Bank Of Baku

Amount of investments in Baku-Tbilisi-Kars railway project made public

 Amount of investments in Baku-Tbilisi-Kars railway project made public
# 06 March 2015 13:41 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In 2014, State Oil Fund of Azerbaijan invested $72.7 mln or AZN 57.1 mln in financing Baku-Tbilisi-Kars railway project, this was reflected in the report of the Cabinet of Ministers on its activity in 2014.

 

The report says SOFAZ expenditures have been fulfilled by 43.1%.

 

In 2007-2014, SOFAZ allocated AZN 424.2 mln or $536.6 mln to this project.

 

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