15.07.2022, 16:05 32206
Kazakhstan to spend KZT100bn to fight COVID-19 this year
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This year KZT100bn is provided for the fight against the coronavirus infection. The funds will be spent on vaccine purchases, treatment of patients, and extra pay to health workers working under particularly hazardous conditions," said Giniyat.
The health ministry head pointed out that this year's budget is six times less than last year's.
Earlier it was reported that COVID-19 cases have surged 2.5 times over the past week.
According to the Health Ministry, up to 1,300 COVID-19 cases with a positive PCR test result and 15 cases with a negative result are registered on a daily basis.
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31.03.2023, 15:06 3491
Kazakhstan and UAE agree to increase tankage for oil transport across Caspian Sea
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CEO of KazMunaiGas National Company JSC Magzum Mirzagaliyev and Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, held talks, Kazinform refers to the company’s press service.
The sides debated the Caspian Integrated Maritime Solutions (CIMS) joint venture’s development strategy which is officially registered and functioning since February this year.
The parties focused on further extension of the CIMS tanker fleet to ship oil across the Caspian Sea and Black Sea.
Besides those attending discussed the development of the service fleet for the Kazakhstani sector of the Caspian Sea.
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30.03.2023, 14:39 8961
EBRD offers fresh funds to promote green investment in Kazakhstan
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The European Bank for Reconstruction and Development (EBRD), which became fully aligned with the Paris Agreement at the start of 2023, is helping Kazakhstan to reduce energy consumption, promote the use of renewable energy sources and support local businesses in adopting environmentally friendly practices, ebrd.com reports.
Hundreds of companies and thousands of households across the country will be able to modernise production, increase their energy efficiency and improve their climate resilience thanks to a new financing facility launched by the EBRD today.
The Bank is providing funds of up to US$ 150 million (in KZT equivalent) to participating financial institutions under the Kazakhstan Green Economy Financing Facility II (GEFF Kazakhstan II) for on-lending to individuals, private-sector companies and small and medium-sized businesses across the country.
The facility will also offer financing to vendors and producers of high-performing green goods and equipment, including those covered by the online Green Technology Selector, available on the GEFF Kazakhstan II website.
Supported by the Climate Investment Funds (CIF), GEFF Kazakhstan II will also promote the development of local markets for green technologies and equipment, which will contribute to the growth of the green economy, make green technologies more affordable and create new job opportunities. It will facilitate investment in climate change mitigation and adaptation projects, advance the circular economy, and promote the decarbonisation and competitiveness of the Kazakh economy.
GEFF Kazakhstan II also incorporates the EBRD’s Gender SMART approach, promoting equality of opportunity and the increased role of women in Kazakhstan’s economy. Participating financial institutions will take on board a new investment culture driven by gender equality and offer gender-sensitive financial products.
GEFF Kazakhstan II builds on the GEFF Kazakhstan pilot, which has been in place since 2020, supported by the Government of Austria and the Global Environment Facility (GEF). Since its inception, the project has attracted more than 1,500 clients and channelled over US$ 30 million into energy- and resource-efficiency projects around the country.
It also has helped to reduce annual CO2 emissions by more than 200,000 tonnes and achieve primary energy savings of more than 573,000 MWh. The funds were provided through Bank CenterCredit, Shinhan Bank and KMF, a microfinance organisation. More than 60 per cent of these projects involved women-led businesses and were in rural areas.
With more than €10 billion invested in the country to date through 304 projects, Kazakhstan is the EBRD’s largest and longest-running banking operation in Central Asia.
Source: kazinform
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28.03.2023, 11:39 15761
KazTransOil starts shipping 25,000 tons of Russian oil to Uzbekistan
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JSC "KazTransOil" has started shipping 25 thousand tons of Russian oil for transit through the territory of the Republic of Kazakhstan to the Republic of Uzbekistan en route "Omsk - Pavlodar - Shymkent - oil loading rack Shagyr" (loading into railway tanks), Kazinform learned from the company's press office.
