ID :
124754
Fri, 05/28/2010 - 15:39
Auther :
Shortlink :
http://m.oananews.org//node/124754
The shortlink copeid
WB APPROVES 3rd AZERBAIJAN HIGHWAY PROJECT
Baku, May 28 (AzerTAc). The World Bank’s Board of Executive Directors has approved the 3rd Highway Project on Azerbaijan, which amounts to a total of $356.15 million.
The WB approved $241.6 million for the project, of which $171.6 million will be provided by the International Bank for Reconstruction & Development and $70 million by the International Development Association. The rest of the funds will be covered by the Azerbaijani government.
The project envisages the expansion of the Baku-Shamakhi highway.
The WB approved $241.6 million for the project, of which $171.6 million will be provided by the International Bank for Reconstruction & Development and $70 million by the International Development Association. The rest of the funds will be covered by the Azerbaijani government.
The project envisages the expansion of the Baku-Shamakhi highway.