Bank Of Baku

Reconstruction of key bridge between Russia and Azerbaijan requires up to $3 million

Reconstruction of key bridge between Russia and Azerbaijan requires up to $3 million
# 04 June 2009 13:26 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. Reconstruction of a bridge over the Samur River between Azrrbaijan and Russia could begin soon, said Russian Trade Officer in Azerbaijan Yuri Shedrin.

According to him, nor Russia nor Azerbaijan has allocated money for the work from their budget.

“However, the parties reached an agreement to reconstruct the bridge. Agreement was reached at a meeting of Transport Ministers. The parties expect that the reconstruction work will begin in the near future, but the exact date is unknown,” he added.

According to Yuri Shedrin, the reconstruction work requires 2.5-3 million dollars.

“These funds will be drawn not from the state budget, but from other sources. Experts say the work will take about 10 months,” he added.
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