Skip to main content

Azerbaijan invests in road infrastructure

Azerbaijan will see a major investment in its road infrastructure. The Asian Development Bank (ADB) is supplying funding worth US$350 million that will be targeted at road construction in Azerbaijan. The funding will be for the 2015-2017 period. 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.
October 6, 2014 Read time: 1 min
Azerbaijan will see a major investment in its road infrastructure. The 943 Asian Development Bank (ADB) is supplying funding worth US$350 million that will be targeted at road construction in Azerbaijan. The funding will be for the 2015-2017 period. 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.

For more information on companies in this article

Related Content

  • Kazakhstan to see road rebuilds
    February 29, 2012
    Funding worth US$800 million is being provided by the Asian Development Bank (ADB) to help rebuild and upgrade Kazakhstan's road network.
  • New road projects planned for Odisha, India
    February 10, 2014
    The Asian Development Bank (ADB) intends to supply financial assistance worth US$154.8 million for 484 new road projects in the state of Odisha, India. The routes will extend for a total of 1,790.4km, targeting 14 districts affected by tropical cyclone Phailin in late 2013 and which suffered flooding. The state had previously requested funding from the central government to improve 3,076,62km of roads.
  • Vietnam's road improvements
    March 2, 2012
    The Asian Development Bank (ADB) is providing funding worth a total of US$210 million to the Vietnamese Government for infrastructure improvements.
  • 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