News Details

Barpak Village in Nepal witnesses development

News Date: 01.10.2016

Barpak village development committee in Gorkha, which had lost many lives and houses to earthquakes last April, has started to recover. Increasing number of houses in the hill is making the area's return to normalcy. Around 1,200 new houses have been reconstructed in the area and many more are underway.
Along with houses, new school buildings are visible in Barpak these days. Whether individuals or schools or organizations, everybody is trying to gear up the rebuilding process. One of the greatest reliefs here is the restoration of electricity connection.
Azerbaijan implementing serious reforms
Azerbaijan has moved to the post-oil era by implementing serious reforms in all sectors of the economy. The railways are modernized and international transport corridors north-south and east-west are under construction. Along with the capital, international airports were put into operation in the regions, and the sea port that meets modern standards became operational. Brand-new technology-driven industrial entities are creating material and technical facilities for dynamic development of metallurgy, mechanical engineering, building materials, construction and other industries.
With the large decline in oil and gas prices, however, the country is currently experiencing the turbulent times with other natural resource exporters. Economic diversification is a time-consuming process and Azerbaijan's government has been promoting diversification away from the oil and gas sector over the past decade. Determined to continue on this path, the statistics indicate that Azerbaijan has made big progress. According to Azerbaijan's State Statistics Committee, the non-oil sector share of Azerbaijan's GDP was only 37 per cent in 2007, but in 2014 it had increased to 56 per cent, rising further in 2015 to reach 65 per cent. Even though total GDP increased by a little over one per cent in 2015, industrial production rose by 2.4 per cent and the non-oil industry grew by 8.4 per cent .
Indonesia towards growth
The Indonesian Government's focus on accelerating infrastructure development in all parts of Indonesia, as declared by President Joko Widodo, has pushed growth of the construction sector.According to the National Development Planning Agency (Bappenas), as Government and private sector infrastructure projects escalate, the construction sector is forecast to grow by 8.1 per cent in 2017. This condition is expected to boost investment that will drive growth in related industries, create jobs and absorb labour. One of the major impacts of the construction sector growth is the increasing demand for construction services companies and their workers.