exports of aerated concrete products
UAE, Estonia buy oil products in Turkmenistan
UN: TAPI project to provide sustainable solutions for Central & South Asia
Turkmenistan modernizing energy supply in country’s north
UK-based company offers consulting services on TAPI gas pipeline project
Turkmenistan expected to double gas output by 2040
TAPI gas pipeline being built in line with schedule
Turkmenistan optimizing gas supplies to China
Turkmenistan aims at developing gas processing industry - president

Agriculture

Turkmen ministry specifies pricing policy for cotton, wheat
Uzbekistan to supply agro machinery to Turkmenistan for over $17M
Turkmenistan inks deals with Turkey, Switzerland in agriculture sector
Turkmenistan launches 3 cattle-breeding complexes
Turkmenistan reveals government procurement prices for wheat, cotton

Transport

Turkmenistan's national air carrier introduces online payments
Turkmenistan, Kuwait mull prospects for co-op in transit sector
Afghanistan sends its cargo to Azerbaijan via Turkmenistan
China Railway 14th Bureau Group may build toll roads in Uzbekistan

Uzbekistan

Macroeconomic

Uzbekistan to ban sale of unlabeled goods
Significant GDP growth expected in Turkmenistan
Uzbekistan announces expectations on direct foreign investments
Uzbekistan's gov't reveals GDP per capita growth forecasts
Uzbekistan presents its investment portal
Trade sector accounts for most new small firms in Uzbekistan
Over 50,000 new enterprises established in Uzbekistan
Small firms take over 40% of Uzbekistan's construction sector

Finance & insurance

UK hedge fund gets controlling interest in Uzbek leasing company
Fitch makes forecast on Uzbek banking sector
Uzbek Ravnaq-bank's vulnerability is exacerbated by loan growth - S&P

Industry

Uzbekistan makes changes regarding exports of textile industry products
Uzbekistan to attract private enterprises to utilities sector
Uzbekistan to create its very own silk brand
Uzbekistan, S.Korea to ink understanding memo in textile sector
Indian firm to enter Uzbekistan's construction, pharma sectors
Indian firm to enter Uzbekistan's construction, pharma sectors
India to link Uzbekistan's textile sector to European market
Consumer goods account for over third of Uzbekistan's industrial sector
Uzbekistan to establish state committee for industrial safety
Uzbekistan increases tractor production

Foreign economic relations

Uzbekistan-Kyrgyzstan trade turnover up by half
Number of projects with Chinese loans in Uzbekistan revealed
German Investment Corp. ready to invest in more spheres in Central Asia
Uzbekistan, UK aim joint socio-economic projects in Afghanistan
Uzbekistan, Sweden mull co-op in various sectors of economy
Uzbekistan resumes customs clearance of sugar from Ukraine
Uzbekistan to pay German creditors of bankrupt Zeromax company

Energy

Uzbekistan to direct over $2.6B to upgrading hydropower sector
Uzbekistan to build first solar power plant with private investments
Uzbekistan reveals date to begin introducing SCADA in gas sector
ADB finalizing proposals for restructuring Uzbekneftegaz
Uzbekneftegaz refutes rumours of Mingbulak oil field explosion
JICA's strategy to help modernizing Uzbekistan's energy sector operator
Uzbekistan's oil & gas sector first by number of exchange deals
Uzbekistan increases electricity production
Uzbekistan reveals petroleum, gas production figures

Agriculture

UK, Russian firms to open agroindustrial cluster in Uzbekistan
Agricultural production volume in Uzbekistan revealed
Cotton fiber - most popular commodity at UZEX currency trading site

Transport

Russia's Altaivagon to supply railways cars for Uzbekistan's first private car park
Uzbekistan expects share of electric cars to reach 30%
GM Uzbekistan ceases production, sale of Chevrolet Malibu
Tashkent gets over modern AC-equipped MAN, SAZ buses
GM Uzbekistan offering over 5,800 cars for instant buy
Uzbekistan's carmaker Uzavtosanoat issues shares for $64M