Baku / 09.09.17 / Turan: Azerbaijan Railways (AzR) CJSC has concluded a contract for the reconstruction of the metal single-line railway bridge on the 253rd kilometer of the Yevlakh-Malay distance. This bridge was planned to be renewed in 2005-2016 (https://goo.gl/Rp5XpR).
The value of the contract signed on September 13 between AzR and Korpu-Bina-Tikinti LLC is 12 million manat. How the company has been selected is not reported.
Back in November 2014, the former head of AzR Arif Askerov reported https://goo.gl/JTqkYy that the estimated cost of reconstruction of this bridge was 42 million 380.2 thousand manat. The work began in 2013, and by that time, 15.8 million manat was spent. This project was included in the State Program of the Railway Transport System Development in 2010-2014 (https://goo.gl/7ti28Q) and the State Program of Social and Economic Development of Regions in 2014-2018 (https://goo.gl/Axyt3a). But, all the same, when this long-term construction will be completed is still unknown. -----08B
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review