President of Uzbekistan Shavkat Mirziyoyev has reviewed the construction of the reservoir in the Zafarobod area as part of his trip to the Jizzakh region. The president stressed that the reservoir would provide 20,000 hectares of unused land with water, expand cultivated areas where it would be possible to grow crops and receive income. “We…Details
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Iran has concluded an agreement with Azerbaijan for the purchase of 150 megawatt of power, a senior official said. Iran’s Energy Minister Reza Ardakania said that the agreement on his country’s power purchase from Azerbaijan was made during the recent visit of President Hassan Rouhani to Baku. The minister added that the two countries currently…Details
Ukraine should let gas prices be determined by the market, in line with the reforms that were implemented in 2016, IMF representative to Ukraine, Goesta Ljungman, said this in a commentary to Reuters. “We believe that it is important to let gas prices – including tariffs for households – be determined by the market, in…Details
Ukrainian Railways (Ukrzaliznytsya) through its South-West Railway regional branch announced two tenders within the framework of the renewed project to create a rail line between the capital of Ukraine and the Boryspil Airport. The first tender, where the estimated cost of works amounts to UAH 112.67 million, is divided into two lots. The first lot…Details
The Black Sea Trade and Development Bank (BSTDB) has extended a new medium-term 75 million GEL (about $30 million ro EUR 25 million) loan to the Bank of Georgia aimed at supporting small and medium-sized enterprises (SMEs) in Georgia. It is the second time the BSTDB is offering a loan to the Bank of Georgia…Details
Plans have been made to build homes for over 7,000 families with many kids in Belarus in 2018, Alexander Gorval, Head of the Housing Policy Office of the Belarusian Architecture and Construction Ministry, declared. The official said there were some 30,500 large families on the housing register in early 2017. The figure rose to 34,800…Details
Minister of Economic Affairs Kadri Simson (Center) said that her ministry would analyze the potential cost of construction as well as maintenance of a bridge from the Estonian mainland to the islands of Muhu and Saaremaa. Simson said that the cabinet discussed the matter with the businessmen that came out with the most recent proposal…Details