Azerbaijan to rebuild roads

The European Bank for Reconstruction and Development (EBRD) is providing Azerbaijan with some US$750 million for road repairs.
March 16, 2012 Read time: 1 min
The 1166 European Bank for Reconstruction and Development (EBRD) is providing Azerbaijan with some US$750 million for road repairs. The EBRD loan will be delivered in three equal tranches to Azerbaijan. A key link due to be rebuilt will the 156km road from Mingachevir - Bakhramtapa.

For more information on companies in this article

Related Content

  • Pre-qualifying call for Bosnia’s Prenj Tunnel
    July 16, 2022
    The 10.5km-long tunnel on the Bijaca-Svilaj motorway will likely cost around €400 million.
    Read More
  • EBRD continues supporting infrastructure investment
    January 21, 2014
    The European Bank for Reconstruction and Development (EBRD) says it has provided strong support to emerging economies in 2013. Much of this investment has been into transportation infrastructure, which the EBRD sees as being crucial for development and to help emerge economies into growth. Total investments for the year across all of the regions where the EBRD is active amounted to €8.5 billion, according to preliminary estimates, compared with financing of €8.9 billion the previous year. These investments
    Read More
  • Azerbaijan invests in road infrastructure
    October 6, 2014
    Azerbaijan will see a major investment in its road infrastructure. The Asian Development Bank (ADB) is supplying funding worth US$350 million that will be targeted at road construction in Azerbaijan. The funding will be for the 2015-2017 period. Meanwhile a further $752 million from the ADB will be used to develop other aspects of infrastructure in Azerbaijan such as general transportation and utilities over the same period.
    Read More
  • Bosnia motorway rebuilding work; funding secured
    October 7, 2019
    Funding has been secured to carry out motorway construction and road rebuilding work in the Bosnian autonomous entity Republika Srpska. The European Bank for Reconstruction and Development (EBRD) will provide €351 million to build new motorway connections and improve existing roads in the territory. Of this funding package, €150 million will be used for the Corridor 5 project.
    Read More

Highlighted Content