The head of Georgian State Electorsystem company (GSE) Sulkhan Zumburidze and Vice President of Azerenerji Marlen Asgarov signed a memorandum on further development of cooperation between Azerbaijani and Georgian systems to create an "energy bridge" with Turkey, Turan reported. According to GSE, the point is Azerbaijan's joining the construction of Akhaltsikhe-Borchkha electric transmission line that is to connect energy systems of Georgia and Turkey.

The 10th universal regional exhibition "Armenia Expo 2010" was opened on September 3 in Sport & Concert Complex aft. K. Demirchyan. The exhibition lasted for 3 days and was closed on September 5. The organizers were LOGOS EXPO Center and Union of Industrialists and Entrepreneurs of Armenia, and the main media sponsor was VivaCell-MTS. The exhibition was attended by over 150 local and foreign companies from 14 countries. The exhibition was opened by Prime Minister Tigran Sargsyan and chairman of Union of Industrialists and Entrepreneurs of Armenia Arsen Ghazarian. At the opening ceremony in his speech the Prime Minister highlighted the importance of participation of foreign companies to preserve the international status of the exhibition. Let's recall that the purpose of any exhibition is the public display of achievements in any field of human activity, specifically "Armenia Expo 2010" in economics. We hope that it played a positive role in economic integration and development of the region, despite the fact that on the third day of the exhibition stands of some companies were already empty.

In South Africa talks are underway between the Government and the Chinese State-owned China Railway Group on construction of high-speed railway line between the cities of Johannesburg and Durban, length 556km. Project cost is estimated at US $ 30 billion and reduce travel time compared to driving twice. China Railway Group is currently the second largest construction company in the world and takes place in the world 342 Fortune Global 500 companies. Also note that now the Governor of California Arnold Schwarzenegger takes a "guided tour" of major Asian countries producing and manufacturing high-speed trains, to select a contractor for assumed high-speed railway between Los-Angeles and San-Francisco.

In sports & concert complex after K.Demirchyan has opened 7th international specialized exhibition CAUCASUS BUILDING & RECONSTRUCTION EXPO 2010" that will last 3 days, from 2-4 of April 2010. Organizer of the exhibition LOGOS EXPO Center assure that this event is the largest building expo in Armenia for the last 10 years, with more than 100 participants from several countries, which definitely gives possibilities for market expansion, product development and international experience exchange.

Construction of underground parking structure in Yerevan is mainly funded by private investments, told Aysor's correspondent Chief Architect of Yerevan Samvel Danielian. "We are installing a new underground parking structure on financial backing of private investors. Five camps will be built on Shaumian Square, Aznavour Square, Sakharov Square, Liberty Square, and French Square. We'll install 2,496 car parking spaces to 2014, finishing the construction works," said Samvel Danielian. Some 9 underground parking structures are included in the General Plan and the Framework of territorial dealing of administrative zones, according to the chief architect. The installing works are expected to be finished by 2020, bringing additional 2,355 car parking spaces. Installing of the three-storey underground parking structure on Liberty Square, which begun in October 2008, is nearing its completion. It will be put into operation in spring of 2010, providing 500 car parking places. Samvel Danielian said the 2009-2020 Plan on installing multistoried underground and ground parking structures is designed with focusing on the key goal to free streets from parked cars, especially, in the center of the city. Car parking places will be available by paid system.