Bank Of Baku

Azerbaijan allocates €409,000 for construction of a bridge in Sarajevo

Azerbaijan allocates €409,000 for construction of a bridge in Sarajevo
# 06 January 2012 12:34 (UTC +04:00)
Baku. Ali Ahmadov – APA-Economics. Azerbaijani government has allocated 408,564 Euros (nearly $522,000) for construction of “Friendship Bridge” across the Dobrinja River in Sarajevo (Bosnia and Herzegovina). The Cabinet of Ministers has issued a decree in this regard.

Under the Decree, the Cabinet’s Reserve Fund of State Budget 2011 allocated 408,564 euro to the MFA for the purpose.

For fast work the MFA received the right to draw designers and building contractors through direct contract awarding. The Ministry of Finance will undertake the financing procedure.
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