FEB. 3 2014 (The Conway Bulletin) — French engineering company Thales has won a deal to upgrade equipment on Baku’s metro system, media reported quoting a senior company official. The Azerbaijani government has pledged to update and extend the Baku metro, which dates from the 1960s.
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(News report from Issue No. 170, published on Feb. 5 2014)
OCT. 23 2013 (The Conway Bulletin) — The Manila-based Asian Development Bank (ADB) has approved a $200m loan to help build houses in rural Uzbekistan, media reported. ADB’s loan underscores the need for better housing outside Uzbekistan’s main cities. The loan is part of $500m tranche agreed between ADB and Uzbekistan in 2011.
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(News report from Issue No. 158, published on Oct. 30 2013)
SEPT. 16 2013 (The Conway Bulletin) — As part of a joint Kazakh-Chinese investment programme, construction will begin on a new potash fertiliser plant in western Kazakhstan, Kazakh deputy industry minister Nurlan Sauranbayev said. Mr Sauranbayev said the initial cost of the plant would be about $1b.
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(News report from Issue No. 152, published on Sept. 18 2013)
AUG. 15 2013 (The Conway Bulletin) — Highlighting its energy wealth, Turkmenistan unveiled plans to build a $2b port on its Caspian Sea coast. Turkmen leader Kurbanguly Berdymukhamedov and Turkish PM Recep Tayyip Erdogan launched the project. Turkish construction company Gap Insaat will build the port.
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(News report from Issue No. 148, published on Aug. 19 2013)
JULY 23 2013 (The Conway Bulletin) — Work has begun on building Georgia’s first wind farm, media quoted the Georgian minister for energy, Kakha Kaladze, as saying. Mr Kaladze said a small wind farm capable of producing 20MW of power would be operational in central Georgia by 2014. If the project is a success, more wind farms are planned.
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(News report from Issue No. 145, published on July 29 2013)
JULY 8 2013 (The Conway Bulletin) — Azerbaijan’s government voted to scrap import duty and VAT on a series of oil-based products used in the construction and road-building sectors, media reported. These products include petroleum bitumen which is used as asphalt to build roads. Duties on these products are due to be scrapped on Jan. 1 2014.
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(News report from Issue No. 143, published on July 15 2013)
JUNE 17 2013 (The Conway Bulletin) — Plans have emerged to build an 88-storey complex in Astana, the Kazakh capital. Media reported that the Abu Dhabi Plaza will cost $1.1b to build and will be the tallest building in Central Asia. The plans show that there is still appetite for ambitious building projects in Astana.
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(News report from Issue No. 140, published on June 24 2013)
APRIL 28 2013 (The Conway Bulletin) — Kazakh industry minister Asset Issekeshev said on a visit to Dubai that the Dubai-based port operator DP World has pledged to invest $1b into Aktau port and the Khorog-Eastern Gates free zone area, media reported. Aktau is Kazakhstan’s main Caspian Sea port. The Khorog-Eastern Gates free zone lies on the border with China.
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(News report from Issue No. 133, published on April 29 2013)
OCT. 27 2012 (The Conway Bulletin) – It may have been grand-standing, but it was still clear that Tajik president Emomali Rakhmon was pleased.
Mr Rakhmon was opening a new tunnel under a treacherous mountain road that links the north of Tajikistan to the south, when, according to the Russian news agency RIA-Novosti, he said that this was now the shortest route between Asia and Europe.
He was wrong, of course, but the Shakhristan Tunnel is still important. Not only does it improve journey times between Dushanbe, the capital, and Khujand, the second city, but this 5km-long tunnel under the Pamir mountains also underlines China’s commitment to the region.
With funds from Beijing, a Chinese company built the tunnel under a pass which is often closed by snow in the heavy winter months.
Tunnel projects in Tajikistan form just one part of China’s regional strategy. It is investing heavily in Central Asia, building relations by improving transport links, handing out cheap loans and buying up resources.
Across the border from where Mr Rakhmon was admiring his new tunnel, the Uzbek government was also thanking Beijing. It had just borrowed $220m to modernise a heating plant in Tashkent.
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(News report from Issue No. 111, published on Nov. 2 2012)
MAY 19 2012 (The Conway Bulletin) – An Uzbek-South Korean joint venture said it had secured a $2.5b loan from a consortium of banks to build a gas plant in the northwest of the country. The planned gas plant at the Surgil field is considered an important part of Uzbekistan’s future energy policy and will create 1,000 jobs.
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(News report from Issue No. 089, published on May 25 2012)