Baku - APA-Economics. Asian Development Bank plans to allocate $100 mln for realization of Baku-Sumgayit Commuter Rail Service Project.
According to bank, the project costs $150 mln. Of this, $100 mln wil be attracted from ADB as a loan, $50 mln will be allocated by Azerbaijani government.
ADB Board of Directors will consider the issue on November 20, 2015.
Length of the Baku-Sumgayit railway will make 28 km.