Starting from April 1, an improved procedure of state construction control of construction, reconstruction and capital repair objects based on the categories of risks and functional purpose of objects, will be implemented in Uzbekistan. The procedure is stipulated, among other steps, by a presidential decree on measures of radical improvement of construction quality and installation,…
40 new, eight-meter ISUZU diesel buses have entered Tbilisi, bringing the project of 220 Isuzu buses to an end. “The project is complete. Tbilisi already has modern and comfortable, 220 Isuzu eight-meter buses,” Tbilisi Mayor Kakha Kaladze has stated. He said that the completion of the project did not mean Tbilisi would not have new…
Being one of the key stakeholders in support of renewable energy (RES) projects, the Development Bank of Kazakhstan (DBK) seeks to expand the portfolio of RES projects and is ready to co-finance the creation of green capacity of Kazakhstan’s electricity industry, a representative of DBK has reported. According to the official, Kazakhstan’s potential for wind…
President of the European Business Association (EBA), CEO of Dragon Capital Tomas Fiala says Ukraine’s economy may accelerate to 4% in 2020 with inflation at 5.2%. “We expect GDP growth at 4% this year, and at 3.7% next year, while inflation at 5.2% this year and at 6.1% in 2021,” he said at an EBA…
The National Bank of Ukraine (NBU) said Ukrainian labor migrants transferred about $12 billion to the country in 2019. “The favorable situation in the forex market for most of 2019 was determined by good export performance, which was supported by a relatively good pricing environment in foreign markets; record agricultural productivity; moderate growth in goods…
Investments made in Azerbaijan’s regions exceeded 8 billion manats ($4.7 billion) in 2019, Economy Minister Mikayil Jabbarov said, while summing up the results of the first year of implementation of “The State Program on socio-economic development of the regions of Azerbaijan in 2019-2023”. “In 2019, 7.2 billion manats were allocated for the implementation of “The…
Tbilisi City Hall has announced it will launch a rehabilitation effort for two of the capital city’s cultural heritage monuments, with 19th century-built National Palace and Cadet Corps venues to be safeguarded this year. Located along the central Shota Rustaveli Avenue, the two buildings will go under a two-year, 25-million GEL (about $8.7 million or…