ID :
68079
Sun, 06/28/2009 - 15:49
Auther :
Shortlink :
https://www.oananews.org//node/68079
The shortlink copeid
WB APPROVES $183M LOAN TO AZERBAIJAN ON ROAD REHABILITATION
Baku, June 28 (AzerTAc). The World Bank has approved a US$ 62 million equivalent International Development Association (IDA) Credit and a US$ 113 million International Bank for Reconstruction and Development (IBRD) loan to the Republic of Azerbaijan as additional financing for the Second Highway Project.
The funding will be used to rehabilitate the Hajigabul - Bahramtepe road connecting an important agricultural region in the South West of Azerbaijan with the main urban centers.
The loan will also include $8 million for preparation and implementation of investment projects in leading sectors of Azerbaijan.
The funding will be used to rehabilitate the Hajigabul - Bahramtepe road connecting an important agricultural region in the South West of Azerbaijan with the main urban centers.
The loan will also include $8 million for preparation and implementation of investment projects in leading sectors of Azerbaijan.
