Skip to main content

Azerbaijan’s minister of transport Ziya Mamedov eyes 2017 date

Azerbaijan’s minister of transport, Ziya Mamedov, said construction and renovation of all trunk roads of international importance will be completed by 2017. Around US$2.86 billion (€2.25 billion) will be needed for development of Azerbaijan's transport sector in 2015 as a part of a state investment programme, he said. World Highways reported earlier this month that the Asian Development Bank (ADB) is supplying $350 million for road construction in the country for work between 2015 and 2017. Meanwhi
October 22, 2014 Read time: 1 min
Azerbaijan’s minister of transport, Ziya Mamedov, said construction and renovation of all trunk roads of international importance will be completed by 2017.

Around US$2.86 billion (€2.25 billion) will be needed for development of Azerbaijan's transport sector in 2015 as a part of a state investment programme, he said.

3260 World Highways reported earlier this month that the 943 Asian Development Bank (ADB) is supplying $350 million for road construction in the country for work between 2015 and 2017.

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.

Reconstruction of all Azerbaijan’s highways -- around 20,000km -- will cost around $38 billion and take up to 15 years, the ministry said in 2012.

For more information on companies in this article

Related Content

  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
  • Pakistan SIFC eyes Azerbaijan investment
    February 28, 2025
    Pakistan’s Special Investment Facilitation Council (SIFC) is in talks with Azerbaijan with a focus on motorway investment into Pakisatan.
  • Brazilian road spend dips slightly for 2015
    July 9, 2015
    Brazil will spend at least US$1.63 billion in privately operated federal road infrastructure projects in 2015. This is down slightly, from $1.82 billion spent in 2014, according to estimates by the land transport agency NTT. Work this year includes a stretch of the BR-050 motorway operated by MGO, which already has seen around $104 million. Road operator Concer, which administers sections of the BR-060, BR-153 and BR-262, invested nearly $88 million between 2014 and the first quarter of 2015. Arter
  • Azerbaijan’s road development programme
    April 27, 2020
    Azerbaijan’s road development programme is expanding the network.