In line with the President’s directive to diversify economy and attract investments, Kazakhstan’s Zhambyl region is carrying out comprehensive work to support projects in the manufacturing sector. One such initiative is the construction of a metallurgical plant in the Jibek Joly special economic zone in the Shu district, with the Akim (governor) of Zhambyl region…
Companies operating in Armenia will receive preferential conditions for producing metal items from local raw materials, including molds and semi-finished products. According to a decision adopted at a government session, enterprises engaged in such production will be eligible for a 10% subsidy on industrial loans. In recent years, the country’s metallurgical sector has developed based…
The output of Uzbekistan’s metallurgical industry totaled 14.1 trillion sums ($1.09 billion) in January. The data from the Statistics Agency showed that this sum rose by 35.5% YoY. The proportion of the metallurgical sector within the manufacturing landscape constituted 32%. At the same time, the volume of other non-metallic products reached 1.8 trillion sums ($139.6…
Prime Minister Olzhas Bektenov has met with Chairman of the Board of one of China’s leading metallurgical companies, Fujian Hengwang Investment Co., Ltd., Zeng Zhaoqiang. During the meeting, the realization of the agreements reached during the Kazakhstan-China investment roundtable following the Kazakh Prime Minister’s working visit to China in November 2024 was discussed. “The meeting’s…
The volume of Uzbekistan’s metallurgy industry in January-November 2024 reached 154.5 trillion sums, showing significant growth compared to previous years, according to the Statistics Agency. The dynamics of this indicator over the years is as follows (January-November): 2020 – 70.9 trillion sums, 2021 – 87.4 trillion sums, 2022 – 97.8 trillion sums, 2023 – 113…
The output of Uzbekistan’s metallurgical industry totaled 154.5 trillion sums ($11.9 billion) from January through November 2024. The data from the Statistics Agency showed that this figure increased by 36.7% YoY. The share of the metallurgical industry in the structure of the manufacturing industry amounted to 23.3%. (Trend)
In January-September, the volume of capital investments in metal industry increased by 39.7% YoY, to 8.47 billion UAH. According to the State Statistics Service, in the first quarter investments amounted to 2.21 billion UAH (+67.4%), in the second – 2.85 billion UAH (+47.7%) and in the third – 3.4 billion UAH (+21.2%). Capital investments in…
Increase of railroad cargo transportation by 37%, planned by Ukrzaliznytsia, will have catastrophic consequences for the economy, as it will lead to shut down of strategic enterprises and to the drop in revenue. Taking into account the state of the domestic industry, the government must impose a two-year moratorium on the increase of Ukrzaliznytsia tariffs…