Ukraine’s Infrastructure Minister Volodymyr Omelyan says the Cabinet of Ministers of Ukraine will propose that UAH 10 billion, or $389 million, be allocated in the draft national budget for 2020 for repairing local roads. “The government envisages that the next year’s budget should have a Road Fund, which will include 100% of fuel excise revenue,…
Construction of a 50 MW solar power station has started in Sozak region of Turkestan region with support of Kazakh Invest National Company JSC. The region’s biggest solar plant is expected to generate 114 million kW annually, Kazakh Invest reports. Foreign investor, Risen Energy, participates in the implementation of the project worth $60 million. Construction…
Construction of a pedestrian overpass is underway on Bishkek – Naryn – Torugart road, press service of the Ministry of Transport and Roads of Kyrgyzstan reported. The overpass is being built at the 63rd kilometer. “All the concrete and earthworks have been completed, mounting of the above-ground pedestrian crossing constructions is underway,” the ministry said.…
At least 1.5 billion soms are provided in the budget of Kyrgyzstan for construction and overhaul of social and cultural facilities, the State Secretary of the State Agency of Architecture, Construction, Housing and Communal Services under the Government of the Kyrgyz Republic Samat Borubaev announced at a press conference. According to him, the main area…
Compared to April, the level of construction costs in Latvia grew by 0.6% in May. Labor remuneration of workers increased by 1.7%, prices of building materials by 0.5%, and maintenance and operational costs of machinery and equipment by 0.1%. In May, the average level of construction costs was affected the most by the increase in…
In January-May the volume of construction works in Ukraine increased by 26.3% YoY, according to the data provided by the State Statistics Service. In particular, the construction of engineering facilities in January-May rose by 40.6%, and construction of buildings – by 14.8%, as compared with the relevant period last year. Also, the construction volume of…
In January-May the volume of building materials production in Azerbaijan amounted to 325.5 million manats, up by 5% YoY, the State Statistics Committee reported. According to the report, the biggest growth, 1.8-fold, was recorded in the production of asphalt, followed by a 65.4% increase in the production of processed marble, travertine, alabaster and products made…