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Azerbaijani State Securities Committee announces tender as part of WB project

Business Materials 18 April 2014 17:41 (UTC +04:00)

Baku, Azerbaijan, April 18
By Emin Aliyev - Trend:

The Azerbaijani State Securities Committee has announced a tender for the development and deployment of information systems of the capital markets, the tender commission said on April 18.

The tender participation fee is $ 100. The work as part of the contract with the winner will be financed as part of the 'Modernization of Capital Markets' joint project with the WB through a loan from the International Bank for Reconstruction and Development (IBRD).

The tender bids will be received at the State Committee not later than 15:00 on June 17 this year.

The bids will be opened at 15:15 on June 17.

for more information:

contact person: Kenul Veliyeva;

address: 19, Bul-Bul prospect, Baku;

telephone: +99412 493 5058 +99412 493 5058 (ext. 335);

fax: +99412 493 4188;

e-mail: [email protected]

The World Bank delivered a loan worth $12 million at a total project cost of $15.8 million to Azerbaijan to implement the capital market modernization project.

The Swiss State Secretariat for Economic Affairs (SECO) has approved technical assistance amounting to $1.6 million for the two components within the capital market development project in Azerbaijan. This relates to improvement of the legal framework and development of new financial instruments of stimulating the market supply.

translated by NH
edited by CN

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