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Azerbaijani Government and WB Set Up Talks on Water Project

Business Materials 19 April 2007 18:58 (UTC +04:00)

Azerbaijan, Baku / corr Trend I.Khalilova / The Azerbaijan government and the World Bank have set up official talks on improving the water supply and sewerage system of small cities of Azerbaijan. The Baku office of the World Bank reported that talks commenced in Baku on 18 April and will continue to 20 April.

Andreas Rode, head of the group of projects is holding talks on behalf of the WB and Azersu Water Company is representing the Azerbaijani Government.

The project includes twenty districts of Azerbaijan and the feasibility study will cover over ten districts, including Agdam, Bilasuvar, Geranboy, Guba, Khachmaz, Zakatala, which have already begun. The WB will allocate $230mln for the restoration of the water and sewerage systems, and $115mln will be allocated for ten districts in the first stage.

According to the WB Strategy of Partnership with the Government of Azerbaijan (2007-2010), the project's credit is expected to be approved for the 2007 fiscal year. In 2007-2010, $200mln more will be spent on the development of the national water supply and sewerage system of Azerbaijan.

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