An interesting round up of news from Central Asia Beat, including the following business & investment tidbits:
- Finland’s Nokian Tyres will be working with Kazakhstan’s Ordabasy JSC to build a factory in Astana. The tires will serve the Kazakh and Russian Markets, eventually going into Eastern European distribution.
- Germany will sponsor Kazakhstan at the WTO and with the OSCE. A powerful sponsor doing Europe’s work for it–and probably gaining insights (and investment inroads) thereby.
- Uranium development at Gurvanbulag Field in Mongolia, by a Canada-based transnational Western Prospector.
- Japan has received an invitation to search for uranium in Uzbekistan
- China Sinopec’s new oil discovery in Xinjiang, Tahe Oilfield, with an estimated 1 billion barrels of oil equivalent (boe).