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

  • Transport the key to economic growth
    July 12, 2012
    Delegates from around the world discussed the future of global transport at the 2009 International Transport Forum in Leipzig, Germany In the face of the global economic downturn, transport will play a key role in supporting economic growth and in the creation of new confidence in the world's economic future, the delegates of the 2009 International Transport Forum (ITF) agreed. As almost all global threats have strong, central links and impacts, the transport sector will remain at the forefront of most glob
    Read More
  • India’s massive demand for construction machines
    June 17, 2016
    India is the new focus for the world construction industry market. In 2015 there was a change in perspective in Asia, with demand for machines in China dropping in terms of construction growth. India posted growth of 5.3% during 2015, while China achieved growth of 4%. This change at the top has been confirmed by the SaMoTer-Verona Outlook. This is a construction sector observatory group set up in partnership with Prometeia, the international economic consulting and research firm, with the support of Una
    Read More
  • Bitumen technology: from potholes to PMB plants
    November 21, 2014
    This month we look at how warm mix is helping to pave dirt roads, a new way to tackle potholes, and bring news of a new distribution centre for the UK - Kristina Smith reports The creation of a new mix design, incorporating MWV’s warm mix additive Evotherm, is providing cost-effective solutions for dirt roads in the US’s Charleston County. The first stretch to be paved with the new porous paving in April this year, Joseph White Road in the town of Adams Run, resulted in the estimated US$1.1 million construc
    Read More
  • US$19.4 billion for Thailand’s transport development
    February 15, 2024
    A US$19.4 billion plan is being set for Thailand’s transport development programme.
    Read More

Highlighted Content