Tag Archives: construction

Tajik capital demolition angers many

OCT. 23 2015, DUSHANBE (The Conway Bulletin) — The authorities in Tajikistan plan to demolish some of Dushanbe’s most striking buildings to make way for new developments, infuriating many people.

Specifically, city planners are eyeing up the Rohat teahouse — a tourist destination — two theatres, the former presidential administration and the current parliament building for demolition. All of the buildings lie on prime real estate in the city centre and were built during the early Soviet period.

Nurali Saidzoda, deputy head of architecture and construction committee, told Tajik media last week that the buildings selected for demolition are not unique.

“If you had seen the blueprints of what will be built in their places, you would say the same,” he said.

The Tajik authorities appear to have something of a fad for large construction projects and grandiose design. Over the past few years they have built the biggest library, biggest teahouse, and biggest mosque in the region.

But not everybody was happy. Grassroots activism is rare in Tajikistan but, even so, hundreds of people signed an online petition calling for the demolition to be scrapped.

Fotima, an old woman walking in central Dushanbe, said she was concerned about the future of the city.

“The buildings to be demolished carry the spirit of the city. The city will not be as the same as I remember it anymore,” she said.

Abdulfattoh Shafiev, a Dushanbe- based analyst, said the demolition plans was linked to business.

“Demolition of old Stalinist buildings in the Tajik capital is completely unrelated to any ideology and is simply a business idea to build new and bigger skyscrapers in the most valuable part of Dushanbe, down- town,” he said.

ENDS

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(News report from Issue No. 253, published on Oct. 23 2015)

 

After seven year delay, Georgia restarts skyscraper project

TBILISI, OCT. 20 2015 (The Conway Bulletin) — Construction work on two twisting skyscrapers that will dominate the Tbilisi skyline restarted after a seven year lull, a symbolic act of confidence in Georgia’s economic revival since a 2008 war with Russia.

At 41-storeys , the Axis Towers will become Tbilisi’s tallest – and one of its most iconic – buildings when they are completed in 2017.

Opening the start of construction for the towers, Georgia’s President Irakli Garibashvili said the project will help boost the tourism industry in Georgia.

“The Axis Towers is a completely Georgian project,” Garibashvili added.

One of the two towers will be a five-star hotel operated by the French company Pullman, and the other tower will host residential apartments. The British company Arup would be involved in building the towers.

In February, the Georgian government and the Axis property company agreed to re-start the $83m project that was derailed by economic stagnation in Georgia after the 2008 war.

The project is funded through a joint venture between Axis and the state-owned Georgian Co-Investment Fund.

“About 1,000 people will be employed in the Axis Towers in the (construction) stage,” Mr Garibashvili according to comments on his website.

“Once it’s built several hundred people will have steady employment here.”

Georgia is witnessing a surge in prestige building projects, including the Tbilisi Sea New City development and various projects planned for the Black Sea resort of Batumi.

ENDS

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(News report from Issue No. 253, published on Oct. 23 2015)

 

Hill to manage Azerbaijan’s capital Tower

OCT. 6 2015 (The Conway Bulletin) — Azerbaijan hired US-based consulting firm Hill International on a $3.7m contract to manage the construction of the Baku Tower, a 50-storey skyscraper on the man-made Khazar island, outside the Azerbaijani capital. Avesta Group, an investment company linked to the Azerbaijani elite, has invested $2b into its Baku Tower project.

ENDS

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(News report from Issue No. 251, published on Oct. 9 2015)

 

Construction starts on $85m aircraft parts plant in Georgian capital

TBILISI, SEPT. 7 2015 (The Conway Bulletin) — Georgia’s PM Irakli Garibashvili officially initiated construction of a factory near Tbilisi airport that will produce structural components for airplanes.

Last March, Israel’s Elbit Systems and Georgia’s Partnership Fund, a state-owned holding, set up a joint- venture called Aero-Structure Technologies to build the $85m plant.

“The fact that Elbit Systems is returning to Georgia means a lot to me personally and to the Georgian government, because this is an expression of confidence towards our government and our country,”

Mr Garibashvili said at the opening ceremony.

The plant will give Georgia’s tech industry a major boost as well as create 300 new jobs. It will open in 2017. A Georgian government press release said the plant’s production was aimed at the major aircraft manufacturers Boeing, Airbus, Bombardier and Sukhoi.

For Elbit, one of Israel’s biggest weapon’s manufacturers, the new factory marks a remarkable turn around in its business relationship with Georgia.

Elbit Systems had previously built and sold Hermes 450 reconnaissance drones in Georgia. In 2011, though, it fell out with the government of President Mikheil Saakashvili.

The government launched a $100m law suit against Elbit which it settled for $35m.

ENDS

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(News report from Issue No. 247, published on Sept. 11 2015)

ADB approves loan for Georgian coast

AUG. 29 2015 (The Conway Bulletin) – The Asian Development Bank (ADB) approved a $20m loan to boost coastal defences along the Black Sea. The loan will be used to strengthen 5km of shore south of Batumi. The ADB said it was important to defend the shoreline to protect farmland and housing as well as the region’s beaches which attract thousands of tourists each year.

ENDS

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(News report from Issue No. 246, published on Sept. 4 2015)

World Bank approves loans to Uzbekistan

JULY 3 2015 (The Conway Bulletin) – The World Bank approved a $305m loan to Uzbekistan to update and modernise its motorway network and a second loan of $105m to improve the irrigation network in the Bukhara region, media reported. Human rights groups have criticises the world Bank for the loans.

ENDS

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(News report from Issue No. 239, published on July 9 2015)

Construction workers die in Georgian capital

JULY 7 2015 (The Conway Bulletin) – Four construction workers in Tbilisi died when part of a building they were demolishing fell on them, media reported. The former Institute for Physics and Mathematics was being demolished to make way for a hotel. The accident highlights Georgia’s poor construction safety record.

ENDS

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(News report from Issue No. 239, published on July 9 2015)

FDI in Georgia halves in first 3 months of 2015

JUNE 9 2015 (The Conway Bulletin) – Foreign direct investment (FDI), so important to Georgia’s economy, halved in the first three months of this year compared to the last quarter of 2014, GeoStat, the Georgian statistics agency, said.

GeoStat measured total FDI in Georgia at $175m, down from $349m in Q4 2014. Georgia’s attractiveness as a foreign investment destination was rebounding after the global economic crisis of 2008/9 and a war against Russia in 2008, so the data will disappoint.

Apart from the second quarter of 2014, this was the weakest FDI data for Georgia since 2009. The biggest drop was in construction and manufacturing, reflecting the recession which has hit the region, triggered by a struggling Russian economy.

ENDS

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(News report from Issue No. 235, published on June 11 2015)

Azerbaijan looking for plant investor

JUNE 3 2015 (The Conway Bulletin) – Azerbaijan is looking for foreign partners to invest in the $16.5b oil, gas and petrochemicals processing plant it plans to build near Baku, a senior executive at the plant told Reuters. Azerbaijan has delayed completing the plant because of a lack of funds.

ENDS

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(News report from Issue No. 234, published on June 4 2015)

 

Kazakhstan building new Caspian Sea terminal

JUNE 3 2015 (The Conway Bulletin) – Kazakhstan Temir Zholy, the national railway company, is building a new ferry terminal on the Caspian Sea, media reported.The terminal, at Kuryk south of Aktau, should be operational by December 2016 and highlights Kazakhstan’s drive to boost its trade across the Caspian Sea.

ENDS

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(News report from Issue No. 234, published on June 4 2015)