Kazakhstan: Aktau port to increase capacities

Kazakhstan has almost completed realization of the project to expand the sea port of Aktau in the northern direction, which will increase the carrying capacity from 16.5 million tons to 19.5 million tons, the press-service of the port declared. The project consists of three stages: construction of protective hydraulic engineering structures, dredging and construction of…

Kyrgyzstan: agreement with Russia on construction of Uppernaryn cascade and Kambarata HPP-1 cancelled for good

Kyrgyzstan completely broke the agreement with Russia on the construction of Uppernaryn cascade and Kambarata HPP-1, National Energy Holding Company JSC reported. The agreement signed on September 20, 2012 expired on August 9. Currently, Kyrgyz and Russian parties are negotiating to resolve all economic issues that have arisen in the period of the agreements, including…

Azerbaijan: car plant groundbreaking ceremony held

A groundbreaking ceremony for construction of a joint Azerbaijani-Iranian car plant was held on August 6, in Azerbaijan’s Neftchala industrial quarter. The plant is a joint project of Azerbaijan’s AzEuroCar LLC and Iran’s giant automaker Iran Khodro. Azerbaijan’s Economy Minister Shahin Mustafayev and Iran’s Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh participated in…