A new Georgian factory that will produce civil aircraft parts for Boeing, Airbus and Bombardier passenger planes opened in the capital city of Tbilisi on May 10. The construction of the high-tech and modern aviation plant began in September 2016. Production is expected to start by 2020. “The first high-tech factory in the South Caucasus…
The proportion of grey economy in Latvia’s construction sector dropped in almost all field last year. For example, while the proportion of envelope waged in 2016 was 34.6%, last year it dropped to 32.1%, says manager of the Partnership of Latvian Construction Entrepreneurs Baiba Fromane. The proportion of companies that do not declare income has…
A new composition of asphalt is for the first time used in Bishkek for repair of roads, the head of the Capital Construction Department Nurlan Eshenbaev reported. “The difficulty is that our manufacturers have no experience in it. The components are slightly different. This causes a delay in repairing the streets,” he said. “The use…
For the first time in many years, Mykolaiv region will receive over UAH 1 billion from the Road Fund for road repairs, Infrastructure Minister of Ukraine Volodymyr Omelyan said during a briefing in Mykolaiv. “This year over UAH 50 billion from different sources, including UAH 32 billion from the Road Fund, will be provided for…
An opening ceremony of the first solar power plant and laying the foundation of the desalination plant took place on the Unity Day, May 1, in Mangistau, the press service of the governor of Mangistau region reads. The new powerhouse has no analogues countrywide. It is built in Munaily district under the Business Road Map…
Asian Development Bank (ADB) and the Government of Tajikistan signed a $90 million grant agreement on April 30 for the rehabilitation of a 40-kilometer section of the Dushanbe-Bokhtar road to improve connectivity between two major cities and economic hubs in Tajikistan and enhance the safety of the country’s highway network. According to the report, the…
Tajikistan has called on the European Bank for Reconstruction and Development Bank (EBRD) to participate in construction of the Rogun hydroelectric power plant (HPP). The request has reportedly been made during a meeting of Jamoliddin Nouraliyev, First Deputy Head of the National Bank of Tajikistan (NBT), with Jurgen Rigterink, First Vice-President of the European Bank…