New network development for Azerbaijan

Major road development is underway in Azerbaijan at present, with network expansion needed to help capitalise on the country’s strong extraction industry. The country’s Ministry of Transport has said that 225km of roads have been built in the first half of 2012. This construction work has required investments of close to US$901 million.
September 3, 2012 Read time: 1 min
Major road development is underway in Azerbaijan at present, with network expansion needed to help capitalise on the country’s strong extraction industry. The country’s Ministry of Transport has said that 225km of roads have been built in the first half of 2012. This construction work has required investments of close to US$901 million. Further investment is planned during the second half of 2012 as the Ministry of Transport continues to develop the road network and boost connectivity for transport and to the country’s major resource projects.

Related Content

  • Ethiopia road development programme
    February 18, 2025
    Ethiopian road development programme being announced
    Read More
  • Paraguay road development plan
    August 12, 2020
    A Paraguayan road loan will pay for a development plan.
    Read More
  • A new tunnel project for Turkey is a significant move
    December 12, 2012
    The European Bank for Reconstruction and Development (EBRD) is supplying a finance package worth US$150 million for the new Bosphorus crossing project in Turkey. Running under the Bosphorus at Istanbul, the new tunnel will connect both European and Asian sides of the city. The EBRD’s $150 million loan completes $1.4 billion worth of financing required for the Eurasia Tunnel project, being built under the Bosphorus straits. Other components of the $1.4 billion financing package for this PPP project include a
    Read More
  • Chinese firm wins highways expansion project to decongest Nairobi
    January 5, 2017
    A Chinese contractor is carrying out a major road project intended to cut congestion in Kenyan capital Nairobi – Shem Oirere writes Chinese contractor China Wu Yi has won a US$163 million contract for the reconstruction and expansion of a 25km highway leading out of Kenya’s capital Nairobi with financing from the World Bank. The contract was awarded by the country’s National Highways Authority (KeNHA), a state-owned road agency responsible for the management, development, rehabilitation and maintenance of i
    Read More

Highlighted Content