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February 2015

Kazakhstan is Preparing for Sowing Season

Friday, February 27, 2015 - 09:55

At the briefing in the Central Communications Service under the President of Kazakhstan that was held on Thursday, February 26, a Deputy of Senate (the upper chamber of parliament) Sergei Plotnikov reported on adjustment of the state budget for the current year in the part, which concerns financing of agriculture. According to him, despite the current difficult enough economic situation in the world, the agricultural sector of the republic will receive additional 20 billion tenge.

A New Railway Service is Opened between Kazakhstan and China

Friday, February 27, 2015 - 09:09

A new railway service will link Kazakhstan and China, after the first freight train departs from the Chinese port city of Lianyungang (Jiangsu Province) to Kazakhstan on Wednesday, February 25. The route will run along a new railway, which was built by joint efforts of both countries. This important news was reported by Xinhua Agency, which noted that travel time to Almaty would now be 12 days.

 

The Prospects of the Fourth Refinery in Kazakhstan

Thursday, February 26, 2015 - 15:02

The location of the construction site of the fourth Kazakhstani oil refinery has not been defined yet, as it was stated on Wednesday, February 25 at the briefing held in the Central Communications Service by the First Deputy Energy Minister Uzakbai Karabalin. Also, according to him, now seven regions, which can provide a platform for construction, are under consideration. According to the Deputy Minister, there are several criteria for the final selection, which are used in the process of making a final decision on the matter.

 

In 2015 Almaty will be the Capital of Islamic Culture

Thursday, February 26, 2015 - 14:45

An informal southern capital of Kazakhstan, Almaty at the end of this year became the capital of Islamic culture. The news was reported in the press service of the Ministry of Sports and Culture of the Republic, which noted that currently the city is open for free cultural tourism.

Kazakh Company will Receive a Large Loan

Thursday, February 26, 2015 - 09:15

The Kazakh company "Voskhod chrome", which is the "daughter" of the Turkish group «Yildirim», will get a loan from «UniCredit» and the EBRD in the amount of $ 260 million. The news was reported in the press service of the EBRD, which stated that the loan consists of two parts - Tranche A amounting $ 130 million, which will be provided by the bank and the Tranche B in the same amount from «UniCredit».

Three International Exhibitions Opened in Tashkent

Thursday, February 26, 2015 - 08:31

On Tuesday, February 24 three international exhibitions began their work in the capital of Uzbekistan. They are "Construction - UzBuild-2015", "Ventilation and heating, plumbing, air conditioning, swimming pools and plumbing - Aqua-Therm Tashkent-2015" and "Furniture, production technology, and interior design - MebelExpo Uzbekistan-2015". The organizers of these events are an international exhibition company ITE Uzbekistan, as well as a group of companies ITE, which is its partner.

In Two Years Kazakhstan will Be Fully Provided with Its Own Petroleum Products

Wednesday, February 25, 2015 - 10:56

Starting from 2017, Kazakhstan will be fully provided with all kinds of petroleum products of its own production - gasoline and diesel fuel of different brands. This will happen after the modernization of all Kazakh oil refineries is completed, when gasoline production increases by 20 percent. This was announced by Energy Minister Vladimir Shkolnik, who added that in physical terms, an increase would make about 4.2 million tones - from the current 14.3 to 18.5 million tons.

 

A Meeting of the Security Council of Kazakhstan was Held in Astana

Wednesday, February 25, 2015 - 10:09

On Tuesday, February 24 the capital of Kazakhstan Astana hosted a meeting of the Security Council under the leadership of the President of the Republic Nursultan Nazarbayev concerning the strengthening of the national armed forces. In addition, during the event issues related the implementation of the 2014 National Security Strategy and the most urgent tasks at the moment were discussed.

The Project for “Tengizchevroil” Expansion was Presented in Kazakhstan

Wednesday, February 25, 2015 - 09:12

Until the end of this year it is scheduled to take a final decision regarding the financing of the project for expansion of the oil and gas company "Tengizchevroil". This statement was made in the course of the briefing held in the capital of Kazakhstan in the Central Communications Service by the Minister of Energy of the Republic Vladimir Shkolnik. "It is planned to make the final decision regarding the project of the future expansion of the "TCO", in particular, financing of the upcoming event by the end of 2015" - he said.

Automotive Market of Kazakhstan Shrank Sharply in January

Wednesday, February 25, 2015 - 08:49

In the first months of this year, the official car market of Kazakhstan has “shrunk” significantly in comparison with indicators of December 2014. Decline in sales was 40.42 per cent, which in physical terms is equal to 7774 cars and commercial vehicles of various categories. As for the comparison with the results of January 2014, the decline in sales was 28.53 percent (last year 10,877 cars were sold), as the head of the Association of Kazakhstan's automotive business Andrey Lavrentiev reported.