Prime Minister of Kazakhstan Karim Massimov assessed the work of the airport of Kostanay within his working trip to the region, the press service of the Premier informs. “Inspected the airport of Kostanay. It requires reconstruction”, the Prime Minister informed via Twitter. Director of the airport Yuri Kim informed Karim Massimov about the progress in…
The Swedish furniture manufacturer IKEA will launch its biggest Russia-based furniture factory worth 3.9 billion rubles ($60 million) on September 7, General Director at IKEA Industry Novgorod Alexander Kozlov said. “The plan is to launch the factory on September 7. This is going to be the biggest investment in IKEA’s new production site worth a…
Russia is building and reconstructing 10 military airfields in the Arctic, according to the Ministry of Defense. By making this move, the country aims to ensure its military security in the region. Russia’s Federal Agency for Special Construction (Spetsstroy) is currently developing infrastructure facilities on military bases and garrisons in the Far North, Far East…
The government delegation of Laos offered participation in implementation of Laos-Vietnam pipeline construction project and development of a refinery in Laos, representative of the Russian Ministry of Energy said. “We are aware of Laos’ interest in participation of Russian companies in development of refining facilities in the country. The Laos government delegation held talks with…
The European Bank for Reconstruction and Development (EBRD) on September 7 will decide on the provision of a $37 million senior secured loan to M.V. Cargo LLC to finance construction of a grain terminal at Yuzhny seaport (Odesa region). The total cost of the project is $130 million. The report to finance the project was…
Ukraine’s Altcom Financial-Industrial Group is completing the construction of a railway bridge over Amudarya River with a length of 1750 meters. This is the largest engineering structure in Turkmenistan’s Lebap region. Cars will transport freight and passengers via this transportation corridor in the near future. Altcom Group said in early June that the cost of…
Azerbaijani state oil company SOCAR has completed construction of a new tank farm on the company’s Black Sea oil terminal in Kulevi (Georgia), said the terminal’s message posted on its website. The project envisages construction of six tanks with a total capacity of 60 thousand cubic meters and a two-line railway overpass for simultaneous unloading…