The EU has successfully implemented more than 45 twinning projects in Azerbaijan, Head of Operations Section at the EU Delegation in Azerbaijan Jeroen Willems said. “This is a very good indicator, and it, in particular, exceeds the number of projects in Georgia and Moldova”, he said. “More than 30 public institutions used twinning-tools during the…
PJSC “Turboatom” and PJSC “Ukrhydroenergo” signed contract UHE/TKNV/C/2-13 “Plant design, Supply and Installation; Rehabilitation of two Blocks (7 hydraulic plants) at Kanev HPP”. Project is financed at the expense of European Bank for Reconstruction and Development. Implementation of the contract is considered for five years. “Turboatom” is the general contractor for “turnkey” project. The enterprise…
The seaport of Chornomorsk (former Illichivsk) was visited by representatives of the China National Complete Engineering Corporation (CCEC) and the State Food Grain Corporation of Ukraine. The Chinese are investigating possibilities for implementing joint investment projects to develop the No. 2 terminal’s infrastructure. The port’s management presented development projects designed for the period until 2018.…
The deficit in Azerbaijan’s payment balance will amount to $5 billion in 2016, Elman Rustamov, chairman of the country’s Central Bank (CBA), said. Rustamov said the biggest part of deficit of Azerbaijan’s balance of payments, that is 88% to 90%, was associated with problems in the capital flow balance. “It cannot be said that the…
Turkey expects the first branch of the Baku-Tbilisi-Kars (BTK) railway to be commissioned in early 2017, Minister of Transport, Maritime Affairs and Communications of Turkey Ahmet Arslan said. He said that the second branch of the BTK railway would be commissioned during 2017. “The BTK project is on the last stage of its implementation”, the…
According to the Ministry of Agriculture, as of November 17, 416.7 thousand ha of corn were threshed, which was 98.6% of the plan (423 thousand ha). 2201 KMT were harvested with the average yield of 5.28 MT/ha. Pace of harvesting is 2.5% higher than in 2015. On the reporting date, average corn yield is 3.7%…
It is projected to build a plant for refining and deodorization of vegetable oils. The project will be implemented by Oil Partner on the premises of a complex of nonresidential buildings. The municipal authorities of Vinnytsya have already issued relevant permit to design the reconstruction. Design documentation will shortly be worked out and approved in…