Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of Zire-Turkan highway. Under the presidential order, AZN3 million is allocated from the Presidential Contingency Fund for the construction of the ...

Azerbaijan’s Akkord OJSC wins tender in Kazakhstan

24.07.2017 [13:04]
Azerbaijan’s Akkord Industry Construction Investment Corporation has won a $70 million tender in Astana, the Republic of Kazakhstan. Akkord Corporation is the winner of the International Bank for Reconstruction and Development (IBRD)-supported tender on ...

President Ilham Aliyev: All infrastructure has been created in Jojug Marjanli village

13.07.2017 [09:40]
"We have restored Jojug Marjanli village, which was liberated from the Armenian occupation. Fifty houses, a school and a mosque reminiscent of Shusha mosque have been built, a road has been constructed, all the infructure has been created there. Families are back to their land," said President Ilham Aliyev ...

Azerbaijan`s building materials output sees strong growth

25.03.2017 [12:09]
Output of Azerbaijan's building materials sector has increased 71.2 per cent in the first two months of 2017, according to the State Statistics Committee. Cement production saw a 14.7 per cent growth, while the production of concrete building constructions rose 7.4 times and the ...

Azerbaijan`s fixed capital received nearly 1.5bn manats from foreign sources in two months of 2017

23.03.2017 [15:10]
Foreign businesses and companies invested 1,405,700,000 manats (or $824,805,045.86) in Azerbaijan`s fixed capital in the first two months of 2017, according to the State Statistics Committee ...

President Ilham Aliyev: The construction sector will be developed in Azerbaijan this year

11.01.2017 [15:40]
"I am confident that our country will continue to develop successfully in 2017. All social programs will be carried out and very important steps will be taken for the economic development," said President Ilham Aliyev as he addressed the meeting ...

Low-income families to get long-term credits

11.01.2017 [13:09]
Last month we gave start to the construction of the first nine-storey building in Yasamal residential complex, the first project of the State Housing Construction Agency (MIDA). I am convinced, the project will successfully continue ...

Azerbaijan`s fixed capital received 7 bn manats from foreign sources in 2016

20.12.2016 [21:08]
Foreign businesses and companies invested 7,678,100,000 manats in Azerbaijan`s fixed capital in 11 months of 2016. The largest foreign investors in Azerbaijan`s fixed capital are the UK, Turkey, Malaysia, Switzerland, Russia, Iran, the USA and Japan as they account for ...

First project implemented by Azerbaijani company in Europe launched in Belgrade

10.11.2016 [19:39]
“The road, built by AzVirt in Serbia, is the first project implemented by an Azerbaijani company in Europe,” Minister of Economy Shahin Mustafayev told Azerbaijani journalists prior to the official inauguration of the road in Belgrade. ...

Opening of highway - symbol of Azerbaijani-Serbian friendship held in Serbia

08.11.2016 [12:30]
As was reported earlier, the Azerbaijani delegation headed by Economy Minister Shahin Mustafayev have visited Serbia to participate in the inauguration of Ljig- Boljkovci, Boljkovci- Takovo and Takovo- Preljina sections of Serbia’s main highway, the ...

AZN 1.6 million allocated for construction of road in Sabunchu

04.11.2016 [13:48]
Azerbaijani President Ilham Aliyev has signed an order providing funding for the construction of Sabunchu-Ramana road in Sabunchu settlement, Baku. Under the presidential order, 1.6 million manats were allocated from the State Budget for the construction of the road connecting ...

Russian gypsum manufacturer seeks partnership with Azerbaijani companies

21.10.2016 [20:26]
Russia's gypsum manufacturer Volma Corporation has expressed interest in cooperating with Azerbaijani counterparts, the company`s manager Sergei Kovalchuk told AZERTAC. Volma produces gypsum dry mix and gypsum wallboards. It has five plants ...

BakuBuild 2016 to open its doors on Wednesday

18.10.2016 [18:00]
The Caspian Region’s largest building exhibition, BakuBuild 2016, the 22nd Azerbaijan International Construction Exhibition, will open its doors on 19 October at Baku Expo Center. BakuBuild is the most important trade event in the region for building and ...

Baku Expo Center to host International Construction Exhibition

29.08.2016 [20:46]
From the 19th to the 22nd of October, Baku Expo Center will host the Caspian region’s major event in the construction field - the 22nd Azerbaijan International Construction Exhibition, BakuBuild 2016, which will mark the beginning of Caspian Construction Week. This is a long-awaited exhibition for many experts from various ...

Azeravtoyol signs $140m loan deal with WB

07.04.2016 [17:55]
Azeravtoyol and the World Bank have signed an agreement allocating a $140 million loan to Azerbaijan for the Additional Financing for the Third Highway Project. The agreement was signed by chairman of Azeravtoyol Saleh Mammadov and head of WB office in Baku Larisa Leshchenko ...

Serbian Premier hails activity of Azerbaijan`s AzVirt construction company

02.02.2016 [19:13]
Serbian Prime Minister Aleksandar Vucic has hailed the activity of Azerbaijan’s AzVirt company in Serbia at the event held on the occasion of the completion of the construction of the Ljig-Preljina section of the Beograd-Juzni-Jadran highway ...

Ukrainian companies interested in contributing to construction of new metro line in Baku

31.12.2015 [12:30]
Ukraine`s Vice Prime Minister, Minister of Regional Development, Construction, Housing and Utilities Hennadii Zubko has said Ukrainian companies want to be involved in the construction of an additional metro line in the capital of Azerbaijan ...

“BakuBuild-2015” to bring together 535 companies from 30 countries

20.10.2015 [19:59]
ITE Group Plc Regional Director Edward Stroon has said “BakuBuild-2015” exhibition will bring together 535 companies from 30 countries. “BakuBuild-2015”, the largest construction event in the Caspian region, will take place from 21 – 24 October ...

Portuguese company interested in cooperation with State Urban Planning and Architecture Committee of Azerbaijan

18.09.2015 [14:12]
Chairman of the Azerbaijani State Committee for Architecture and Urban Planning, Abbas Alasgarov met with the delegation led by Portugal's ambassador to Turkey, Jorge Cabral. Mr. A. Alasgarov informed the guests about the works done and activities of the Committee he supervises ...