Alco Lubricant Company has become the ninth resident of Azerbaijan’s Sumgait Chemical Industrial Park (SCIP). The relevant certificate was given to the representatives of the new SCIP resident during an event organized by Azerbaijan’s Economy Ministry. The company will produce lubricating oil in the territory of SCIP. The project’s cost is $10 million. A plant…
One more large cement plant will be put into operation in Tajikistan this month, according to the Ministry of Industry and New Technologies (MoINT). An official source at a MoINT says a 1.2 million capacity cement plant will be put into operation this month in the Yovon district, Khatlon province. The Government of Tajikistan and…
UkrOboronProm SE “Shepetovka Repair Plant” increased production volume almost 4 times – compared to 2013 – due to the program “Ukrainian shield”, initiated by “UkrOboronProm” in 2015. “For the first half of 2016 the enterprise manufactured products and services for Ukrainian military valued at nearly 92 million UAH, exceeding last year’s index of 79 million…
On July 18, the Executive Committee of the Political Council of UzLiDeP and its faction in the Legislative Chamber of Oliy Majlis organized a round table on the “Importance of small industrial zones to increase the gross domestic product of the country and the socio-economic development of regions”. The event was attended by members of…
Georgia should settle energy issues in partnership with Azerbaijan, a country it has traditionally friendly relations with, Georgian expert, chairman of the Institute for the Study of Georgia’s Development Gia Khukhashvili said. He was commenting on the information, which appeared in the Iranian media outlets regarding signing of a contract for the supply of Iranian…
The cost of the project on construction of the new international passenger terminal of Tashkent Airport (Tashkent-4) will total $336 million. The investment project is implemented in cooperation with the Republic of Korea. Korea International Cooperation Agency (KOICA) provided a grant for development of the feasibility study of the project. The consortium of Korea Incheon…
There are positive recovery signs in the Belarusian economy, Belarus’ Prime Minister Andrei Kobyakov said when speaking at a government conference to discuss the H1 performance and the measures to achieve the 2016 goals. “We already know the H1 results and we are not satisfied with them. But it is fair to point out that…