Azerbaijan's revenues from oil contracts to comprise around $140bn Azeri president

Politics Materials 23 June 2006 14:50 (UTC +04:00)

According to estimation by the international organizations, Azerbaijan will obtain $140bn for the realization of oil contracts, Azerbaijani President Ilham Aliyev stated, Trendreports.

There are concrete programs and action plans to resolve the existing problems in Azerbaijan, the Azerbaijani President stated. At present the construction of 6 power stations is under way in Azerbaijan, while the construction of a new water pipeline and reconstruction of existing gas pipeline lines, main and regional roads and relevant infrastructure have been already set up. Over a year 300 schools and many medical institutes in Azerbaijan will be built in Azerbaijan.

The President noted that over three years around 400,000 jobs have been opened in Azerbaijan.