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MED TO PRESENT A LIST OF INFRASTRUCTURE PROJECTS TO BE IMPLEMENTED AT EXPENSE OF STATE INVESTMENTS

Business Materials 31 August 2005 15:45 (UTC +04:00)

By 1 September the Ministry of Economic Development (MED) will present a list of infrastructure projects to be implemented at the expense of the public budget. “The draft list is ready,” Farhad Aliyev, the Minister of Economic development, told Trend.

“All projects indicated in the list are of infrastructure character and directed to the rehabilitation and the establishment of the sphere. We plan to allocate approximately $160 million for the purposes at the expense of the public budget in 2006,” the Minister noted.

The Ministry is charged in submission of important infrastructure projects to the Azerbaijani President, which is envisaged to be implemented within the investment programs for 2006 and next three years.

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