construction in Caucasus

Azerbaijan's Akkord to build two roads in Georgia

Azerbaijan’s construction and production company Akkord has been declared the winner of the tender for the implementation of two infrastructure projects in Georgia with a total value of $59.5 million. "The customer of both …

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New overpass to offload Tbilisi road traffic

A new overpass at the crossroads of Tsintsadze-Kartozia streets in Saburtalo district of Tbilisi will be built in order to offload road traffic in Georgia’s capital, Tbilisi City Hall said. The implementation of the 2,700,000 GEL …

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New park to green up Georgia’s Tbilisi

Tbilisi City Hall has announced the creation of a new public park for Georgia’s capital of Tbilisi. Covering 13,000 square metres, the new park will be located in Tbilisi’s district of Gldani. Tbilisi Mayor …

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Wondernet Express to build new terminal in Batumi port

International logistics company Wondernet Express LLP is going to build a multimodal transit terminal in the Batumi port. The agreement on this was signed yesterday by representatives of Wondernet Express and administration of the …

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 Armoil to build oil refinery in Yeghvard

Armenia's Armoil company will invest 16.8 billion drams (around $35 million) in the construction of an oil refinery in Yeghvard, the country's Minister of Economic Development and Investments Suren Karayan said at a …

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 Ivanishvili to renovate Tbilisi botanical garden

Tbilisi National Botanical Garden will soon offer visitors new adventure routes, cycling and hiking trails and renovations in the Tsavkisistskali River gorge. Tbilisi City Hall announced the Tsavkisistskali River gorge development …

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American ExxonMobil becomes shareholder of BTC oil pipe

American oil company ExxonMobil became a shareholder of BTC Co., which manages the Baku-Tbilisi-Ceyhan oil pipeline, reads BP's report on the results of activities in Azerbaijan in 2017, AzerNews reports. ExxonMobil acquired 2.5 …

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 Chinese company interested in Anaklia Port project

One of China’s largest companies, China Railway International Group, is interested in investing in Georgia’s Anaklia Deep Sea Port project, which is underway on the shores of the Georgian city of Anaklia. The delegation of …

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New road to link Sumgait with Russia

Azerbaijan's authorities plan to implement this year a major infrastructure project of a new highway connecting the satellite city of Baku Sumgait with the Russian border, Azerbaijani President Ilham Aliyev said. …

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 Tashir Mall being built in Vanadzor

Tashir Mall is being built on the main square of Armenia's Vanadzor, Hraparak newspaper reports. According to the newspaper, Tashir Group, which is carrying out the construction, is owned by an Armenian businessman living in Russia, …

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