Azerbaijan Railways CJSC plans to start laying rail lines in mid-August within construction of a railway section from Azerbaijan’s Astara station to the border with Iran as part of the North-South transportation corridor, Nadir Azmammadov, spokesperson for Azerbaijan Railways, said. The North-South transportation corridor is meant to connect northern Europe with South-Eastern Asia. It will…
Russia-Chinese project on grain processing is expected to be launched in Tatarstan with investments of 15 billion RUR. An industrial park “Saosyan-Volga” is going to be constructed at the area of 100 ha with annual processing capacity of 300 KMT. 200 types of food products (including unique ones: grain protein as a substitute to soybean…
Japanese JGC Corporation is exploring the possibility of building a mini LNG plant on Sakhalin, press service of the Sakhalin region government said. “The topic of constructing a mini LNG plant on the south of Sakhalin Island has been raised in May during a visit to Japan by the representative Russian delegation headed by Deputy…
Tajik government is expected to reduce financing for the Roghun hydroelectricity project next year. Tajik Finance Minister Abdusalom Qurbobiyon revealed that the government would reduce financing for the Roghun hydroelectricity project to 1.3 billion somoni in 2017. “Over the last three years, the budget has annually earmarked about 3 billion somoni for the project”, the…
The World Bank will lend $250 million to Belarus for the reconstruction of the M6 Minsk-Grodno motorway. World Bank Country Manager for Belarus Young Chul Kim made the statement during the solemn ceremony held on July 29, to start the reconstruction of the M6 Minsk-Grodno motorway. Young Chul Kim mentioned that the reconstruction of the…
The European Bank for Reconstruction and Development (EBRD) together with the Government of Switzerland provided financing for the new wastewater plant in the second largest city in Kyrgyzstan. The EBRD extended a 3 million euro sovereign loan and Switzerland a 5.05 million euro grant for the project, undertaken by the Osh Water Company, a municipal…
Belarus is interested in implementing turn-key construction projects in Stavropol Territory. The press service of the Belarusian Architecture and Construction Ministry released the statement after Deputy Architecture and Construction Minister Dmitry Semenkevich and Director General of the civil engineering holding company Belstroycentr Alexander Studnev visited the Russian region. During the meeting representatives of Belarus and…