Over the first week of June 2006 the Transport Ministers of Azerbaijan, Turkey and Georgia will meet to discuss the ways for further impanation of the Baku-Tbilisi-Akhalkalaki project, Turan Moraly, the Turkish Ambassador to Azerbaijan, told Trend in an exclusive interview.
The meeting to be held in Baku will take resolution on establishment of a joint v\company or consortium on construction. Moreover, the participation share of the countries in the project will also be defined, the Ambassador said adding that feasibility study of the project has been developed.
Upon taking a resolution on the commencement of the construction of the road, there should be achieved an agreement on the model of financing the construction.
In this stage Ankara will appeal to one of the international financial organizations.
The Baku-Tbilisi-Akhalkalaki project stipulates the rehabilitation of the exiting railway, as well as the construction of new railway section.