Names of projects for foreign investors made public in Baku

Names of projects for foreign investors made public in Baku
# 25 November 2010 13:32 (UTC +04:00)
According to APA-Economics, these projects include construction of two residential quarters in Baku’s two areas (Baku White City» and «Baku Garden City) and several production enterprises.

Baku White City project, implementing by ADEC Company, plans to construct 10 modern residential, service and business quarters in former industrial area of Baku known as Black City. This project will cover 221 ha and 50 000 persons will live here. At the same time, 20 000 apartments and commercial area with the total area of 45 mln m² will be built here. 40000 car parks will be constructed in BWC.

THe second project (Baku Garden City) is realized by Vizzion Group Company and will locate in Narimanov District – around the Exselsior hotel. The project plans to construct apartment in 78 500 m² area, trade area in 62 100 m², office in 27 500 m², hotel in 32 000 m², service area in 12 400 m² and parking and storage areas in 94 900 m² areas. Total area of this project will take 307 500 m².
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THE OPERATION IS BEING PERFORMED