SvG provides its services across Central Asia, Mongolia and, increasingly, on an international basis
In 2021, Central Asian countries mark the 30th anniversary of their independence. Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan and Tajikistan gained their independence in 1991, after the breakup of the USSR. With circa 72 million people, Central Asia accounts for less than 1% of the global population. Despite this fact, the region has historically been recognised for its geostrategic location at the crossroads of West and East, and as key to regional security and stability. Lately, Central Asia also witnessed intensifying regional cooperation that increases its economic potential.
Central Asia is renowned for its natural resources, with regional oil and gas resources accounting for over 7% of total global resources. Additionally, the region boasts strong mining, energy generation, metallurgical and chemical industries, and agriculture, food production and food processing provide attractive investment opportunities. The region also hosts wide transportation and communication networks which, coupled with its geostrategic location, contribute to its high trade and transit potential which attract high investment attention.
The United Nations estimates that, by 2050, the Central Asian population will grow by 36.9%, which is higher than the world average of 26.2%. Combined with factors such as a lower median age and the larger share of working age population, demographic trends provide a solid basis for further economic advances and regional prosperity.
The region is expected to continue seeking further investments into industry, healthcare, education, transportation, infrastructure and other sectors to realise its potential.