...

Competition to Define Consultant on Reconstruction of Kurdamir-Ujar Announced

Business Materials 10 November 2007 13:46 (UTC +04:00)

Azerbaijan, Baku / Trend S.Aliyev / The Azerbaijan Government and the International Bank for Reconstruction and Development (IBRD) announced a competition to define a consultation company on technical control over implementation of the project on reconstruction of the first and second sections of the Kurdamir-Ujar automobile route. The deadline for bids is 10 December.

A winning company is to carry out control over the reconstruction of the 42km-section of the road over 18 months. Work here will be set up no later than February 2008.

The winner is committed to control over timely implementation of the project, providing the quality of implementation, in line with the ecological standards, conduct of courses for Azeryolservis on environment. The company will be selected within the framework of the Azerbaijani Highways 2 project.

The Kurdamir-Ujar automobile road is 46,2 km in length. Earlier, the project had been estimated at $18.3 mln, but it became more expensive due to the price increase for the construction materials. 

The length of the Kurdamir-Ujar high-way reaches 46.2 km. The project on building of a dual highway was previously estimated at $18.3 mln., however it has become more expensive due to the rise on prices construction materials. Moreover, the decision to turn it into dual-dual highway has been recently taken.

The Azerbaijani Government has requested the World Bank (WB) to grant $70 mln. for the construction of this section of the highway. WB has already granted $35 mln. The rest will be presented to Azerbaijan later.

WB has agreed to grant the funds by two tranches. It is preliminarily proposed to build a dual highway, since it has been projected and designed yet, and then, as a feasibility study on the project goes on, the remaining funds will be granted for the construction of another dual high-way. The Azerbaijani Government has proposed WB to finance the given section of the highway after the Kuwaiti Economic Development Fund repudiated to sponsor it. Though the decision on granting a credit had already made, but, due to some disagreements and controversies with the terms of the project, the negotiations were interrupted.

The amount of the credit to be granted by the Kuwaiti Fund was 4.2 mln. Kuwaiti Dinars (about $14.4 mln). The financing of the rest part of the project was to be taken by the Government of the Country. However, due to the funds to be granted by WB, it plans to cover all its expenditures on the construction.

The feasibility study of the project of the highway - Kurdamir-Ujar prepared as far back as in 1999 at the expense of a grant presented by the Kuwaiti Fund.

Latest

Latest