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

  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
  • Road and bridge upgrades improving transport in Nepal
    November 1, 2019
    New road and bridge upgrades are being introduced in Nepal that will help improve transport and develop the country’s economy.
  • Europe-Asia road link
    February 9, 2017
    The governments of China, Kazakhstan, Belarus and Russia have finally approved a project for the building of a new transcontinental road, which will connect Asia and Europe. The new route is much-needed and will speed the transportation of cargo between the two continents, according to Maxim Sokolov, Russia’s Minister of Transport. The idea for the building of the road was first proposed by the European Commission around 2005. It was prompted by the ever growing volume of trade between the EU and Chin
  • Papua New Guinea mends its bridges
    February 28, 2022
    Under the latest tranche of the Sustainable Highlands Highway Investment Programme, 45 of the estimated 71 bridges will be completely replaced.