Russia: Krasnoye Sormovo shipyard completed first series of TSHD1000 ships

Krasnoye Sormovo shipyard (United Shipbuilding Corporation) has completed the series of Russia’s first dredgers of TSHD 1000 design having delivered the Kadosh to FSUE Rosmorport. Launched on October 5, the Kadosh successfully underwent mooring and sea trials. The acceptance/delivery certificate has been signed at the beginning of December. The Kadosh is intended for operation at…

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Kazakhstan: FDI up in 2016

Foreign direct investment in the country increased by 4.7% to 6 trillion tenge ($18.12 billion) in January-November, according to Kazakh Minister of National Economy Kuandyk Bishimbayev. “Realisation of industrial-innovative and infrastructural projects within the state program Nurly Zhol and the anti-crisis programs contributed to the growth. Since the beginning of the year, we have been…

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