Bank Of Baku

ADB and Azerbaijan conduct negotiation on allocating of 2nd tranche

ADB and Azerbaijan conduct negotiation on allocating of 2nd tranche
# 18 February 2011 14:21 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Asian Development Bank and Azerbaijani government are conducting negotiations on allocating of the 2nd tranche for City Water Supply and Canalization Project, said the new country director for ADB Azerbaijan Resident Mission Olly Norojono.

According to him, the works on the 1st tranche are ongoing and the 2nd they are conducting negotiations on the 2nd tranche: “We are expecting the feedback of Azerbaijani government on the 2nd tranche. I think, we have have practice from the 1st tranche and we want the 2nd tranche to be done faster than first. We have submitted our proposals to Azerbaijani government and are waiting their feedback”.
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THE OPERATION IS BEING PERFORMED