Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of a road in Barda. Under the presidential order, AZN 6.8 million is allocated from the Presidential Contingency Fund for the construction of Yeni Dashkend-Umudalilar road connecting 17 residential areas with the population of 15,000 people. (AzerNews/Business World Magazine)
Ukrainian air carriers increased passenger transportation by 40% YoY in January-June, to 4.6 million people, according to the State Statistics Service. Passenger turnover for the period under review soared by 45.8%, to 8.9 million passengers/km, the report said. Air freight for the first 6 months of 2017 fell by 8.9%, to 4,000 tons, while cargo…
Azerbaijan’s President Ilham Aliyev has signed an order to provide funding for the construction of Zire-Turkan highway. Under the presidential order, 3 million manats is allocated from the Presidential Contingency Fund for the construction of the highway, which connects two residential areas with the total population of 24,000 people. (Trend/Business World Magazine)
The State Automobile Roads Agency, also known as Ukravtodor, even if the funds from reprofiling of government domestic loan bonds are sent to the company, would not be able to use them in 2017, Ukravtodor head Slawomir Nowak has reported. “If this was the money sent to the public road fund, it would have been…
Azerbaijan’s president Ilham Aliyev signed a decree approving a memorandum of understanding between Azerbaijan Railways CJSC and Iranian Railways on the development of railways, signed on March 5 in Tehran. Azerbaijan Railways CJSC is instructed to ensure the implementation of provisions of the decree after the MoU’s entry into force. Meanwhile, Azerbaijan’s Foreign Ministry is…
Prime Minister of Kazakhstan Bakytzhan Sagintayev visited North Kazakhstan region. While in the region, the premier surveyed the progress of reconstruction and familiarized with the prospects of development of transit potential of the Petropavlovsk International Airport. Vice governor of North Kazakhstan region Anton Fedyayev briefed Prime Minister Sagintayev on reconstruction of the terminal and landing…
Multiple potential investors could start a due diligence review in Latvian national airline airBaltic, says Latvian Transport Minister Uldis Augulis. He says the Cabinet of Ministers has been informed about the progress with attraction of a new strategic investor for the airline. In total, more than 40 potential investors from all over the worlds have…