Construction of the new museum started on October 6, and if everything goes according to plan, the museum will open to the public in July next year. The museum’s cornerstone was laid on October 5. “We’re hoping very much to give the city another tourist magnet,” says Kaire Tooming, who is in charge of the…
A new 4-star hotel will be opened in Sighnaghi, in Georgia’s wine region of Kakheti, featuring 130 rooms, spa and fitness center, indoor and outdoor swimming pools, restaurant and all other necessary facilities. The hotel will be able to begin hosting guests in 2020. The cost of the project is $21 million and it is…
Ukraine has unveiled a solar plant in Chornobyl, just across from where a power station, now encased in a giant sarcophagus, caused the world’s worst nuclear disaster three decades ago. Built in a contaminated area, which remains largely uninhabitable and where visitors are accompanied by guides carrying radiation meters, 3,800 panels produce energy to power…
Turkmenavtoyollary (Turkmen Highways) State Concern completed the development of a project of a road bridge across the Garabogazgol Bay. The construction of a bridge with the length of 354 meters, width of 17 meters and height of seven meters above the surface of the bay will provide a four-lane traffic in the direction of the…
The European Bank for Reconstruction and Development (EBRD) has sold its stake in Holcim Azerbaijan (Garadagh Cement Plant) to one of the shareholders, spokesman for EBRD, Anton Usov, declared. The EBRD shares in Holcim Azerbaijan (10%) was sold to LafargeHolcim, he added. Usov refused to disclose the amount of the deal, mentioning the confidentiality of…
Work on the reconstruction of the Baku-Yalama railway is scheduled to begin in 2019, the chairman of the Azerbaijan Railways CJSC, Javid Gurbanov announced. “Tender documents will be signed soon. The length of the railway is about 200 kilometers. Also, work is underway to move the 313 kilometers-long Baku-Astara railway, a part of which lies…
A new highway is planned to be built from Baku to the Russian border until 2020, Azerbaijani Minister of Economy Shahin Mustafayev said. Mustafayev made the remarks at the round table meeting on “Strengthening of Cooperation in Transport and Transit Transport”, which is being held at the 9th Azerbaijan-Russia Interregional Forum in Baku on September…