Oil transportation is carried out in accordance with the oil supply schedule approved by the Ministry of Energy of the Republic of Kazakhstan.
In 2023, the expected volume of Russian oil transit to the Republic of Uzbekistan through the system of main oil pipelines of KazTransOil JSC will be 250 thousand tons.
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16.03.2023, 15:54 45611
KazTransOil plans to transit 25,000 tons of Russian oil to Uzbekistan in March
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In accordance with the oil supply schedule approved by the Ministry of Energy of the Republic of Kazakhstan, in March KazTransOil JSC plans to transport 25,000 tons of Russian oil through the territory of the Republic of Kazakhstan to the Republic of Uzbekistan along the route Omsk - Pavlodar - Shymkent - oil loading rack Shagyr (loading at railway tanks).
In 2023, the expected volume of Russian oil transit to the Republic of Uzbekistan through the system of main oil pipelines of KazTransOil JSC will make 250, 000 tons, Kazinform quotes the company’s press service.
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13.03.2023, 12:44 51406
EBRD helps Ust-Kamenogorsk complete street lighting upgrade
The European Bank for Reconstruction and Development is rolling out its Green Cities programme in Kazakhstan by financing street lighting improvements in the city of Ust-Kamenogorsk (Oskemen), the largest municipality in the east of the country
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The European Bank for Reconstruction and Development is rolling out its Green Cities programme in Kazakhstan by financing street lighting improvements in the city of Ust-Kamenogorsk (Oskemen), the largest municipality in the east of the country, ebrd.com reports.
A senior 10-year loan of KZT 4.1 billion (€8.5 million) will be provided to the Regional Center of Public-Private Partnership of the East Kazakhstan region, which is responsible for the preparation of public-private partnerships in the region. It will allow the upgrade of the street lighting system in Ust-Kamenogorsk to be completed and an additional 6,000 energy-efficient LED street lights along 150 city streets to be installed.
This is one of the first projects under the Ust-Kamenogorsk Green City Action Plan (GCAP) - a crucial tool that is helping the municipality set out its sustainable development vision and strategic objectives, as well as the actions and investments required to address high-priority environmental issues. The GCAP, jointly developed by the EBRD and the city, will help, among other things, reduce CO2 and other harmful emissions and improve air quality in the city.
The city of Ust-Kamenogorsk and the Bank have been working on upgrading the city’s street lighting since 2017. Joint efforts have already allowed over 22,000 spotlights to be replaced, more than 400 electric cabinets to be installed and over 340 km of electric cables to be laid. These improvements have contributed to electricity savings, a more efficient operating company and a significant reduction in traffic accidents and crime in the city.
Technical assistance for the project preparation was provided by the TaiwanBusiness-EBRD Technical Cooperation Fund.
With almost €10 billion invested in the country to date through 304 projects, Kazakhstan is the EBRD’s largest and longest-running banking operation in Central Asia.
Source: kazinform
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03.03.2023, 12:56 94761
Kazakhstan and Uzbekistan set up UzQazTrade company
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QazTrade trade policy development centre and UzTrade JSC founded the UzQazTrade foreign trade company to boost mutual turnover between Kazakhstan and Uzbekistan, Kazinform quotes the Kazakh Trade Ministry.
According to QazTrade director general Nuraly Bukeikhanov, the development of a joint company will let Kazakhstani companies increase amount of deliveries of goods to both markets, contribute to generation of proposals on lifting restrictions and barriers in mutual trade.
First it is planned to purchase fruit and vegetable products from Uzbekistan to meet the domestic needs. The company is expected to help sell Kazakhstani flour goods in the territory of Uzbekistan with an opportunity for further exports to Afghanistan. Notably, Kazakhstan and Uzbekistan agreed on granting preferences on supply chain costs.
Besides, the project will contribute to raising efficiency of state measures to reduce Kazakhstan’s dependence on imports from the third countries.
