...

Islamic Development Bank may Finance Telecommunication Projects in Azerbaijan

ICT Materials 9 November 2006 17:46 (UTC +04:00)

Azerbaijan offered sectors to invest in for the Islamic Development Bank (IDB), such as the information and telecommunication technologies, transport and construction sectors, Trend reports.

For the period of the last 11 years, $24 bln foreign investments have been attracted into Azerbaijan, and it is expected to attract $10 bln more till the end of the year. Presently the Islamic Development Bank has presented $140 mln in credit to Azerbaijan.

Within the investments into the transport sector, the Bank may invest into the reconstruction of the auto roads in the west, north and south directions of Azerbaijan.

Latest

Latest