Kazakhstan carried out 350 major road works in 2020 at a total cost of $565mn, World Highways reported.
Repairs were carried out on 3,221km of local roads, while 541km of highways were upgraded. Around 75% of local roads were now in a “good condition” in Kazakhstan, compared to 71% in 2019.
Further upgrades to roads are expected in 2021.
One project involves the development of a highway connecting the commercial capital Almaty with neighbouring Kyrgyzstan. The Asian Development Bank-supported (ADB-supported) project is still under consideration as options for the shorter routes require a drastic increase in costs due to the construction of tunnel sections of either 14.6km, 16km or 12km.
The Eurasian Development Bank (EDB) said on March 26 it had fully redeemed a five-year Eurobond, meeting all obligations to investors at maturity. The bank paid a total of €286mn, covering both ... more
Indian budget carrier IndiGo has cancelled all flights to and from Tbilisi, Almaty, Baku and Tashkent until February 28 due to the developing situation around Iran, the airline announced on February ... more
Ukrainian outlet Kyiv Post on August 2 reported sources within Ukraine's Main Military Intelligence Directorate (GUR) as stating that an explosion in Russia disabled a section of ... more