Latvia: construction costs up in April 2017

Compared to March, the level of construction costs in Latvia increased by 0.9% in April. Labor remuneration of workers grew by 2.9%, prices of building materials increased by 0.5%, whereas maintenance and operational costs of machinery and equipment rose by 0.4%. Compared to April 2016, construction costs increased by 2%. Labor remuneration of workers rose…

Ukraine: road construction among top priorities

President Petro Poroshenko underlines the efficiency of the experiment initiated by him to allocate half of unscheduled revenue from customs duties for construction, restoration and reconstruction of roads in Ukraine. This has been reported by the press service of the Head of State. “Repair and construction of road in Ukraine is among the top priorities…

Tajikistan: government allocates 30 million somoni for reconstruction of Kokhi Vahdat State Complex

Reconstruction of the Kokhi Vahdat (Palace of Unity) State Complex, which is the headquarters of the Tajik ruling People’s Democratic Party and is also used to host international conferences, has begun. The national budget has earmarked some 30 million somoni (equivalent to some $4 million) for reconstruction of the Kokhi Vahdat State Complex, a source…

Kyrgyzstan: 14 small HPPs to be built

The State Committee for Industry, Energy and Subsoil Use of the Kyrgyz Republic announced a tender for the right to build small hydro power plants. Legal entities of Kyrgyzstan, as well as foreign legal entities can participate in the tender. In case a foreign legal entity is chosen the winner of the tender (prior to…