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Investing in Central Asia

Inside this issue

• The eastward shift of the world’s economic centre of gravity has enhanced the region’s influence on energy

• Poverty-stricken Tajikistan is reliant on remittances and foreign aid

• Diplomacy as seen by Washington and Moscow - -

Content

China puts up $10bn for central Asia loans

China has offered to lend $10bn to central Asian countries hit by the global economic crisis in a move likely to strengthen its influence in the resource-rich region...

Further delays likely at Kazakh oil field

The start of production at one of the world’s biggest oil fields faces further delays as oil companies developing it battle with the Kazakh government over timing and budget

Oil-rich, remote and difficult

Isabel Gorst considers the prospects for a region that has kept most investors at bay, despite vast resource potential

Oil & gas prospects: Energy suppliers of the future

Ed Crooks on a region increasingly able to assert itself

Turkmenistan gas: A big surge in international interest

An independent audit of the South Iolatan gas field has confirmed its size, but how easy will it be to get at, asks Isabel Gorst

Leadership: A deep reluctance to shake off old habits

Isabel Gorst profiles the region’s presidents, all of them long steeped in authoritarianism

Kazakhstan banking: Collapse narrowly averted after clampdown on borrowing

Clare Nuttal and Ben Aris report on a country back from the brink

Banking M&A: A little less border crossing

Kazakhstan boasts arguably the most sophisticated banking sector in the Commonwealth of Independent States (CIS) and, after several years of triple digit growth, are running out of room.

The view from Moscow: Banking on historical and cultural ties

Miriam Elder on Russian efforts to reassert its influence in its back yard

Guest column - Zeyno Baran: US and China have shared interests

US policy in central Asia is aimed at bolstering the region’s sovereignty and independence and fostering co-operation on security, energy, and internal reform.

Guest column - Pierre Morel: The importance of engagement with the neighbours

Opening up: Building a bridge to the outside world

Tajikistan: Most trends still negative in a sclerotic economy

Uzbekistan: Basket case economy emerges from the shadows


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