ADB finishes financing of 2 projects in Azerbaijan

ADB finishes financing of 2 projects in Azerbaijan
# 13 December 2012 14:49 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. Asian Development Bank will negotiate with Azerbaijani government on completion of two projects in the country, Head of the Permanent Mission of the Asian Development Bank in Azerbaijan Olli Noroyono said, APA reports.

To him, completion of these projects is connected with ending of financing. One of them is construction of Ganja circular road, another – improvement of electric power transmission system.

Note that ADB allocated $160 mln to Azerbaijani government for fulfillment of project on improvement of electric power transmission system and $55.4 mln for construction of Ganja circular road.

#
#

THE OPERATION IS BEING PERFORMED