construction in Caucasus

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'Meridian' drops out as Anaklia project investor

'Meridian' drops out as Anaklia project investor

Georgia's Ministry of Infrastructure announced that Meridian Capital Limited investment firm says it’s unable to participate in the Anaklia Deep Sea Port project at this stage. On October 28, 2019, Meridian Capital …

Tbilisi to spend $60 mln on purchase of new metro cars

Tbilisi to spend $60 mln on purchase of new metro cars

Mayor of Tbilisi Kakha Kaladze said that 40 new subway passenger carriages, which costs around $60 million, will be bought. Kaladze said at the government session that the City Hall is working on the project with …

Over 99% of TAP already in ground

Over 99% of TAP already in ground

Over 99% of the Trans Adriatic Pipeline (TAP) is already in the ground, TAP AG consortium said n a statement. "In 2016, the transport of steel pipes was in full swing. Three years later, over 99% of the pipeline is already in …

TAP project 88.8% completed

TAP project 88.8% completed

The Trans Adriatic Pipeline (TAP) project is 88.8% completed as of late July 2019, according to the updated data published on the website of TAP AG consortium. "TAP is currently moving further into the project construction …

Railway workers plan to go on strike in Georgia

Railway workers plan to go on strike in Georgia

A total of 4,800 employees of the Georgian Railway are preparing to go on strike on August 10 if their salaries are not be increased by 50%, the railway union reports.  Georgian Railway has responded to the demands, calling …

French Eiffage to build Anaklia port

French Eiffage to build Anaklia port

French construction company Eiffage will be the key contractor of the Anaklia Development Consortium to carry out the first phase of construction work of the Anaklia Deep Sea Port with Swiss ABB and Georgian CRP, the Anaklia Development …

Armenia to build new nuclear power plant?

Armenia to build new nuclear power plant?

Armenia’s authorities are negotiating with Russia over prospects for the participation in construction of a new nuclear power plant in the country, Armenian Vice Prime Minister Tigran Avinyan said. According to …

Darejan Palace in Tbilisi palace undergoing restoration

Darejan Palace in Tbilisi palace undergoing restoration

A historic Sachino palace, a summer residence of Queen Darejan, is undergoing major renovation, Tbilisi Mayor Kakha Kaladze said. About 2 million GEL ($710,480 will be spent on the renovation of the palace and the …

Azerbaijan increases production of construction materials

Azerbaijan increases production of construction materials

The volume of building materials production in Azerbaijan amounted to 325.5 million manat in January-May 2019, which is 5% more than in the same period of 2018, according to the Azerbaijani State Statistics Committee’s report. The …

Mehriban Aliyeva visits Children's Arts School in Baku

Mehriban Aliyeva visits Children's Arts School in Baku

First Vice-President of Azerbaijan, President of the Heydar Aliyev Foundation Mehriban Aliyeva visited Children's Arts School No. 2 named after Vagif Mustafazade in Yasamal district, Baku. Azerbaijan's …