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Weekly Lists
November 9, 2018 www.intellinews.com I Page 24
bne:
Infrastructure
Moldovan president claims Russia may provide $1bn for infrastructure projects
Tehran Metro Line 6 construction workers go on strike after no pay for six months
Russia could provide Moldova with $1bn for infrastructure projects, Moldovan President Igor Dodon claimed during a TV show, unime- dia.info reported on November 7.
The statement is part of a longer series of promises made by Do- don ahead of next year's general election. Dodon’s Socialist Party is leading the polls with more than 40% support.
Dodon also claimed that Moscow is also ready to consider cuts in the gas price. However, the Moldovan president said, it all depends on the result of the parliamentary elections scheduled for February, implying the gas price cut would only be forthcoming in case of a win for the Socialists.
Construction workers on the project to roll out Tehran Metro’s upcoming Line 6 gathered in protest outside the Tehran municipality headquarters against the non-payment of their wages for six months, Radio Zamaneh reported on November 4.
Several Iranian companies have collapsed in recent months including private and government-owned entities because of failures to repay debts to banks and state bodies. The imposition of two sets of US sanctions — the first raft taking effect in early August, and the second heavier raft on November 5 — against Iran have left the state unable to trade with international partners including European and Chinese companies who would normally deal with such projects as the metro line.
OTP Bank Romania announced on November 5 that it has financed the first private industrial park in the southwestern city of Craiova, an investment worth €28mn.
Southern Industrial Park is the first investment by Zacaria company in the south of the country. It has already attracted large logistics and production companies and is likely to increase employment
in Dolj county where the unemployment rate stands above the national average.
"We are delighted to have had the opportunity to fund a representa- tive project for the southern area of the country. We believe in the potential of the Craiova market and we are glad to be partners in the construction of this project that can contribute to the sustain- able development of the local economy," Dragos Mirica, deputy CEO of OTP Bank Romania, said.
OTP Bank finances €28mn industrial park in Romania’s Craiova