Bank Of Baku

ADB increases capitals in Azerbaijan

ADB increases capitals in Azerbaijan
# 22 April 2010 07:00 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The volume of directed investments to basic capital by the Asian Development Bank in Azerbaijan was AZN 3 276,2 mln in January-March, 2010.

According to State Statistic Committee ADB has rose by 2.4 times volume of the investments, compared with a year ago.

Azerbaijan has been the member of ADB since 1999. At present, ADB is financing on the framework of Central Asia Regional Economic Cooperation Program the rehabilitation and enlarge of Yevlakh-Gandja and Kazakh-Georgia motor road, Rail Trade and Transport Facilitation and etc.
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