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

  • Montenegro on the ropes over China deal
    April 13, 2021
    The first 41km of highway cost €20 million per kilometre - one of the most expensive highways in the world.
    Read More
  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas
    Read More
  • Mississippi road rebuild contract for Michael Baker
    March 6, 2018
    Michael Baker International has established a partnership with the Mississippi Department of Transportation (MDOT) to rebuilt a 13km stretch of US Route 49 in the Jackson area. The firm won the US$19.3 million Construction Engineering and Inspection (CE&I) contract in late 2017. Under the terms of the deal, the firm will prioritise safety, communication and efficiency to complete the project.
    Read More
  • New road infrastructure for Tajikistan and Kazakhstan
    October 8, 2013
    Tajikistan and Kazakhstan are both investing in transport infrastructure, with an array of new projects planned. In Tajikistan the Ministry of Finance is budgeting a healthy US$1.6 billion for transportation projects in the period from 2013-2014. These include construction and reconstruction of roads, highway and railway bridges, and tunnels. Further details will be available in due course as to the roads and highways being built. Meanwhile a loan from the Asian Development Bank to Kazakhstan will help
    Read More

Highlighted Content