Articles by Talgat Issenov

ASTANA – Political Scientist and Single Accumulative Pension Fund (SAPF) Public Council Chairperson Dosym Satpayev reacted to the National Bank’s response in connection with the public council’s request to explain its reasoning for spending 50 billion tenge (US$158.4 million) from the pension fund to support the railway sector. The National Bank confirmed “the possibility of…

ASTANA – The Ministry of Agriculture intends to increase exports 10 percent in 2017 over last year’s $2.1 billion total, First Vice Minister Kairat Aituganov recently announced. “The export of agricultural products reached $2.1 billion, which is 5 percent higher in comparison with the results of 2015. The export of grain grew by 29 percent…

ASTANA – Astana Akim (Mayor) Asset Issekeshev presented new, innovative technologies, which will be implemented in Astana, at the recent ASTEX Astana Smart City 2016 international exhibition. “In today’s world, big cities, not the industries, are the key points of growth. And this trend will only increase in the future. According to McKenzie’s experts, now…

Ambassador of Kazakhstan to Vietnam Beketzhan Zhumakhanov met recently with Director General of Vietnam Railways Vu Ta Tung and head of the Vietnam Logistics Association Nguyen Tuong in Hanoi to discuss transport and logistics cooperation. The Kazakh official presented Kazakhstan’s transport strategy toward the country becoming the biggest Eurasian transport and transit hub and connecting…

The Damu Entrepreneurship Development Fund announced its readiness to cut lending rates for businesses to 8.5 percent during the current year. This statement was made by the Chairman of the Board of the fund Kanysh Tuleushin at a recent forum for Kazakh entrepreneurs. “If the average rate for the final borrower was about 14 percent…

ASTANA – Recent legislation has made the requirements for developers far more stringent. The Kazakh Senate adopted a law “About equity share in housing construction” and the accompanying amendments to legislative acts which significantly lower the risks for equity construction investors and introduce new mechanisms to involve the population’s funds in housing construction.     Equity…

ASTANA – Kazakhstan’s Ambassador to Germany Bolat Nusupov met with Dietmar Schmitz from the German Federal Ministry for Economic Affairs and Energy and General Commissioner of the German Pavilion to discuss cooperation between the two countries within the project, reported the press service of the Kazakh Foreign Ministry on Jan. 29. Nusupov talked about the…

ASTANA – A tennis centre created for children opened Dec. 12 in Kostanai, the Kazakhstan Tennis Federation press service announced. During the opening ceremony, the region’s akim (mayor) Arkhimed Mukhambetov noted the complex provides all the necessary conditions for children to play the game. Approximately 100 youngsters are expected to train on a regular basis…

ASTANA – In Aktau, Commander-in-Chief of Kazakhstan’s Naval Forces and Armed Forces, Rear Admiral Zhandarbek Zhanzakov summed up the activities of these troops for the current year, according to the press service of the Kazakh Ministry of Defence. By the decision of the commander-in-chief, 2015 was declared the year of petty officers and 2016 will…

ASTANA – The Kazakh Senate recently passed the law “On ratification of the Inter-American Convention on Mutual Assistance in Criminal Matters.” This law is meant to improve the effectiveness of the fight against crime by establishing cooperation with the countries of the Americas. According to the convention, participating countries will provide each other with mutual…

Pilots of the Air Forces of Kazakhstan are planning to win the coming international competition Aviadarts 2015. “Kazakh pilots will participate in this competition for the first time, so we will do our best to represent our country on a decent level. Our pilots are in a good, cheerful mood, looking forward to winning,” said…

President of Kazakhstan Nursultan Nazarbayev recently proposed to appoint a special representative of the Government, who will take responsibility for the EXPO 2017 preparation process. “It is already evident that there is no proper interaction between all the institutions involved in the process. The government showed its inability to coordinate the preparation work. Everyone is…

Deputy Director of the Library of the First President Timur Shaymergenov announced during a recent Central Communication Service (CCS) media briefing in Astana plans to establish an analytics school within the institution. “We are planning to create an analytics school during the next three-five years. This institution will be aimed at training experts in different…

Kazakh volleyball player Bakhytzhan Baitureyev is one of the pioneers of the sport, and has carried the title of best player of the continent. He also guided Kazakhstan’s women’s team to a bronze medal in the Asian Games for the first time in the country’s history. Kazakhstan’s tough volleyball challenges of the present and striving…

The Kazakh national taekwondo team recently ended training sessions for the 2015 world championships being held May 12-18 in Chelyabinsk, Russia. The final workouts took place at a sports centre near Astana. The entire squad was present for the training, with the exception of the five number ones who joined the main team May 5.…

Professor Kanat Baigarin, vice-president of Nazarbayev University (NU), is also director general of Nazarbayev University Research and Innovation System (NURIS). In an interview with The Astana Times, Baigarin spoke about the development of the NU innovative cluster, the most advanced centre in the country designed to solve the task set by Kazakh President Nursultan Nazarbayev.…

The Samruk Kazyna Sovereign Wealth Fund plans to establish a subsidiary in Silicon Valley, California. A working group consisting of the heads of a number of Samruk Kazyna companies, led by Chairman of the organisation Umirzak Shukeyev, visited companies of Silicon Valley on April 9-10, where they were acquainted with the work of Stanford University,…