ID :
84500
Wed, 10/14/2009 - 16:58
Auther :
Shortlink :
http://m.oananews.org//node/84500
The shortlink copeid
CZECH `S “EXFORD” BANK LOANS € 215 MLN TO DEVELOP RAILWAYS IN AZERBAIJAN
Baku, October 14 (AzerTAc). Czech`s Exford Bank will loan € 215 mln to develop railways in Azerbaijan, Chairman of “Azerbaijani Railways” JSC Arif Asgarov said.
Executive order signed by President of Azerbaijan Ilham Aliyev, from July 20, 2009 on creation of Azerbaijani Railways JSC was aimed to bring the country`s railways to the international standards, Mr. Asgarov said.
The executive order will promote to create a legal basis and improve infrastructure in rail transport. A new state program covering the period 2009-2013, will modernize the railways area, Chairman added.
Executive order signed by President of Azerbaijan Ilham Aliyev, from July 20, 2009 on creation of Azerbaijani Railways JSC was aimed to bring the country`s railways to the international standards, Mr. Asgarov said.
The executive order will promote to create a legal basis and improve infrastructure in rail transport. A new state program covering the period 2009-2013, will modernize the railways area, Chairman added.
