JBIC Intend to Assess Water Supply and Sewage System in Ten Regions of Azerbaijan
Azerbaijan, Baku / Trend corr. I.Khalilova /The Japanese Bank of International Cooperation (JBIC) is planning to send a mission to Azerbaijan in September to assess the water supply and sewage system, the Cabinet of Ministers reported.
Initially they only planned to assess the water supply, but now the issue concerning the sewage system is also included in the project. Furthermore, the number of regions included in the project will also be increased and the cost of the project will be increased from $300mln to $400mln.
The amount which will be allocated by JBIC is being discussed. Initially the Government requested about $160mln from JBIC and the Cabinet of Ministers reported that borrowings from the Japanese company would not exceed $180mln.
A preliminary feasibility study on six regions; Salyan, Ali Bayramli, Nefchala, Barda, Khachmaz and Shamakha, was prepared by the consortium Tokyo Engineering/ASPI. Another consultant will be elected for complete assessment of the project, Azersu reported.
There are plans to begin construction work at the beginning of October 2008. The project will be affirmed by the Council of Directors of the Japanese Bank at the beginning of 2008.