Central Asia Is Investing in Itself

Quick Summary:

Foreign investment has long been a focus for Central Asia, but the region's governments are increasingly looking to their neighbors.

Existing Kazakh projects in Uzbekistan include an autoclaved aerated concrete plant in the Tashkent region ($12 million), and three cement plants – Kusavaycement, Bekabadcement, and Kyzylkum Cement.

Announced at the International Energy Investment Forum in Vienna in June 2024, the $4.5 billion project has garnered interest from major donors, including the World Bank, Eurasian Development Bank, and the Asian Development Bank.

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Article Details

Author / Journalist: Aruzhan Meirkhanova and Rassul Kospanov

Category: Economy

Markets: United StatesAustraliaCambodiaChinaIndiaIndonesiaJapanKazakhstanNorth KoreaSouth KoreaKyrgyzstanMaliMyanmarPhilippinesTajikistanUzbekistan

Topics: Investments Million Bank Kazakhstan Projects Plant Regional Investment Uzbekistan Million) Central

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 23:19:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2684 words

Reading Time: 15 minutes read

Sentences: 114 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 23823016

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