Baku / 05.10.17 / Turan: MIDA LLC under the State Agency for Housing Construction has signed an agreement with the company Mercury Inshaat for the construction of two residential buildings in the Yasamal residential complex. This is almost complete selection of companies for the construction of 29 social residential buildings in this residential complex.
The cost of the contract is 6 million 157.9 thousand manat. Mercury Inshaat LLC acts in this project in a consortium with the company Conco.
MIDA LLC also concluded the last contract for the construction of communications. Gas Oil Building Ltd. will lay all gas supply pipelines in the Yasamal residential complex.
Work in the Hovsan residential complex is still at the design level. A corresponding agreement was signed with the LLC Project Institute of the University of Architecture and Construction of Azerbaijan LLC. The cost of these works is estimated at 397,000 manat. ----08D
Economics
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Temporary suspension of gas supplies from Azerbaijan to Serbia will be avoided, Serbian President Aleksandar Vucic announced on Sunday.
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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