constration in Caucasus

 Shuakhevi hydropower plant to be built by autumn

Shuakhevi hydropower plant to be built by autumn

The construction of the Shuakhevi hydropower plant on the River Adjaristskali in Adjara will be completed in the autumn 2016, the Georgian Energy Ministry said. "As much as 75% of the construction work has been completed, the …

 WB approves loan for Baku-Shamakhi highway construction

WB approves loan for Baku-Shamakhi highway construction

The board of directors of the World Bank (WB) today approved an additional $140 million to fund the expansion of the Baku-Shamakhi highway. The loan will be issued through the International Bank for Reconstruction and Development …

Georgia chooses company to built port in Anaklia

Georgia chooses company to built port in Anaklia

The Anaklia Development Consortium, which is a joint venture of Georgia's TBC Holding LLC and Conti International LLC, has signed a $2.56 billion contract to build and develop a deep-sea port in Anaklia. The contract will be based …

Malaysia interested in participation in TANAP and TAP

Malaysia interested in participation in TANAP and TAP

Petronas is interested in taking part in the projects for construction of the Trans-Anatolian Natural Gas Pipeline (TANAP) and Trans-Adriatic Pipeline (TAP), Petronas' Azerbaijan country chair, Zainal Abidin Zainudin, said at …