In 2022 the sales between the two nations reached $5 billion dollars that is 29.8% more as compared to 2021 with $3.8 billion dollars. Kazakhstan’s exports grew by 33% to stand at $3.7 billion dollars mainly thanks to ore, wheat, sunflower oil, meat exports. Kazakhstan’s import rose in 2022 by 21.4% to hit $1.3 billion dollars. Kazakhstan mainly buys spark-ignited engines, grapes, bricks, etc.
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03.03.2023, 12:29 94896
Government discusses Trans-Caspian International Transport Route development
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Prime Minister Alikhan Smailov has held a meeting of the Government to discuss the measures of development of the Trans-Caspian International Transport Route (TITR), Kazinform learned.
The meeting participants emphasized that the terms of transit cargo transportation via the territory of Kazakhstan were reduced twofold: from 12 to 6 days. Meanwhile, this indicator is expected to reach 5 days in 2023.
In general, the terms of cargo transportation from China to the Black Sea ports via the Trans-Caspian International Transport Route have already reduced from 38-53 to 19-23 days, and will reach 14-18 days at the end of 2023. This progress became possible due to the joint work of the member-countries on the elimination of ‘sticking points’ on the route, the introduction of through rates, and the implementation of other measures.
The meeting also discussed the measures of further modernization of Kazakhstan’s railroad infrastructure, renewing rolling stock, and expanding the merchant marine and capacities of the Aktau and Kuryk seaports.
The participants announced the plans of creating a container hub in Aktau, renewing the transshipping vehicles fleet, renovating oil-loading terminals, as well as building a new mooring and multi-functional and grain terminals in the Kuryk Port.
It is expected that 10 petro-barges, eight ferries, six tankers and container ships will operate on the Caspian Sea until 2030.
Another topic raised at the meeting was the preparation of an agreement between Kazakhstan and China on the TITR development aimed at simplification of customs procedures and approval of guaranteed volumes of transportations via the route.
The Prime Minister tasked to accelerate the procedure of harmonization of the document by the relevant governmental authorities of Kazakhstan for its further discussion at the inter-state level.
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02.03.2023, 15:36 103106
Kazakhstan, France mull creation of genetics center
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Kazakh Agriculture Minister Yerbol Karashukeev attended the Salon de l'Agriculture (SIA-2023) exhibition in Paris as part of his visit to France, Kazinform cites the Ministry’s press service.
On the sidelines of the SIA-2023 exhibition, the Kazakh agriculture minister held a number of meetings with French colleagues and heads of major European companies.
In a meeting with French Agriculture and Food Minister Marc Fesneau, the sides discussed enhancing bilateral partnership in agriculture, with the Kazakh minister stressing his side’s interest in promoting projects in animal husbandry.
In particular, a project on creation of a genetics center together with France’s Evolution is under development. The facility is to give impetus to animal genetics in Kazakhstan. The Kazakh minister, Karashukeev, also spoke about the joint project KazBioFarm with Boehringer Ingelheim on veterinary vaccines production.
While meeting with Director General of the World Organisation for Animal Health (OIE) Dr Monique Eloit, the Kazakh minister put forward a number of pressing issues in the veterinary well-being in Kazakhstan. The project for production of foot-and-mouth vaccine. In the country as well as the safety of animal product trade in areas bordering Kazakhstan was discussed.
Karashukeev also held meetings with heads of several major countries in Europe, including representatives of Medef, France’s Food Service Enterprises Federation FICT, as well as Lactalis company. The Kazakh minister invited French partners to carry out projects on deep processing of grain, production of child nutrition, and other products in Kazakhstan.
France is a major investor in the Kazakh economy and a key partner of Kazakhstan. The trade turnover of agricultural products between Kazakhstan and France accounted for 64.1 million US dollars in 2022, a 17.4% increase compared with 2021.
The Salon de l'Agriculture (SIA-2023) exhibition brings together around 700 thousand people all round the world each year.
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