The Ministry of Youth and Sports (MYS) has signed a contract with the company ArchiCO for preparation of design and estimate documentation for reconstruction Lenkoran Olympic Sports Center (USC). The complex area of ??9.2 hectares was put into operation in October 2003.
The cost of the contract is 250 000 AZN noted in the register of state-funded procurement contracts, which is maintained by the State Agency on Procurement.
In May of this year at the opening of Gobustan USC the USC Lenkoran sketch was presented to President Ilham Aliyev, who personally opened the complex just before the presidential election in 2003 - 9 October.
It is remarkable that MYS has entered into such an agreement with the same company for the sum of 230 thousand manats for preparation of construction documents for the construction of Tartar USC.
This year, for the implementation of state-funded investment projects in the field of sports activity MYS received 336.4 million manat. This represents approximately 6% of the state's investment portfolio for the current year. Among the projects of construction of USC there are those in the Gakh, Neftchala, Aghjabadi, Geygel, Khachmaz, Absheron and Geranboy areas.
To date, the Olympic sports complexes operate in 30 locations across the country. - 08B -
Economics
-
Food prices in Azerbaijan’s capital, Baku, increased by 5% during the first nine months of 2024, highlighting rising inflationary pressures in the domestic market, the Turan agency reported.
-
Global grain prices continued their downward trajectory in August, as the FAO grain price index slipped 0.5% from July and a sharp 11.9% year-on-year decline, reflecting weakening demand and intensifying competition among major exporters. Wheat prices were particularly impacted by higher-than-anticipated production levels in Argentina and the United States, exerting additional downward pressure on the international market.
-
Azerbaijan’s national air carrier, AZAL, has enhanced its international travel offerings through a new partnership with Ethiopian Airlines, providing passengers with increased connectivity and convenience for global travel, the airline announced on Monday.
-
The Azerbaijan Trade Forum, held on October 7, underscored the vital role of small and medium-sized enterprises (SMEs) in enhancing the country’s non-oil exports. Jointly organized by the Small and Medium Business Development Agency (SMBDA) and the Association of Customs and Logistics Companies of Azerbaijan, and supported by Pasha Holding, the event brought together stakeholders from various sectors, including import-export, logistics, production, and customs representation.
Leave a review