The Italian company Tirrena Scavi will invest about $33 million in the construction of a road, which is part of a new bypass around the Armenian capital city of Yerevan. According to a statement from the government, a contract with the firm is set to be signed by the end of the year, while construction…
Port of Tallinn has won the Green Port/Terminal of the Year Award by the DPC Innovation Awards 2017. The award spotlights a port or terminal that has demonstrated an active and innovative response to the preservation and promotion of wildlife, reduction in air emissions, water quality, treatment of soils/sediments, community engagement and sustainability. Port of…
PJSC Ukrzaliznytsia has started the sale of tickets for international trains running to the countries of the European Union. Ukrzaliznytsia wrote on its Facebook page, in pursuance of the resolution of the Cabinet of Ministers of Ukraine, the company took measures to establish discounts for the current ceiling tariffs for international traffic and developed the…
Compared to the nine months of 2016, the volume of freights carried by land and pipelines had increased by 2.3 million tons or by 2.7% and freight turnover by 3% in the nine months of 2017. The volume of freights carried by rail went up by 1 million tons or by 2.8%, whereas the freight…
President of Uzbekistan Shavkat Mirziyoyev gave instructions for the construction of a hotel during his visit to the Tashkent International Airport named after Islam Karimov on December 2. Mirziyoyev familiarized himself with the project for the construction of the new passenger terminal “Tashkent-4”. The project is funded through banks and funds of Uzbekistan and South…
The draft investment plan of the PJSC Ukrzaliznytsia for 2018 provides for the purchase of 8,880 new wagons, of which 5,180 from third-party manufacturers, but this plan could be reduced due to a lack of funding, the deputy director of the Ukrzaliznytsia strategic management and development department, Oleksandr Malakhov, has said. During the infrastructure day…
Azerbaijan offers Croatia to launch direct flights for development of tourism, Azerbaijani Economy Minister Shahin Mustafayev said. Mustafayev made the remarks at a meeting with Croatian Deputy Prime Minister, Minister of Economy, Entrepreneurship and Crafts Martina Dalic in Baku, the Azerbaijani Economy Ministry reported on November 29. Speaking about cooperation between the two countries, Mustafayev…