Tajikistan: investment portfolio includes 68 projects totaling $2.85 billion

Tajikistan’s investment portfolio now includes 68 projects totaling 2.85 billion according to the State Committee on Investments and State-owned Property Management (GosKomInvest). Tajikistan’s investment portfolio, in particular, includes 25 grant based projects, 16 loan based projects and 27 mixed-finance projects. “More than $1.2 billion have been drawn in the framework of these projects since the…

Ukraine: gas transit up in January-April 2017

Ukraine in January-April increased transit of natural gas through its gas transportation system by 22.5% (5.602 billion cubic meters) compared to January-April 2016, to 30.53 billion cubic meters, according to live data from PJSC Ukrtransgaz. Gas transit through Ukraine to Europe in the past four months amounted to 29.388 billion cubic meters and to Moldova…

Latvia: construction of new grain terminal warehouse completed in Ventspils

As part of the terminal’s expansion project, construction of a new warehouse for Ventspils Grain Terminal has been successfully completed. Now it is possible to commence wall construction work, as reported by the company’s chairman Vladislavs Safranskis. The expansion project for the improvement of Ventspils Freeport includes not only increasing storage capacity thanks to the…

Tajikistan: budget receives less in Q1 2017

Over the first quarter of this year, Tajikistan’s national budget has received some 145 million somoni less than originally planned. In January-March, the budget reportedly stood at 4.862 billion somoni, or 97.1% of the planned volume. It means that the budget was expected to receive 5.007 billion somoni over the first three months of this…

Turkmenistan to support private sector

Support to the private sector of economy is among important priorities in Turkmenistan, President Gurbanguly Berdimuhamedov said in his message to participants of the International exhibition of household goods. “On this basis, we set before ourselves the goal to significantly increase the share of individual enterprises in the structure of GDP,” said Berdimuhamedov in his…

Tajikistan: Saudi Arabia awards $200 million grant

Saudi Arabia will award a $200 million grant to Tajikistan for construction of parliamentary and governmental complexes in Dushanbe, a source in the Tajik government reported. A new parliamentary complex will be built in the place where the Ministry of Agriculture, Dushanbe Mayor’s Office, Iranian Embassy and a number of residential and administrative buildings are…

Belarus: beer imports down

Belarus has reduced beer imports 5-fold in the past two years, Chairman of Belgospishcheprom Concern Alexander Zabello said. “I cannot say that the domestic brewing industry makes no headway. Yes, the sales are shrinking a bit, but we do not have a 10-15% slump as the neighboring countries are registering. Beer exports have reduced 5-fold…

Tajikistan: president inaugurates reference lab and lays foundation stone of new building of Medical University

On April 28, president Emomali Rahmon and Dushanbe Mayor Rustam Emomali attended a ceremony of opening of the National Reference Laboratory, according to the Tajik president’s official website. The total cost of the laboratory is 23.8 million somoni, including 7.857 million somoni spent for construction of the building and 16 million somoni spent to provide…

Turkmenistan: OSCE consulting on aviation security

An OSCE-organized training course on security procedures at aviation checkpoints and analyzing X-ray images for aviation security and law-enforcement personnel has been held in Ashgabat, the OSCE said in a message. The practical training course brought together 19 officials from the Aviation Security Service of Turkmenistan Airlines, the Transport Police of the Interior Ministry, the…

Ukraine shows economic upturn

On the outcomes of the activities of 2016 as well as of the first quarter of 2017 the country shows a positive trend of gradual economic upturn, and this should be the basis and the key to boost investment in the country and ensure implementation of successful projects in the real economic sector, Ukrainian Prime…

Latvia: number of POS terminals up in 2016

According to the data of Association of Latvian Commercial Banks, compared to 2015, the number of POS terminals in Latvia increased 16% in 2016, reaching 41,613 terminals in total. On average, 494 new POS terminals are released in the country. Aside from that, the number of legal persons using POS terminals to process clients’ payments…

Tajikistan: president gives start to construction of a number of new facilities in Dushanbe

Tajik President Emomali Rahmon has given start to construction of a number of new administrative and educational facilities in Dushanbe, according to the Tajik president’s official website. Rahmon attended a groundbreaking ceremony for construction of a new building for the Supreme Court of Tajikistan. An estimated budget for construction of a new 16-story building of…