Publications

Armenia will receive a 200 Mln Usd investment loan from the Eurasian Fund for Stabilization and Development to finance the construction of the Kajaran tunnel. The funds will be used to construct the 7km Kajaran tunnel and reconstruct the existing M2 Yerevan-Yeraskh-Goris-Meghri-Iranian border road's 4km (entrance of Kajaran tunnel to Sisian-Kajaran new road intersection).



Presidents of Uzbekistan and Azerbaijan, Shavkat Mirziyoyev and Ilham Aliyev held joint meetings with representatives of the business communities of both countries. Leaders and representatives of leading Azerbaijani companies, such as PASHA Holding, SOCAR, SOFAZ, Agalarov Development, Silk Way Group, Matanat, Sarda Group, AzerGold, Azermash, the Azerbaijan Investment Holding, Azerbaijan Railways, the Alat Free Economic Zone, and others attended the event. A significant portfolio of agreements and contracts worth over 2 Bln Usd was also signed at the business forum.


IFC is investing 150 Mln Usd in TBC Bank, Georgia's largest bank, to boost access to finance for its small and medium enterprise (SME) portfolio and bolster the country's climate finance market. IFC's financing is expected to help TBC Bank grow its SME and climate finance portfolios further. In addition, the project will help strengthen Georgia's climate finance market by promoting best practices in sustainable lending.

Chinese companies Xiaomi and TCL are considering moving their production facilities from Russia to Kazakhstan due to the threat of secondary sanctions from the U.S. and the EU. As the media outlet noted, if the companies move their business out of the Russian market, it would lead to a 10% to 20% increase in prices and shortages of ready-to-use products due to more complicated logistics.

Kazakhstan is launching the Green Corridor, a new system of assistance for investment projects that aims to speed up and simplify procedures, the Kazinform news agency reports. At the same time, the national company Kazakh Invest will establish a one-stop shop to attract investments exceeding 50 Mln Usd. According to the Astana government, the system should reduce the time to implement projects by 1,5 to two times and reduce the related costs during the planning and construction stages by 20-30%.

Kazakhstan's energy sector soars: record oil and gas production, digital innovations fuel growth. In the first half of the year, Kazakhstan achieved substantial oil and gas production results, extracting 44.7 Mln tons of oil and gas condensate and increasing gas production to 30 Bln cubic meters, a 101% rise from last year.




The PPP Center reported that Chinese companies intend to establish three companies in Kyrgyzstan, specialising in energy, mining, and transport. The Chinese side presented its experience and expressed interest in PPP projects in energy, transportation, aviation, railway, and road transportation.



The World Bank is considering a loan for Tajikistan's Rogun hydropower plant. Tajikistan's Deputy Minister for Finance, Yusuf Majidi, has announced that the Bank will consider financing the development of the Rogun hydroelectric power plant. According to him, the Bank can allocate 650 Mln Usd for this project in September.

The Kazakh-Tajik Investment Forum yielded nearly 900 Mln Usd in contracts. According to the Khovar National Information Agency of Tajikistan, the countries also plan to increase their trade turnover to 2 Bln Usd shortly.


By clicking here, you can download the Asian Development Bank's (ADB) Country Partnership Strategy 2024-2028 (CPS) for Turkmenistan. It is built upon three pillars: (i) supporting the green transformation to a sustainable and climate-resilient economy; (ii) strengthening economic competitiveness through diversification, private sector development, and human development; and (iii) promoting structural reforms and institutional development. The pillars will be supported by four crosscutting themes: (i) climate change, (ii) regional cooperation and integration (RCI), (iii) gender equality and women's empowerment, and (iv) good governance.




ADB approved two 400 Mln Usd loans to Uzbekistan for energy sector reforms and financial market development. The country joined ADB in 1995, and since then, the bank has provided the country with 12,5 Bln Usd in loans, grants, and technical assistance.

17 types of state monopolies should be eliminated in Uzbekistan in areas like energy, oil and gas, water management, road construction, railway, and airport services. The concept was presented to President Shavkat Mirziyoyev. According to official data, more than 2,000 documents limiting competition were signed by local governments and ministries in the past three years.

Uzbekistan, and Italian Cassa Depositi and Prestiti (CDP) discuss projects in the mining industry. The parties also discussed the possibilities of establishing bilateral mutually beneficial cooperation.