APA-Economics reports that agreement has already been reached with Tekfen Inshaat company, which is constructing the stadium.
According to the agreement, $102.6m will be spent on this work. $69.2m will be spent on electrical installation work, $33.4m on mechanical work.
Bulent Batukan, member of the Management Board of Anel Elektrik company (Anel Group), said that the project realized in Baku will be a model for Anel Group, which is participating in the construction of stadiums for FIFA World Cup in Russia in 2018 and Qatar in 2022.