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…
Belarus’ chemical company OAO Grodno Azot plans to finalize the project worth $170 million to build a nitric acid plant. The new facility will produce 1,200 tons of acid a day. Grodno Azot started building the new plant in October 2015. Germany’s ThyssenKrupp Uhde GmbH (Dortmund) won a tender to produce design specifications and estimates…
The seaport of Chornomorsk (former Illichivsk) was visited by representatives of the China National Complete Engineering Corporation (CCEC) and the State Food Grain Corporation of Ukraine. The Chinese are investigating possibilities for implementing joint investment projects to develop the No. 2 terminal’s infrastructure. The port’s management presented development projects designed for the period until 2018.…
It is projected to build a plant for refining and deodorization of vegetable oils. The project will be implemented by Oil Partner on the premises of a complex of nonresidential buildings. The municipal authorities of Vinnytsya have already issued relevant permit to design the reconstruction. Design documentation will shortly be worked out and approved in…
Kazakh national gas transportation operator KazTransGas built a booster compressor station at the connection TIP-02 between the main gas pipeline “Bukhara gas-bearing region-Tashkent-Bishkek-Almaty” and “Kazakhstan-China”, the company said in a message. The new booster compressor station located in Zhambyl region will allow to have gas pumping between these pipelines, despite different design pressures. This is…
The European Union is committed to further improve nuclear safety worldwide and will continue to work with Ukraine and other international donors to ensure that projects in Chornobyl are brought to a successful conclusion. “Nuclear safety was and remains a very serious matter that deserves our continuous international attention and action to prevent any further…