Central Asian Geoportal

For investors

 

Central Asia is located at the junction of two continents and represent a historically important bridge between Europe and Asia. Central Asia includes Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.  

Central Asian region borders on Russia in the north, on Afghanistan and Iran in the south and on China in the east.

Both EU and Central Asian countries are interested in the development of partnership relations, promotion of peaceful interaction and prosperity of this region.

EU and CACs assess the demands of each party while implementing certain tasks. These tasks include ensuring stability and security, sustainable economic development, countering poverty as well as close regional cooperation both within the region and between EU and central Asia.
At present, the European Union continues investing in the region in general and in each country individually. During 2007-2013 EU allocated about 719 million Euros for various regional programs and projects in certain countries.

Inflows of foreign direct investment in the five Central Asian countries – Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan - during 2009-2012 increased over sixfold against the period of 2000-2005.  

The central Asian region has a huge economic potential and considerable energy resources including oil, gas and hydroenergy. All this serves to ensure that the mining industry will attract further investments in the Central Asian countries.

According to the information contained in the global investment report for 2012 the largest investments were made in Kazakhstan ($8.0 billion against $2.5 billion in 2010) and Uzbekistan.

Statistics on international investment projects in the Central Asian countries 
Kazakhstan
Ongoing projects: 43
Budget (USD): $3,014.00 m *
New jobs: 10,408 *
Companies/Investors:: 40
Kyrgyzstan
Ongoing projects: 3
Budget (USD): $84.90 m *
New jobs: 451 *
Companies/Investors: 3
Tajikistan
Ongoing projects: 14
Budget (USD): $710.60 m *
New jobs: 780 *
Companies/Investors: 11

* including estimates

Generalized data for the last 24 months (source: Crossborder Investment Monitor)

Kazakhstan

Kyrgyzstan

Tajikistan

Active investors and companies

A | B | C | D | E | F | G | I | K | L | M | N | O | P | R | S | T | U | W
CompanyCountry
A  
Agip KCO
Anzob
Aprelevka
ArcelorMittal
B  
BG Group
Broadtec Mining Investment Co., Ltd
C  
Cameco
C.A. Мinerals
Chaarat Zaav
Chevron
ConocoPhillips
E  
ENI
ENRC
ExxonMobil
F  
Full Gold Mining
G  
Gazprom
K  
Kulob Petroleum Limited
L  
Lukoil
N  
Naryn Gold
P  
Palladex RR
Pokrud
R  
Rusal
S  
Shell
Somon Kaenem
Somon Oil
T  
Tajik-Chinese Mining Company
Tebian Electric Apparatus Stock Co.Ltd
Total
Z  
Zarafshon
Z-Explorer

Tоp

Kyrgyzstan

 

Kyrgyzstan is famous for its reserves of gold. Gold constitutes about one third of the country’s total export. There are over 30 commercially important or nearly important gold deposits, as well as hundreds of smaller deposits within the country. The other key minerals include beryllium, tungsten, tin and coal.

Currently over 40% of the country’s export are constituted by the products of mining and metallurgical industry which are almost completely exported. As compared to the legislations of other post-Soviet countries, the Kyrgyz legislation is more adapted to the market conditions. The miming sector is the priority industry in the country; therefore, the Government of Kyrgyzstan pays much attention to the improvement of the sector’s investment attractiveness, in particular, through the legal framework reforms.

Kazakhstan

 

The Republic of Kazakhstan has huge reserves of minerals. Over a half of world reserves of chrome have been concentrated in the country;  its subsoil contains lead, zinc, copper, silver, gold etc. Kazakhstan ranks first in the world for the reserves of tungsten, second – for phosphoric ore, third – for manganese, fourth for lead and molybdenum and eighths – for iron ores. Ferrous and non-ferrous metallurgies are among the leading industries. Due to the high quality, Kazakhstan copper, lead, zinc and cadmium are demanded and competitive at the global market. In oil reserves Kazakhstan is ahead of many oil-producing countries.  

Mining industry is the sector that attracts great investments in Kazakhstan. In 2012 fixed capital investments amounted to 5,473 billion KZT, which is 4.1% more than in 2011. The priority sectors for investments are education (34.2%), mining industry and quarry development (29.2%), agriculture, forestry and fishery (24.4%) and transport and warehousing (18.9%).

The World bank experts recognized Kazakhstan as the country with the most successful reforms in improvement of business environment. Kazakhstan ranks 47th among the 183 countries in the global rating of countries with the most favorable business climate.

Tajikistan

 

There are over 70 types of deposits in Tajikistan including mineral deposits. In total, over 400 ore and non-ore deposits of industrial importance have been identified. Special attention in Tajikistan is paid to reduction of time and costs for investors when entering the market. In this regard the “single window’ mechanism has been introduced, providing for reduction of costs and simplification of procedures in state registration. The country has introduced the three-year moratorium on any kind of inspections for the newly established enterprises engaged in production. Income tax and VAT have been reduced. 4 free economic zones have been created. According to the Government decision, visas for the citizens of 68 countries of the world are issued under the simplified procedure. Investors are provided with more than 40 statutory guarantees, benefits and exemptions; this proves that Tajikistan today is one of the most attractive countries for making investments. 

According to the World Bank report for 2011, Tajikistan has been among the top 10 reforming countries for two years consecutively. According to the ranking by “Doing Business 2011” the country improved by 10 positions in 2011, as compared to 2010, to rank 139th in the world.  

Tajikistan has a good potential for the development and attraction of foreign investments. It has all the necessary conditions for that: rich mineral and raw material resources, favorable soil and climatic conditions, qualified workforce and renewable water power resources.

Today the major investments in the country’s economy are made by companies from Canada, USA, Great Britain, Korea, Germany, Switzerland,  Italy, Hungary and Russia, for instance,  Neson Gojd Corporation (gold and silver deposits development) and Gulf International minerals (gold deposits development).

An important factor for the encouragement of investment processes is signing trade agreements.  Official relations between the Central Asian countries were strengthened by entering into bilateral trade agreements. Kazakhstan signed such an agreement with Kyrgyzstan and Tajikistan. Kyrgyzstan signed a similar agreement with Kazakhstan and Uzbekistan. Tajikistan signed a bilateral agreement with Kazakhstan only.