construction in the East

Gazprom to loan 2.14 bln euro to Turkish Stream operator

Russian gas company Gazprom said it would loan up to 2.14 billion euros to its subsidiary South Stream Transport B.V. which is overseeing the construction of the Turkish Stream undersea gas pipeline to Turkey from Russia. The loan will …

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First control flight held in Istanbul third airport

The first control flight has been carried out at the third airport in Istanbul, the General Directorate of State Airports Authority of Turkey (DHMI) said in a statement. It is noted that the flight was carried out under the control of …

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TANAP project to enter into service in June

The Trans-Anatolian Natural Gas Pipeline (TANAP) project will enter into service as of June 12, Energy and Natural Resources Minister Berat Albayrak said, Hurriyet Daily News reported. “The opening …

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Date of opening Canakkale-1915 bridge revealed

The opening ceremony of the Canakkale 1915 bridge will be held on March 18, 2022, Turkey's Minister of Transport, Shipping and Communications Ahmet Arslan said. "At present, the creation of infrastructure for …

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Turkey to build 6 new football stadiums

Six new football stadiums will be built in such Turkish cities as Ankara, Elazig, Erzincan, Hakkari, Sirnak and Edirne, Turkey's Youth and Sports Ministry said in a message, noting that 820 million Turkish liras ($217 million) will …

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Iran refuses to build railway to Armenia

Iran is ready to launch the railway with Armenia, but under one condition, the Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to Armenia Seyed Kazem Sajjadi said yesterday. …

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 Gazprom to build Turkish Stream at its own expense

Gazprom will implement the construction of the Turkish Stream gas pipeline at its own expense, Deputy CEO of the Russian holding Andrei Kruglov said in London today. "We tentatively said that the cost can be $6 bln …

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Iran to build bridge between Georgia and Armenia

Iran's company Ariana Tunnel Dam Co will construct a new Bagratashen Bridge on the Armenian-Georgian border in 2018. The construction will be financed from a loan agreement signed between Armenia and the European Bank for …

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Turkey unveils route of Canal Istanbul project

The Turkish government unveiled the route of its planned new canal for Istanbul, which is an artificial sea-level waterway parallel to the Bosphorus that is to connect the Black Sea to the Sea of Marmara. The project, first announced by …

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Kazakhstan's car industry shows improvements in 2017

In 2017, residents of Kazakhstan bought more than 46,000 new cars worth $1.12 billion, the press service of KazAvtoProm reported. The press service noted that the sales have increased by 28.6% in comparison with 2016. …

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