Alco Lubricant Company has become the ninth resident of Azerbaijan’s Sumgait Chemical Industrial Park (SCIP). The relevant certificate was given to the representatives of the new SCIP resident during an event organized by Azerbaijan’s Economy Ministry. The company will produce lubricating oil in the territory of SCIP. The project’s cost is $10 million. A plant…
One more large cement plant will be put into operation in Tajikistan this month, according to the Ministry of Industry and New Technologies (MoINT). An official source at a MoINT says a 1.2 million capacity cement plant will be put into operation this month in the Yovon district, Khatlon province. The Government of Tajikistan and…
The cost of the project on construction of the new international passenger terminal of Tashkent Airport (Tashkent-4) will total $336 million. The investment project is implemented in cooperation with the Republic of Korea. Korea International Cooperation Agency (KOICA) provided a grant for development of the feasibility study of the project. The consortium of Korea Incheon…
The Minister of Transport Sherali Ganjalzoda held a working meeting to discuss the progress of implementation of the national investment transportation development projects. According to the Ministry of Transport press center, the minister expressed dissatisfaction with the slow pace of implementation of the projects. The minister reportedly ordered contractors and consultants to remove exiting shortcomings…
Kazakh United Chemical Company will build integrated gas chemical complex in Atyrau region, Kazakh Wealth Fund Samruk-Kazyna reported. The complex will process gas from Tengiz field and produce polyethylene, which is widely used in construction, medicine, engineering, the packaging industry, household goods manufacture, etc. The project will cost $2.6 billion, Samruk-Kazyna plans to attract debt…
A mini thermal power plant worth $8.82 million burning locally available fuel will be built in Volkovysk (Grodno Region) at the expense of credit resources provided by the International Bank for Reconstruction and Development, the Energy Ministry of Belarus reported. They plan to launch the power plant by May 2018. The plan is to install…
Public joint-stock company Ukrzaliznytsia intends to sign a contract to carry out construction works on over 300-km railway tracks with Ministry of Roads and Urban Development of Iran, the company’s press service reported, referring to Board Chairman Wojciech Balczun. “We quickly worked with the agreement of the Infrastructure Ministry of Ukraine and Ministry of Roads…