As part of building the third power connection between Estonia and Latvia, Estonian power grid operator Elering has announced a procurement tender for designing and constructing the Estonian side of the project. “The new Estonian-Latvian power connection is notable because a project important from the energy security and market standpoint will be carried out without…
It is planned to build another 26 agroparks in Azerbaijan, the country’s Economy Minister Shahin Mustafayev said. He said that the agroparks would be built in 19 districts of Azerbaijan. A variety of processing and manufacturing enterprises are planned to be built in these agroparks. Currently, the work is underway in Azerbaijan to create ‘Yalama’…
Kyiv authorities seek to find around 23 billion UAH to modernize the overland transport network and infrastructure and similar programs by 2019. The information is outlined in the updated action plan for 2016-2018 to implement Kyiv development strategy by 2025. The plan was approved by lawmakers of Kyiv City Council on November 15. Some 78.5…
A new plant for processing of oil raw materials will open on the basis of large enterprise LLP “Taiynsha-May” in the village of Ilichevka. Chinese investors will help with the construction. The plant will consist of 3 lines for deep processing of sunflower, rapeseed and other oilseed crops with a capacity of 300 thousand tons…
Construction of a large refinery that will produce gasoline from natural gas continues at a fast pace in Ovadan-Depe town in Ahal province of Turkmenistan. The construction of the refinery started in 2015. The project’s customer is the country’s Turkmengas State Concern. The project’s contractors are Japan’s Kawasaki Heavy Industries Ltd and the Turkish Ronesans…
The Asian Development Bank (ADB) and the government of Kyrgyzstan have signed the financing agreement amounting to $95.1 million to rehabilitate a section of the North-South Alternate Road Corridor in Kyrgyzstan, said the message on ADB’s website. The agreement was signed on December 1 by Kyrgyz Minister of Finance and Governor to ADB Adylbek Kasymaliev…
Minsk-based OAO Amkodor and Belarus’ Saleo Group plan to build three new plants in 2017 and implement other projects with a total investment portfolio of $500 million, Igor Kayuda, Amkodor’s Director for Innovations and Investments, reported. Chinese credits will account for 80% of project investments. As previously reported, Amkodor and Saleo Group signed three contracts…