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Regional director of KFW due

Business Materials 28 November 2005 18:07 (UTC +04:00)

The regional director of the German Bank for Development KfW, Christian .Kalov, arrived in Baku on Monday, the Baku Office of KfW, told Trend, РїСЂРѕРґР"РёС'СЃСЏ РґРѕ 2 декабря.

The key objective of the visit to last by 32 December is to discuss with Azersu joint-stock company issues linked with the project on water supply of Ganja and Shaki cities, with total budget of 80-100m euros. It is also planned to mull issues of cooperation, as well as to meet with the representatives of the international organizations active in the country," the same source said.

Previously, Kalov visited the on 12-16 September with the same objective.

The budget of the first phase of the project calculated for 3.5-4 years, was accorded as 54m euros, with 37 million euros to be approved by KfW, 10 m by the Swiss State Secretariat of Economic Relationships (SECO), while 7m вЂ" by the Azerbaijani government.

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