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Central Asia Weekly Roundup: news from Kazakhstan, Kyrgyzstan, Uzbekistan, and Tajikistan

18.01.2025

Central Asia Weekly Roundup: news from Kazakhstan, Kyrgyzstan, Uzbekistan, and Tajikistan

Stay informed with our summary of the most important stories from Kazakhstan, Kyrgyzstan, Uzbekistan, and Tajikistan.


Kazakhstan


Kazakh banks transition to a new standard

Banks in Kazakhstan have switched to a new ISO 20022 standard for financial messaging. This upgrade is expected to enhance the speed and security of payments while aligning with international practices.

Source: tengrinews.kz


Kazakh Tazy recognized as a unique dog breed

The Kazakh tazy has officially been recognized as a unique breed and included in the international registry. This decision highlights the cultural significance and historical value of the breed, which has been cherished in Kazakhstan for centuries.

Source:
tengrinews.kz


Completion of the deal: Power International Holding acquires Tele2/Altel

On January 14, 2025, the international conglomerate Power International Holding, based in Qatar, completed the acquisition of a 100% stake in “Mobile Telecom-Service” from Kazakhtelecom.

Source: tengrinews.kz


Water volume in the Aral Sea increases

The water volume in the Aral Sea has grown significantly, according to recent reports. This positive change is the result of joint environmental efforts and projects aimed at revitalizing the ecosystem and combating the desertification of the region.

Source:
tengrinews.kz


In Kazakhstan vulture declared Bird of the Year 2025

In Kazakhstan, the vulture has been named the Bird of the Year for 2025. This initiative aims to raise awareness about the conservation of this endangered species and the importance of protecting biodiversity in the country.

Source:
24.kg


Chinese Multifuntional Center to open in Astana

A new Chinese multifunctional center will be opened in Astana, aimed at fostering cultural and economic cooperation between Kazakhstan and China. The center will serve as a hub for business, education, and tourism, strengthening ties between the two countries.

Source:
24.kz



Kyrgyzstan


Kyrgyz films to be shown at Film Festival in Dhaka

Kyrgyz films will be showcased at the Dhaka Film Festival, highlighting the country's growing film industry and providing a platform for local filmmakers to gain international recognition.

Source:
24.kg


Two Kyrgyz startups reach Top 120 of the Aurora Tech Award

Two Kyrgyz startups have been selected for the Top 120 in the international Aurora Tech Award. This recognition highlights the innovation and potential of Kyrgyzstan’s emerging tech scene on the global stage.

Source:
24.kg


Exhibition of International Applied Arts сompetition to open in Bishkek

An exhibition showcasing works from the International Applied Arts Competition will open in Bishkek. This event aims to highlight the creativity and craftsmanship of artists from around the world.

Source:
24.kg


Kyrgyzstan plans to launch 40 tourist bases in 2025

In 2025, Kyrgyzstan plans to open 40 new tourist bases to boost its tourism sector. The initiative aims to attract more visitors, offering better infrastructure and services for those exploring the country's natural beauty.

Source: 24.kg


Bishkek buses fully transition to cashless payment system

Bishkek's public buses have completely switched to a cashless payment system. Passengers can now pay for their rides using electronic methods, making transportation more convenient and efficient.

Source:
24.kg


Kyrgyzstan's GDP exceeds 1.5 trillion soms in 2024

In 2024, Kyrgyzstan's GDP surpassed 1.5 trillion soms. This economic milestone reflects the country's positive growth trajectory, driven by developments in various sectors including agriculture, services, and industry.

Source:
24.kg



Uzbekistan


Uzbekistan plans to attract $42 billion in foreign investments in 2025

Uzbekistan aims to secure $42 billion in foreign investments in 2025. This ambitious goal is part of the country’s strategy to strengthen its economy and support the development of key industries such as energy, infrastructure, and technology.

Source:
spot.uz


In 2024, the EBRD invested a record €938 million in Uzbekistan's economy

The European Bank for Reconstruction and Development invested a record €938 million in Uzbekistan's economy in 2024. The funds were directed toward key sectors, including infrastructure, energy, and private enterprise development, marking a significant milestone in the country’s economic growth.

Source:
gazeta.uz


Uzbekistan’s GDP reached $115 Billion in 2024

In 2024, Uzbekistan’s economy grew by 6.5%, reaching $115 billion, as reported during a presidential meeting. The president highlighted the achievements of several districts and sectors in attracting investments but also criticized certain ministries and district governors for their shortcomings.

Source:
gazeta.uz


Paynet privatizes Humo payment system for $65 million

The state-owned share in the Humo payment system was sold for $65 million. The buyer is Paynet, a payment operator that had already undergone privatization.

Source:
gazeta.uz


Footballer Abdukodir Khusanov to join Manchester City for €40 million

Uzbekistan national team defender and current Lens player Abdukodir Khusanov will transfer to Manchester City. The deal is valued at €40 million plus bonuses. The 20-year-old is set to sign a 4.5-year contract with an option to extend for another year.

Source:
gazeta.uz



Tajikistan


Tajikistan attracted $4.9 billion in foreign investments in 2024

In 2024, Tajikistan secured $4.9 billion in foreign investments, as reported by the authorities. These funds were directed toward key sectors such as energy, industry, and infrastructure, contributing to the country's economic growth and development.

Source:
asiaplustj.info


National Bank of Tajikistan to sell rare coins

The National Bank of Tajikistan is putting rare coins up for sale. These coins, which are part of the country’s numismatic heritage, will be available to collectors and the general public, offering a unique opportunity to acquire valuable pieces of history.

Source:
asiaplustj.info


EDB forecasts economic growth for Tajikistan

The Eurasian Development Bank predicts positive economic growth for Tajikistan in the coming years. The forecast highlights an expected increase in key sectors such as agriculture, industry, and services, contributing to the country's continued economic development.

Source:
tj.sputnilnews.ru


Tajikistan announces five-year development plan for digital economy and innovation

Tajikistan has declared a five-year plan focusing on the development of its digital economy and innovations. The initiative aims to modernize the country's infrastructure, promote technology-driven growth, and enhance innovation across various sectors.

Source:
tj.sputnilnews.ru


Tajikistan launches first Digital Art Gallery

Tajikistan has opened its first digital art gallery, showcasing innovative artworks created using digital technologies. This gallery aims to promote modern art in the country and provide a platform for both local and international artists to exhibit their work.

Source:
asiaplustj.info

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