Azerbaijan invites bids for reconstruction of Baku-Shamakhi road

The Azerbaijan state infrastructure agency Azeravtoyol has announced a tender for reconstruction of the Baku-Shamakhi-Muganli road. The project includes expansion of the highway to four lanes on many sections of the rouad that goes through northern mountainous terrain. The World Bank and Azeravtoyol recently signed an agreement for the bank to fund the work up to US$140 million. Work is expected to take a year.
April 18, 2016 Read time: 1 min
The Azerbaijan state infrastructure agency Azeravtoyol has announced a tender for reconstruction of the Baku-Shamakhi-Muganli road.

The project includes expansion of the highway to four lanes on many sections of the rouad that goes through northern mountainous terrain.

The World Bank and Azeravtoyol recently signed an agreement for the bank to fund the work up to US$140 million.

Work is expected to take a year.
Finance & Funding

Related Content

  • Australian projects underway
    May 28, 2012
    The consortium building Australia's new Northern Link tollway expects the project to require four years to complete. The US$1.41 billion (A$1.5 billion) project is being carried out by a consortium led by Spanish contrator Acciona, with construction due to commence at the end of this year. The work is being part funded by a $745 million loan from the State Government for the area and will also receive $532 million of funding from the Federal Government.
    Read More
  • Azerbaijan loan for Belgrade-South Adriatic motorway
    May 2, 2012
    The President of Azerbaijan, Ilham Alijev, has reportedly approved an agreement that will see Serbia receive US$407.75million for the construction of a section of the Belgrade to South Adriatic motorway. The loan for the motorway section between Ljig and Preljina will be repayable over a 15 year period, with a grace period of three years and a fixed interest rate of 4%. The construction project, which will include five tunnels and over 60 bridges, will be carried out by the Azerbaijan-based company Azvirt
    Read More
  • Bosnia cancels a tender for Corridor 5C, part of European route E73
    March 13, 2017
    Bosnia is cancelling a tender for part of its Corridor 5C project, an integral part of the class-A north-south central European route E73. Route E73 runs around 700km from Hungary south through eastern Croatia to Bosnia and Herzegovina and the Adriatic Sea in the area of Ploče port. The longest part of this corridor goes through Bosnia and Herzegovina – nearly 340km. Director of the Bosnian motorways company Autoput FBiH, Adnan Terzic, confirmed the cancelled tender to the Bosnian daily newspaper Dnev
    Read More
  • US$683 million Bangladesh highway upgrade
    September 9, 2024
    US$683 million is being targeted for a key Bangladesh highway upgrade project.
    Read More

Highlighted Content