Shukhrat Vafaev, deputy chairman of Uzbekistan’s Committee for Investments and executive director of Uzbekistan’s Reconstruction and Development Fund, speaks to Sebastian Shehadi about reforms to attract outside investment into the country, including liberalising foreign exchange and changes to the legal system.
Latest articles from Asia-Pacific
Second time lucky for Papua New Guinea?
Papua New Guinea failed to make the most of its resources boom, as poorly negotiated contracts and volatile exchange rates left the country's infrastructure and economy sorely lacking. However, as Jacopo Dettoni discovers, there is hope that the next wave of resources-based revenues will be put to better use.
PNG prime minister gives green concerns priority in growth strategy
Papua New Guinea prime minister Peter O’Neill tells Jacopo Dettoni about the government’s ambitions for new major natural gas and mining projects in the next few years, and how the country will use the returns to diversify its economy and ensure sustainable growth.
Sri Lanka most diversified island economy again
Sri Lanka and New Zealand remain at the top of the table of diversified island economies, while Malta has risen to third place.
Slow but sure signs of change in Uzbekistan
After years of tight control, Uzbekistan is opening up, with president Shavkat Mirziyoyev committing to liberalising the economy and modernising the energy sector. It is a major change of approach and a process that is now “irreversible” says the government. Courtney Fingar reports
View from Asia: Future growth will come from beyond the megacities
Asia’s secondary cities hold the the key to the continent’s future, writes Lawrence Yeo.
Thailand seeks new momentum with ambitious Eastern Corridor programme
Thailand’s military junta has launched its plan to make the country's eastern provinces a hub for advanced manufacturing and high-end industries. Tenders for the needed infrastructure are being rolled out, and private investors such as Alibaba are already making a move, as Jacopo Dettoni reports.
Indonesia eyes a place in global top five
Dr Bambang Brodjonegoro, minister of national development planning of Indonesia, tells Sebastian Shehadi how predictions for the country’s economic trajectory are fuelling its growth plans and why the current focus is on deregulation.
Bayat Energy expansion a victory for Afghanistan’s recovery
Afghanistan, energy-rich but energy-hungry, has secured a major expansion from oil and gas developer, Bayat Energy, thereby marking another step in Afghanistan’s economic recovery. Olivia Azadegan reports.
Wal-Mart takes majority Flipkart stake in major India move
US retail giant Wal-Mart is making a move into India with the $16bn purchase of a 77% stake in e-commerce company Flipkart. However, as N Chandra Mohan reports, the move is generating some opposition.