New Lifan cars will be assembled at the Nakhchivan Automobile Plant (NAZ), the plant’s Director Musa Abdullayev said. This issue was discussed during the talks in Baku between the plant’s Director Musa Abdullayev and Director General of Lifan International Sun Zejun. Four-wheel drive Lifan X7 sport utility vehicle (SUV) and a minivan for 11 people…
Kazakhstan completed the overhaul of its section of Tuimazy-Omsk-Novosibirsk-2 (TON-2) oil pipeline which allowed to increase its capacity from 7 to 10 million tons of oil per year, KazTransOil company reported. The pipeline section 185.6 km long was replaced within the overhaul work. The overhaul of TON-2 was conducted to ensure the reliable oil transportation…
Kazakhstan’s GDP growth is projected at 1.9% in 2017, Minister of National Economy Kuandyk Bishimbayev said. The forecast includes expectation of increase in oil production due to commissioning of the Kashagan field. Forecast for GDP growth for 2016 is still at 0.5%, which was expected earlier. Inflation in 2016 is expected to reach 8.5%, Bishimbayev…
Ambassador of the Republic of Tajikistan in Japan Hamrokhon Zarifi took part in the event dedicated to the measures for the management of seismic risks and technology of Japan. The event was organized by the Ministry of land, infrastructure, transport and tourism jointly with the Ministry of Foreign Affairs of Japan with participation of Japanese…
Russia’s Gazprom is planning to procure about 15 billion cubic meters of gas from Asia in 2016, Deputy head of Gazprom Export Mikhail Malgin said. Gazprom Export decreased purchase of natural gas from Turkmenistan from January 1, and increased purchase of gas from Uzbekistan. The Uzbek and Russian sides reached agreement on purchase of the…
Implementation of Russia’s controversial package of anti-terrorism laws, obliging telecom and Internet operators to store metadata, content of users’ talks and correspondence, will give an additional impetus for development of the domestic industry, Industry and Trade Minister Denis Manturov said. “I positively see (the laws), because we will have a stimulus to develop our industries…
China and Kazakhstan plan to implement 51 joint projects in different spheres in Kazakhstan, Kazakh President Nursultan Nazarbayev said following his working visit to China, according to the president’s press-service. Facilities for two of them have already been built, four more facilities worth $2.5 billion will be completed by the end of 2016, the president…