Azerbaijani Government expects Feasibility Study from Japanese Consultant on Construction of Garbage Reprocessing Plant
In mid-November 2006 the Japanese EBARA, a consultant on the project on construction of a garbage reprocessing plant, plans to present to the Government of Azerbaijan a feasibility study of the project. The Cabinet of Ministers informed Trend that the final variant of the feasibility study will be developed by the end of 2006.
A technical mission of Japan's EBARA visited Baku in October to discuss issues within a technical and economic project on construction of a garbage reprocessing plant in the country with the Government of Azerbaijan. They held negotiations with the corresponding bodies and departments of the country
An interdepartmental working group representing by specialists of Azerbaijan`s Ecology and Natural Resources Ministry, Economic Development Ministry, Baku City Executive Power has prepared a requirements specifications to work out the feasibility study of the project.
The government plans to implement the project in 2007 and plan to borrow $150m from the foreign sources.
The value of the project is preliminarily estimated at в'¬350 m. в'¬50 m. are expected to be granted by EBRD. The Government is about to attract $150 m. on the solid wastes plant's construction from foreign borrowings. That was reflected in the limit on foreign credits against a security of the Government.
The Government thinks that the feasibility study should include several alternatives with specifying the economic expediency of the construction of one plant with a big capacity, or several plants with a lesser capacity in different areas of Baku. They are likely to be located in Balakhani, Surakhani, Garadagh District, or near the highway between Baku and Sumgayit