Kazakhstan: cargo transportation up in January-July 2019

Cargo transportation in Kazakhstan in January-July made 339.306 billion t-km, up by 1.7% YoY. According to the Statistics Committee of the Ministry of National Economy, road cargo transportation jumped by 8.1%. The volume of commodity transportation made 2.295 billion tons (+3.8%). Passenger transportation in the reporting period reached 167.564 billion p-km (+4.7%). Movement of passengers…

Kazakhstan: fire-resistant construction materials manufacturing to be launched

The manufacturing of new construction materials, including blocks, panels and bricks will be launched on the territory of Saryarka special economic zone in Kazakhstan’s Karaganda region, the press office of region’s akimat (administrative center) reported. As the source in akimat stated, the project belongs to Termo Form company. The estimated capacity of the manufacturing will…

Kazakhstan: investments economy up in 2018

The value of investments attracted to the economy of Kazakhstan amounted to 11.179 trillion tenge in 2018, up by 17.5% YoY, the Committee of Statistics reported. “In the reporting period Shymkent city was the leader by attracted investments, the volume of which increased by 162.2%. It is followed by Atyrau and Kyzylorda regions of Kazakhstan,…

Kazakhstan: gas-turbine station to be built

ERG Company is set to fund construction of the gas-turbine station in the country’s south. “The company is expected to invest $500 million in installing the gas-turbine station to provide the south of Kazakhstan with electricity and heat energy in the winter,” Shymkent mayor Gabidulla Abdrakhimov said. The government has approved the 2023 Shymkent complex…

Kazakhstan: GDP up in January-May 2019

The country’s GDP growth reached 4% in January-May, Kazakh Prime Minister Askar Mamin said at a government meeting. He instructed to take measures to increase the pace of economic development. The main drivers of the economy were construction – an increase of 8.8%, trade – 7.5%, transport – 5.3%, processing industry, including mechanical engineering –…

Kazakhstan: flour exports down in MY 2018-2019

Kazakhstan exported 1.2 million tons of flour in September-March 2018-2019, down by 21% YoY and the lowest volume in three years. Afghanistan is the biggest importer with its market share reaching 67%. Growth in exports is registered to China (+272%) and Tajikistan (+59%). A decrease in shipments is observed to Afghanistan (-20%), Uzbekistan (-33%) and…

Kazakhstan: GDP up in January-April 2019

Kazakh National Economy Minister Ruslan Dalenov gave an insight into the country’s economic growth rates. According to him, the country’s GDP growth made 4% in January-April against 3.8% recorded in this January-March due to accelerated development in manufacturing sector, service industry, agriculture and steady construction rates. “Since the beginning of the year the inflation rate…

Kazakhstan: FlyArystan maiden flight lands in Nur-Sultan

FlyArystan low-cost airline has performed its first flight landing in Nur-Sultan, the Telegram Channel of the Civil Aviation Committee of the Kazakh Industry and Infrastructure Development Ministry reads. The solemn presentation of the first flight of FlyArystan low-cost carrier took place at the airport. Samruk Kazyna CEO Akhmetzhan Yessimov, Kazakh Industry and Infrastructure Development Minister…

Kazakhstan: company to build railways in Slovakia

Thanks to support of KazakhExport Export Insurance Company (Baiterek affiliate) Kazakhstani companies have reached a new level of cooperation, Chairman of the Board of Baiterek National Management Holding Aidar Arifkhanov said. KazakhExport encourages Kazakhstani companies to enter the international market of construction services. For example, the country’s companies take part in the railways construction tender…

Kazakhstan: Almaty to build 10 ski resorts

“It is planned to build 10 ski resorts in Almaty to boost mountain skiing tourism,” deputy head of the Almaty city tourism department Kalibek Akylbekov said. “Mountain skiing tourism development will embrace three clusters in Almaty and Almaty region until 2025. Last year the Austrian company developed the Almaty and Almaty region alpine tourism cluster.…