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Kazakhstan and Tajikistan business forum held in Astana

Business representatives from the two countries signed 11 agreements worth a total of $135.3 million.

A business forum between Kazakhstan and Tajikistan took place in Astana. Business representatives from the two countries signed 11 agreements worth a total of $135.3 million.

Author: Робот Source: Ministry of Ecology and Natural Resources of Kazakhstan

Participants at the Kazakhstan-Tajikistan business forum in Astana.
The Kazakhstan-Tajikistan business forum is being held in Astana.

Kazakhstan’s Minister of Ecology and Natural Resources, Alibek Kuantyrov, took part in the Kazakhstan-Tajikistan business forum in Astana. The event was held ahead of Tajik President Emomali Rahmon’s official visit to Kazakhstan.

Participants discussed bilateral trade, industry, agriculture, the digital economy and trade, information technology, IT security and artificial intelligence, joint renewable energy projects, and ways to expand investment cooperation.

Renewable sources account for 98% of Tajikistan’s energy capacity, with hydropower plants making up most of that capacity.

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Kazakhstan is implementing measures to increase electricity generation from renewable energy facilities and further develop the sector. The country’s power system has 254 energy sources, including 172 renewable energy facilities. Total installed capacity is 27.1 GW, of which renewable facilities account for 3.8 GW.

In the first nine months of this year, renewables accounted for 8.5% of total electricity generation, above the planned target of 7%. Solar power remains a priority, with a portfolio of major solar power plant projects totaling 900 MW.

By the end of 2035, Kazakhstan plans to commission at least 8.4 GW of new renewable energy capacity, including about 1.8 GW of solar generation.

At the forum, business representatives from the two countries signed 11 agreements across various sectors of the economy, worth a total of $135.3 million.

Translated from Russian using artificial intelligence. Source: Ministry of Ecology and Natural Resources of Kazakhstan

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