manufacture in the East

China interested in plant construction in Kazakhstan

China’s HKC Corporation Limited, one of the five companies of China in the market for the production of monitors and TV sets, intends to build an assembly plant in Kazakhstan’s Kostanay region, Kazakh Invest national company said. …

Read
Chinese company to build complex of plants in Kazakhstan

China's large automotive company DongFeng plans to build a complex of factories in the North-Kazakhstan region, the chairman of the supervisory board of SKO JV KAZ LLP Yerzhan Artybekov said at the meeting with the official delegation of the …

Read
 Kazakh Kyzyl gold mine launched ahead of schedule

  Russian gold and silver producer Polymetal said it has launched its Kyzyl mine in Kazakhstan ahead of schedule and below budget. The company said that the concentrator at Kyzyl had entered a three-month ramp-up period, …

Read
Uzbekistan to almost double car production

Uzavtosanoat JSC plans to increase production of cars in Uzbekistan to 220,000-230,000 units per year, chairman of the Board of Uzavtosanoat Umidjan Salimov said at a press conference in Tashkent. The country produced …

Read
Azerbaijan and Iran to unite efforts in Caspian

The creation of the Iran-Azerbaijan joint oil company will be beneficial for both parties and will allow to resolve the issue with the disputed  Araz-Alov-Sharg oil field, however, the project implementation is a distant possibility so far, …

Read
Bahrain discovers largest oil discovery since 1932

Bahrain said that it had discovered the country's largest oilfield in decades, located off the west coast of the kingdom, the BNA news agency reported.  According to the agency, the new tight oil and deep gas resource is …

Read
Kazakhstan's car industry shows improvements in 2017

In 2017, residents of Kazakhstan bought more than 46,000 new cars worth $1.12 billion, the press service of KazAvtoProm reported. The press service noted that the sales have increased by 28.6% in comparison with 2016. …

Read
 Turkey to establish new ministry - media

Turkey may establish a car manufacturing ministry, local media outlets reported. The  ministry will be created within the framework of the program for the creation of Turkish cars. It will control the production of domestically …

Read
 Renault forms new joint venture company in Iran

French carmaker Renault (RENA.PA) signed a new joint venture deal in Iran following an initial partnership agreement struck last year, which Renault said would boost its growth in the country. Renault will be the majority shareholder of …

Read
Italy to build rail line between Iran's Arak and Qom

Iran Railways and Italy's Ferrovie dello Stato (FS) inked three cooperation, investment and training MoUs. Head of the Iran Railways Saeed Mohammadzadeh and CEO of Ferrovie dello Stato (FS) Renato Mazzoncini signed …

Read
Rouhani: Iran’s missiles for defensive purposes

Iran’s President Hassan Rouhani said that the country will not back down from pursuing its missile program. Rouhani reaffirmed that Iran’s missiles are for defensive purposes, saying the country seeks …

Read

Populars