Speaker Name: Mirodil Mirakhmedov, UZACE
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1 Speaker Name: Mirodil Mirakhmedov, UZACE
2 SITUATION OF THE NEW MARKET IN ASPAC REGION Presentation of UZACE at the FIDIC Centenary Conference in Barcelona
3 GENERAL REVIEW CENTRAL ASIA POPULATION Total population: about 64 million people Countries Population, mln Uzbekistan 29, Kazakhstan Tajikistan 8, Kyrgyzstan Turkmenistan
4 GENERAL REVIEW CENTRAL ASIA TERRITORY Total territory of each country: km 2 Kazakhstan 2,724,900 Turkmenistan 491,210 Uzbekistan - 447,400 Kyrgyzstan 199,900 Tajikistan 143,100
5 GENERAL REVIEW GDP BY CENTRAL ASIA COUNTRIES GDP per capita in 2012 ($) Kazakhstan 13,892 Turkmenistan 7,846 Uzbekistan 3,536 Tajikistan 2,066 Kyrgyzstan 2,372
6 GENERAL REVIEW CHALLENGES OF CA ECONOMY GROWTH In the CA region level of growth was at the level of 7,2-7,4%. International Financial Institutions (ADB, WB) are forecasting the continuing economic growth in CA. World prices increasing on such main export goods as metal, oil, cotton will lead to recover the economy of CA countries and facilitate their further growth.
7 COUNTRIES PROFILE KAZAKHSTAN The International Monetary Fund, the Asian Development Bank forecast that Kazakhstan's GDP growth will be around 6-6,3%. In the GDP of Kazakhstan almost 20% is the mining industry, so, much the economic growth of Kazakhstan depends on the world price of oil, minerals and metals.
8 COUNTRIES PROFILE UZBEKISTAN Good performance in 2012 due mainly sustainable growth in the services sector (10.3 per cent), construction (11.5 per cent) and agriculture (7 percent). Total investment grew by 7.9 percent in 2011 and 11.6 percent in 2012.
9 COUNTRIES PROFILE KYRGYZSTAN The last two revolutions affected economy situation in country. In January-June 2012, maintained an economic slowdown. Real GDP in the first half of 2012 decreased by 5.6%, due to the fact that the volume of gold production at Kumtor fell to 60%. With new Government elected, the GDP growth in 2013 shows 5% growth.
10 COUNTRIES PROFILE TAJIKISTAN The development of the national economy up to 2012 was because of the growth of industrial production, agriculture, retail trade and the growth of foreign trade. But in 2012, there was a decline of 24.5% of the volume of overall capital investments in the country. Real GDP growth in 2012 compared to 2011 was 7.5%.
11 COUNTRIES PROFILE TURKMENISTAN In recent years, the economy of Turkmenistan is developing rapidly. In 2010, GDP grew by 9.2%, in %. A kind of engine of growth for the economy, except export of gas, remains the construction sector, infrastructure, industrial and civil projects.
12 COUNTRIES PROFILE INVESTMENTS Total Foreign Direct Investment flow in CA countries - were increased by 6 times comparing the years of CA region has considerable resources of energy, including oil, gas and hydropower. The mining industry will further attract the foreign investments to CA. The services sector is also rapidly developing in the region. Experts underline the active flows of investments into automobile roads and railway sector.
13 COUNTRIES PROFILE INVESTMENTS UZBEKISTAN The construction of the railway line Angren-Pap ( length of about 125 km) has to go through the mountain pass Kamchik and link the three areas in the east (Andijan, Namangan and Ferghana) with the rest of Uzbekistan which will connect the Fergana Valley from the rest of the country, bypassing Tajikistan, this is a strategic project and will be implemented in The cost of the project is about $1.9 billion. Angren Free Economic Zone. Ten investment Projects with the overall cost of 200 mln USD Navoi Free Econnomic Zone. Twenty three Projects with the overall cost of 1,1 bln USD Djizzakh Free Economic Zone. Fourteen high technology parks will be developed by China. The new investment package signed between China and UZB for the period 0f is 15 bln USD.
