Azerbaijan Vice-Premier: Azerbaijan Determined Approximate Amount of Investments to Reconstruct Water Supply and Collection Systems
Abid Sharifov, Azerbaijan Vice-Premier, exclusively informed Trend that the reconstruction of the Azerbaijan water supply and collection system will require more than $800-900 mln.
According to him, the Azerbaijan Government has already determined the source of financing to carry out repair and reconstruction work all around the country. To date, the agreements on financing have been signed only on 7 districts, including that which was signed with German KfW on improving the water supply and collection systems in Ganja and Shaki towns of Azerbaijan. According to Mr. Sharifov, presently, the Azerbaijan party hold negotiations on 10 regions with JBIC (Japan Bank for International Cooperation), 29 regions вЂ" with WB, 10 districts вЂ" with ADB (Asian Development Bank), and 5 districts вЂ" with IDB (Islamic Development Bank). Each region requires $18-20 mln.