President of Kazakhstan Nursultan Nazarbayev has given a green light to exports of camel and mare milk from Kazakhstan during the nationwide teleconference in Astana. These food products will be exported by Golden Camel Group LTD based in Turkestan. This is the only enterprise that produces camel and mare milk powder in Kazakhstan. 90% of…
Information and Communications Minister Dauren Abayev described the Astana Hub work. “On November 6 the Head of State attended the presentation of the Astana Hub International Technology Park. Two acceleration programs carried out there helped select more than 20 startup projects with investments attracted up to KZT 49 million,” the minister said. According to him,…
Foreign investments in the amount of $12.3 billion were attracted to the economy of Kazakhstan in the first half of 2018, This is 15.4% more than a year earlier ($10.6 billion). Interestingly, 92.4% of all investment flows to Kazakhstan in the six months accounted for only 10 countries. The absolute leader in investing to the…
In January-September the production volumes of flour in Kazakhstan totaled 3.05 million tons, up by 1.9% YoY, reported the Statistics Committee at the Ministry of National Economy of the Republic of Kazakhstan. According to the announcement, Kostanay region produced the largest volumes of flour – 854.3 thousand tons, or 28% of the total volume, down…
In the three quarters of the current year Kazakhstan produced 466.2 million liters of beer, up by 5.7% YoY. The main producers were Carlsberg Kazakhstan and Efes – their combined share amounted to about 75% of total production in the country. In the regional context, Almaty and Almaty region accounted for 62.2% of total production…
Russia’s Ural Airlines plans to add four more new air routes to its network from Kazakhstan to Russia during the fall and winter 2018-2019, the Kazakh Civil Aviation Committee’s press service said. The flights will be operated by A319, A320 and A321 aircrafts. Ural Airlines will fly between Zhukovsky and Almaty five times a week…
Kazakhstan’s GDP grew by 4.1% YoY in January-October, Minister of National Economy Timur Suleimenov announced. “In January-October the economy of Kazakhstan maintained a positive growth trend. GDP growth in the period under consideration reached 4.1%. The major factors of economic growth were a high investment activity, slowdown in inflation, and a production increase in the…