Kazakhstan and China intend to build a metallurgical plant with a capacity of up to 3 million tons of steel per year
Currently, about 3,000 licenses for the exploration of solid mineral resources (SMR) have been issued in Kazakhstan, said Iran Sharkhan, Vice Minister of Industry and Construction of Kazakhstan.
The Asian Development Bank (ADB) has approved a loan to Kazakhstan's Otbasy Bank to expand access to affordable housing finance for women and promote green mortgage products for low- and moderate-income households.
Kazakhstan is balancing potential gains from higher oil prices with risks linked to weaker global risk appetite and rising inflationary pressures amid heightened tensions in the Middle East, ING said.
With a 4.7 percentage point increase, food and non-alcoholic beverages were the biggest contributors to yearly inflation.
A 25-company Kazakh trade delegation to Qingdao resulted in $125 million in deals with Chinese partners. Direct B2B meetings to showcase agro-industrial products such as flour, oil and fat, honey, dairy, and confectionery attracted Chinese importers and distributors.
The Eurasian Development Bank (EDB) has placed three-year US dollar-denominated bonds on the Kazakhstan Stock Exchange (KASE).