14 COUNTRIES PROFILE INVESTMENTS UZBEKISTAN More then 16 bln USD of investments were signed in By sectors: Geology, Chemical, Oil&Gas, Metallurgy 11,5 Uzbekenergo - 2,1 Machinery, Electrotekhprom, aviation - 0,6 Uzbek Railway - 0,6 Uzbek Communal services - 0,83 Rural sector and Agriculture - 1,6 Road Fund - 0,3
15 INVESTMENTS KAZAKHSTAN Road Construction. Start of construction of BAKAD, Almaty Ring Road, is planned for Presidential high priority project. Length 66 km (4/6 lanes), CAPEX $745m, Construction 3 yrs years. Contractual structure BTO
16 INVESTMENTS KAZAKHSTAN Kashagan Field, discovered in 2000, is located in the northern part of the Caspian Sea close to Atyrau and it is considered the world's largest discovery in the last 30 years, combined with the Tengiz Field. It is estimated that the Kashagan Field has recoverable reserves about 13 billion barrels ( m3) of crude oil. Commercial production is expected to start in the first half of The Kashagan contract area covers an area of over 5,500 square kilometres (2,100 sq mi) and consists of five separate fields, producing formations from the Precaspian Basin. These fields are Kashgan, Kalamkas A, Kashagan Southwest, Aktote and the Kairan. The field is developed by international consortium under the North Caspian Sea Production Sharing Agreement. The Agreement is made up of 7 companies consisting of Eni (16.81%), Royal Dutch Shell (16.81%), Total S.A. (16.81%), ExxonMobil (16.81%), KazMunayGas (16.81%), ConocoPhillips (8.4%), Inpex (7.56%).
17 INVESTMENT PROJECTS KYRGYZSTAN The project is the construction of the railway "China-Kyrgyzstan-Uzbekistan" The idea of building the railway "China- Kyrgyzstan-Uzbekistan", as the southern corridor of the Eurasian railway, originated in 1996 after the announcement by the Government of the PRC on the official start of construction of the South Xinjiang Korla railway Kashgar.
18 INVESTMENT PROJECTS TAJIKISTAN Aluminum Industry Development Planned Investments: Glinozem production factory 1,8 bln USD Plant on Cathode blocs production 40 mln USD Plant of H 2 SO 4 production 40 mln USD Plant on Aluminum Ftoride Production - 30 mlnusd Chemical plant mln USD Construction of Rogun power station 2,2 bln.usd
19 INVESTMENT PROJECTS TURKMENISTAN Main investment projects in Turkmenistan to be implemented in by sectors: Gaz Sector Turkmengas 758,391,608 USD Oil Sector Turkmenoil 31,468,531 USD Energy sector - 1,858,200 Chemical Industry 3,696,880
20 REGIONAL PROJECTS Tajikistan-Turkmenistan Tajikistan, Afghanistan, Turkmenistan signed an agreement on the construction of the railway pass. The shortest portion has a 160 km. The railway will pass through two bridges length of 700 meters each. Connect Turkmenistan and Tajikistan to the segment will allow Tajikistan to have access to a network of railways of the CIS and the Caspian Sea via the Turkmen port of Turkmenbashi. After completion of this Porject up to 90% of foreign trade of goods in Tajikistan will pass thouth this railway, about 7 million tons per year. The investment amounts to $270 million.
21 OUTPUTS AND PROPOSALS Needs for regional cooperation strengthening; Taking into account the FIDIC indirectly presence through its standards and norms needs to organize the FIDIC actual presence in the region by organizing the introductory seminars, round tables etc.; Initiation of the assembling of National Association of Consulting Engineers in the rest of the Central Asia countries; Establishing the Central Asian Regional FIDIC Training Centre; Establishing the FIDIC Contact point for the further consultations (FIDIC documents in native languages, use of the FIDIC contracts and procedures in construction); Organizing the coming FIDIC, ASPAC forums in one of Central Asian countries.
22 Thank You!
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