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Central Asia Economic Outlook: December 2018 (2)

14 October 2019
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Kazakhstan

Macroeconomic

Kazakhstan leads in terms of economic dev't in Central Asia
Kazakhstan increases share of commodities in exports
Kazakhstan’s trade turnover with EEU up by 7.2%
Kazakhstan increases volume of construction work
Moody's changes rating forecast for Kazakhstan’s Food Contract Corporation
Revenues to Kazakhstan National Fund more than double
Kazakh economy ministry announces plans on attracting investment
Debts of Kazakhs increase significantly
Kazakhstan’s trade turnover with EEU up by 7.2%
Assets of investment companies in Kazakhstan increase
Investments in Kazakh transport and logistics sector increase by 12%
Kazakhstan exceeds 2018 beef exports plan by 25%

Finance & insurance

Almaty accounts for almost half of debit, credit cards used in Kazakhstan
Kazakh bank looking for access control system maintenance services
Kazakh National Bank to purchase security monitoring services
Kazakh National Bank reveals number of digital banking transactions
Mortgage lending in Kazakhstan hikes
Kazakh bank plans to make IPO in 2019
Share of US dollar deposits in Kazakhstan reaches almost half of total deposits

Industry

Plastic production increases significantly in Kazakhstan
Kazakhstan increases mining of lead-zinc ores
North Kazakhstan region's industry sector set to grow up to 5%
Kazakhstan's Zhezkazgan copper-smelting plant starts working at full capacity
Kazatomprom's net profit increases 4 times
Coal price in Kazakhstan significantly down
Kazakhstan's iron ore production up by 8%

Foreign economic relations

Kazakhstan, Russia eye to increase transit traffic
Factory for turkey production to appear in Kazakhstan
Uzbekistan, Kazakhstan offer Azerbaijan join Silk Way visa project

Energy

Ministry: Kazakhstan to reduce oil production under OPEC+ deal
Factory turning waste into fuel oil to be built in East Kazakhstan
Kazakh oil&gas construction company talks ongoing projects
Italy’s Eni talks on 2019 plans for Karachaganak project
Kazakh oil&gas construction company talks ongoing projects
Kazakhstan reveals oil, gas output

Agriculture

Kazakhstan launches new sunflower oil plant
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 starts meat exports to China

Transport

Renovated Kazakh airport to serve 2,000 people per hour
Kazakhstan completes first stage of railway station reconstruction in Petropavl
Cargo turnover in Kazakhstan up by 8%
OSCE consults Turkmenistan in port control procedures and security issues
Kazakhstan, Poland to develop cooperation between ports

Turkmenistan

Macroeconomic

Turkmenistan raises excise taxes on imported alcohol & tobacco
Ashgabat hosts meeting of working group for water, energy, food security
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

Personnel changes made in Turkmenistan's industrial sector
Turkmen company building sugar plant
Eni to further increase production optimization activity in Turkmenistan
Metallurgical plant under construction in Turkmenistan’s central region

Foreign economic relations

Saudi Arabia studies investment projects in Turkmenistan
Turkmenistan interested in strengthening bilateral ties with Georgia
Saudi Arabia studies investment projects in Turkmenistan
Turkmen envoy appointed to France
Turkmenistan to further strengthen good-neighborly relations with Azerbaijan
Turkmenistan appoints ambassador to China
Turkmenistan, Gambia discuss cooperation prospects

Energy

UK, UAE buy diesel fuel in Turkmenistan
Europe interested in receiving Turkmen gas: CIFAL head
Russia ready to take part in TAPI gas pipeline project - Putin
Turkmenistan commissions solar-powered telecommunication stations
Europe interested in receiving Turkmen gas: CIFAL head
Total capital of Central Asian companies in Turkey falls almost threefold
China increases import of Turkmen gas
TAPI to significantly expand Turkmenistan’s export capacity: Cebr

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

Cargo motorcade from Afghanistan approaching Azerbaijan through Turkmenistan
Turkmenistan starts construction of Ashgabat-Turkmenabat highway
Turkmenistan supports initiative to create Modal Highway for Central Asia with access to Turkey
Turkmenistan starts construction of Ashgabat-Turkmenabat highway
Turkmenistan sends big cargo of mineral fertilizers to Europe
Azerbaijan receives first cargo from Afghanistan via Lapis Lazuli route
Volumes of freight traffic via Caspian port of Turkmenbashi growing

Uzbekistan

Macroeconomic

Uzbekistan reveals stats of retail trade sector
Uzbekistan's foreign trade deficit exceeds $6B amid stagnating exports
Uzbekistan reveals date to issue gov't treasury bonds
Slowing economic growth in Russia leading to increase of inflation in Uzbekistan?
EBRD finances new food production facilities, coffee shops in Tashkent
WB to finance urban project in Uzbekistan
Uzbekistan's investment guide published in Turkey
Over 100 firms with Azerbaijani share operate in Uzbekistan
Uzbekistan reveals investment volumes for 2019
Uzbekistan abolishes excise duties on more than 150 Kazakh goods
Uzbekistan improves its position in PwC's 'Paying Taxes 2019' rating
Uzbekistan reveals priority sectors for foreign investments in 2019
Uzbekistan to adopt new tax code later in 2019 - when?
CEBR expects Uzbekistan’s economy to expand

Finance & insurance

Uzbekistan's financial sector grows by over quarter
Over $900M sent from Russia to Uzbekistan
Germany's DEG provides financing to Uzbekistan's Ipak Yuli Bank
S&P Global Ratings assigns credit ratings to Uzbekistan
Fitch assigns Uzbekistan first long-term issuer rating
Uzbekistan's banking sector leaders revealed
S&P Global Ratings raises ratings of two Uzbek banks to 'BB-'
UAE company to buy securities of Uzbekistan's 2nd largest bank
S&P Global Ratings raises ratings of two Uzbek banks to 'BB-'

Industry

Chinese companies to help build $630M cement plant in Uzbekistan
Canada's oil & gas industry delegation to visit Uzbekistan
Uzbekistan discloses textile industry figures
Uzbek craft brewery getting ingredients from Europe, keen to create beer culture
Uzbekistan plans to increase textile exports to $7B

Foreign economic relations

Uzbekistan offers Azerbaijani businesses invest in its largest chemical plant
Uzbekistan to introduce visa-free regime for 22 countries
Uzbek-Chinese JV commissions new cement plant in Karakalpakstan
Uzbekistan's investment guide published in Turkey
Over 100 firms with Azerbaijani share operate in Uzbekistan
Uzbekistan opens tobacco product supplies to Tajikistan, Georgia
Total capital of Central Asian companies in Turkey falls almost threefold
Belgian Picanol to expand presence in Uzbekistan
Two Uzbek TPPs may be transferred to Russian companies

Energy

Uzbekistan attracts over $2.3B for its new GTL plant
Uzbek oil & gas company announces tender for compressor
Canada's oil & gas industry delegation to visit Uzbekistan
Uzbekneftegaz, S.Korean NK MOBILE start producing mobile gas filling stations

Agriculture

UAE-based company to invest in Uzbekistan's agro-industrial sector
Dutch Lely to enter Uzbekistan's growing agricultural sector
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

S.Korean SMC Co. may create automobile cluster in Uzbekistan
KLM Royal Dutch Airlines may fly to Far East, India via Uzbekistan
Uzbekistan tells US about Iran's seaports, trade route to S.Caucasus
Uzbekistan simplifies goods transit
Flydubai to launch flights to Uzbekistan
GM Uzbekistan reveals Chevrolet Tracker sales volume
Russian company gets part of Uzbekistan Railways' shares in coal enterprise