Tajikistan’s massive Rogun hydropower dam: a blessing or a curse?

Ben Aris in Berlin October 18, 2019

Poorest Central Asian nation Tajikistan is in danger of defaulting on its first ever Eurobond as the construction of the giant Rogun hydropower dam gobbles up scarce resources.

TASHKENT BLOG: Uzbekistan reforms are real, can they sustain them?

Eric Hontz Senior Program Officer Europe and Eurasia at the Center for International Private Enterprise (CIPE) in Tashkent October 10, 2019

Uzbekistan has been on the radar of frontier market investors since President Shavkat Mirziyoyev began a large scale economic reform program nearly three years ago. But the easy stuff has already been done. It gets harder from here on in.

Uzbekistan has decided to join EEU says Russian official

Kanat Shaku in Almaty October 3, 2019

Senate speaker states “Uzbek president has made a decision” to apply for membership of the Moscow-led trade bloc.

Uzbekistan’s five-year goal to overhaul its energy industry

Daniel Rad in Tashkent October 2, 2019

The relaxation of Uzbekistan's energy industry’s ownership has created a bonanza of redevelopment projects set to be completed in the next five years. These projects including energy generation and a general liberalisation of state ownership

Uzbekistan rapidly opening up but inflation and credit boom represent substantial danger ahead

Ben Aris in Berlin October 1, 2019

Officials have been working hard to remodel the economy under President Mirziyoyev. Progress is good, but this is no walk in the park. Tough tasks, such as battling inflationary pressures, preventing a credit bubble and creating enough jobs, remain.

‘Fatigue-related incidents’ among Uzbek officials labouring under workaholic president surprise foreign investors

bne IntelliNews October 1, 2019

“He fell asleep twice during an afternoon meeting,” says one Western financier after meeting mid-level Uzbek official made busy by Shavkat Mirziyoyev’s reform-packed agenda.

Cutting the cloth in Uzbekistan

Ben Aris in Tashkent September 20, 2019

The Central Asian nation’s new era government is in a rush to transition to an open market oriented economy. Developing the textile industry is a top priority. Meanwhile, the Uzbeks are also seeing a lot of action in oil, gas and real estate.