Bank Of Baku

ADB to allocate $580 to Azerbaijan by 2015

ADB to allocate $580 to Azerbaijan by 2015
# 03 October 2012 15:26 (UTC +04:00)
At the same time, a technical aid in amount of $3.25 mln also is planned within the business-plan.

“According to new business-plan, transport, city services and development of private sector will be preferred. ADB also continues discussions of possible assistances in energy sphere with Azerbaijani government. ADB’s private sector group researches the investment opportunities in infrastructure sphere and will continue support to financial organizations”, representation told APA.

At the same time, the new plan will also support domestic growth: “Involving of ADB in the transport sector will be useful for the poor and women. ADB’s assistance to water supply and sewerage will improve the living condition in the country”.
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