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Azerbaijani gov’t, WB continue talks under road project

Business Materials 29 January 2010 12:35 (UTC +04:00)

Azerbaijan, Baku, Jan. 29 / Trend /

The Azerbaijani government and the World Bank are continuing work to finance a project to expand the Baku-Shamakhi Highway, the ministry's AzerYolServis said.

Under the projects, a report on environmental impact has been designed.

The highway's length is 124 kilometes. Construction of the road will cost $90.11million. Some $72.09 million will be paid by the WB and $18.02 million will be invested by Azerbaijan.

The Transport Ministry has made new calculations in connection with increasing the project value and creating an extra two lanes on the highway.

Baku-Shamakha-Mugan will connect Baku with the country's western regions.

The project's main goal is to cut transport expenditures, increase access, transit and security to Azerbaijani East-West corridor.

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