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…
Head of State Kassym-Jomart Tokayev has charged to allocate KZT 29 billion for the construction of 20 schools in Almaty region in 2020-2021. “Our main goal is to improve the quality of life. We should solve the problems of dangerous school buildings and three-shift education. The region lacks 20 schools. It is crucial to allot…
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 is looking to export electricity to EAEU countries, where it is also a member. The Eurasian Economic Union (EAEU) is an economic union, which includes Armenia, Kazakhstan, Russia, Belarus, and Kyrgyzstan. “In the last three years the total volume of exported electricity reached 13.789 billion kWh (4% of the volume produced). Within the framework…
FlyArystan has demonstrated its Airbus A320 aircraft, which is ready to take passengers on board. The Kazakh low-cost airline will operate its first flight on the Almaty – Nur-Sultan route on May 1. “We are part of the Air Astana group of companies. The aircraft also belongs to Air Astana, but previously it had a…
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…
Uzbekistan and Kazakhstan are planning to increase the volume of mutual trade to $4 billion. Nowadays, Kazakhstan and Uzbekistan carry out joint projects and cooperation programs in such areas as mechanical engineering, electrical engineering, food industry, tourism, transport and logistics. Recently, the volume of trade between the two countries has grown at a high rate.…