Azerbaijan, Baku, Oct .8 / Trend E. Ismayilov, A. Akhundov /
The Korean Ultra Construction & Engineering company plans to complete the work within the construction project of a highway Yevlakh-Ganja (two additional lanes) and Ganja bypass road by late 2011, a source in the Azerbaijani Ministry of Transport said.
He said that the work is implemented within the loan allocated by South Korean bank "Shinhan" to the amount of $ 180 million.
Hyun-Jung Kang, executive director of Korean Ultra Construction & Engineering Company, said in Baku that over 56 percent of the work has been completed.
He said that the company uses three crusher plants, two asphalt plants. Roughly 350 units of equipment are used in the construction of a road.
A credit agreement was ratified with a Korean bank by the Parliament in 2007.