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ADB assesses road and power projects in Azerbaijan

Business Materials 13 September 2011 11:32
Today, Transport and Power Missions of Asia Development Bank (ADB) are coming to Azerbaijan, the ADB Baku Office reported. Both missions will last from September 13 to 22 2011.
ADB  assesses road and power projects in Azerbaijan

Azerbaijan, Baku, Sept. 13 / Trend N.Ismayilova /

Today, Transport and Power Missions of Asia Development Bank (ADB) are coming to Azerbaijan, the ADB Baku Office reported. Both missions will last from September 13 to 22 2011.

Transport Mission led by Reddy Bathula, Senior Transport Specialist at ADB, visits Azerbaijan to review the overall status of Gazakh-Georgian border road, completed in 2010.

The Mission will review this project from the perspective of ADB's policies, processes and standards of completion for each component. The Mission will also assess the current state of the ongoing ADB-funded Masalli-Astara road project. During stay in Azerbaijan, the Transport Mission will meet with Azerbaijani government officials, representatives of the Ministry of Transport, Ministry of Finance, "Azeryolservis" JSC, project executing agencies, and contractors.

The second mission- Power Mission, led by Mr. Tianhua Luo, Senior Energy Specialist at ADB, is coming to Azerbaijan to review ADB funded projects in power sector.

The Mission will mainly review Power Transmission Enhancement Project, which supposes construction of new power lines from Mingachevir to Baku. The Mission will identify main issues affecting the project implementation, agree on actions to ensure timely completion of project, and discuss further steps on preparation of Power Distribution Investment Program.

The Power Mission will meet with representatives of the Ministry of Finance, "Azerenerji", other government agencies and international partners.

ADB was established in 1966 under the Agreement Establishing the Asian Development Bank (Charter), which is binding upon the member countries that are its shareholders. As of 31 December 2010, ADB had 67 members, of which 48 were drawn from Asia and the Pacific region.

ADB is headquartered in Manila, Philippines and has offices worldwide including representative offices in North America (Washington, DC), Europe (Frankfurt), and Japan (Tokyo).

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