JBIC to Assess Water Supply and Sewerage System Project in Azerbaijan
Azerbaijan, Baku /corr. Trend I.Khalilova / The Japanese Bank for International Cooperation (JBIC) plans to send its next mission to Azerbaijan with regards to the water supply and sewerage system improvement project in Azerbaijan in August, a Government source stated.
The preliminary assessment was implemented taking into consideration the reconstruction of the water supply system and now the project includes the sewerage system as well. In addition, the number of the districts included in the project increased from six to ten. Accordingly, the cost of the project increased and now oscillates between $300 and $400mln. The amount of the finances covered by the JBIC is still a topic of discussion. Initially, the Government asked JBIC to provide $160mln for the project, but the amount of financing is expected to increase.
Within the framework of a pilot project, the Tokyo Engineering/ASPI company has developed a preliminary feasibility study for six districts, namely Salyan, Neftchala, Guba, Khachmaz, Khizi, and Siyazan. As a result, the project is estimated at $300mln. The number of districts will be expanded for the duration of the general project. It is proposed to include Shamakhi and Barda on the list, which had previously been proposed for the World Bank's water project.
The implementation of the project will begin in October 2008.