Baku, Azerbaijan, Jan. 26
By Emil Ismayilov - Trend:
Lower oil prices and the processes taking place in the world delay the realization of the cost-based transport projects in Azerbaijan, the Transport Minister of Azerbaijan Ziya Mammadov told reporters Jan. 26.
The minister said that among such projects there is a project for the development of high-speed railway traffic.
He noted that the mentioned project is "unripe" and demands to be developed, but there is a desire to realize it.
"There is a desire, but a large amount of funds is needed for its realization," the minister said. "But, as you know, the fall in world oil prices and the processes going on in the world, of course, delay a little the implementation of such projects."
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