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EBRD to invest $220 million in Azerbaijan

EBRD to invest $220 million in Azerbaijan

29 September 2009 13:35 (UTC +04:00)

Baku. Nijat Mustafayev - APA-ECONOMICS. The European Bank for Reconstruction and Development (EBRD) will invest in total $220 million in Azerbaijan for the full year of 2009, said Francis Delaey, head of the EBRD office in Baku.

According to him, 10 investment projects for Azerbaijan will spend not more than $ 220 million during the year.

Azerbaijan became a member of the EBRD in 1992.

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