The European Investment Bank (EIB) and the government of Georgia have signed a deal on the allocation of a EUR 250-million loan for “vitally important” infrastructure projects in Georgia, the government says. The deal was signed in Tbilisiby Georgian Prime Minister Mamuka Bakhtadze and Vice-President of EIB Vazil Hudak. Bakhtadze hailed EIB as “one of…
Tallinn Airport CEO Piret Murk-Dubout confirms that flights to the island city of Kuressaare are popular enough to justify operating larger aircraft. The number of passengers on the route has grown steadily in recent years, Murk-Dubout said. Speaking at a conference of businesses on the island, Murk-Dubout said that islanders’ call for larger aircraft with…
In 2018, the transshipment of containers at the Baku International Sea Trade Port amounted to 22,886 TEU (twenty-foot equivalent unit) – about 3.8 million tons, up by 49% YoY. As for passenger traffic, its volume reached a 20-year record figure – 47,736 people (+44%). The cargo transshipment potential of the Baku port within the first…
Turkmenistan’s logistics potential in the field of transit cargo transportation has increased taking into account the commissioned Kazakhstan-Turkmenistan-Iran transnational railway. The foreign partners, including China, pay more attention to the transit potential of this route, which has become an important link in the North-South and East-West transport corridors. The total length of the China-Kazakhstan-Turkmenistan-Iran route…
The ice road between Haapsalu and Noarootsi opened on February 15 at 11.00 EET, only to close a few hours later. The 4km stretch of ice road, a short cut between the mainland town of Haapsalu and the Noarootsi peninsular, also on the mainland, was opened to vehicles weighing up to 2.5 tons. However, thawing…
In January seaports of Ukraine handled 11.9 million tons of cargo, up by 3.4% YoY, says press center of Ukrainian Sea Ports Authority. According to the statement, the growth was mainly driven by a 12% increase of exports (by 1 million tons), while import and transit dropped by 23.3% (by almost 500,000 tons) and by…
About 123 kilometers of roads are planned to be repaired in 40 districts of the country in 2019. The information was announced at a meeting of the President of Kyrgyzstan Sooronbai Jeenbekov with the Minister of Transport and Roads of the country Zhanat Beishenov. According to the Information Policy Department of the head of state,…