Bank Of Baku

Minister Ziya Mamedov: Azerbaijan postponed several transportation projects due to the global financial crisis

Minister Ziya Mamedov: Azerbaijan postponed several transportation projects due to the global financial crisis
# 23 February 2009 13:53 (UTC +04:00)
Baku. Elbrus Seyfullaev - APA. In connection with the global financial crisis, Azerbaijan delayed a number of projects that had been planned for implementation in the transport, the Minister of Transport Ziya Mammadov.
According to Zhim, projects related to the reconstruction of some overpasses, the local roads and rural roads were postponed indefinitely.
In addition, the Minister stressed that there was no delay in the implementation of North-South International Transport Corridor Project.
According to him, the Government of Azerbaijan supported this project and will construct the 8km section in its territory after the Iranian side completes the construction of the Rasht-Astara railroad section.
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