DELEGATION OF EXECUTIVE DIRECTORS OF ASIAN BANK OF DEVELOPMENT PLANS TO VISIT AZERBAIJAN
Members of the Asian Development Bank's Board of Directors will visit Azerbaijan from 10-14 September 2005. The goal of the visit is to enable participating ADB Directors to better understand the development issues and challenges facing Azerbaijan, coordinate with key donors, and enhance ADBвЂ™s profile in the country, the ADB Baku office told Trend.
The ADB Board group will meet with the President, Prime Minister, senior ministers, donors, and representatives from the private sector, NGOs and other stakeholders.
The group will also visit the regions, visit the sites of ADB-financed projects, and talk first-hand with beneficiaries.
The Asian Development Bank is dedicated to reducing poverty in the Asian and Pacific region through pro-poor sustainable economic growth, social development, and good governance. Azerbaijan joined ADB in 1999.
ADB has approved two projects for US$22 million and US$30 million - for flood mitigation and improved water supply and sanitation services in regional towns, respectively. In addition, technical assistance grants totaling US$8.8 million were approved.
Proposed projects will address micro and rural finance, rehabilitation of the East-West road corridor, early childhood development, and social infrastructure for regional towns.