Central Asia is a region that stretches from the Caspian Sea in the west to China in the east, and from Afghanistan and Iran in the south to Russia in the north. The region consists of the republics of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan and counts a population of about 72 million people.
Since gaining independence from the Soviet Union in the early 1990s, the Central Asian republics have gradually been moving from a state-controlled economy to a market economy. All five countries are implementing structural reforms to improve competitiveness, modernizing the industrial sector and fostering the development of service industries through business-friendly fiscal policies and other measures.
Following on the visit and collaboration of Iran, Khazakhstan, Tajikistan and Uzbekistan Chambers of Commerce, MICCI saw that with the inclusion of Iran ASEAN Business Council, we have created the Greater Central Asia Desk to promote bilateral investment and business matching opportunities between Malaysia and Greater Central Asia.
This desk is to promote the potential of the Greater Central Asia region to Malaysian businesses and vice-versa.