Skip to main content

Azerbaijan highway project receiving funding

A major highway upgrade project in Azerbaijan is receiving fuding from the World Bank. Under the terms of the deal the World Bank has approved financing worth US$140 million for the widening of the Baku-Shamakhi highway. The highway will be widened to four lanes, increasing capacity.
April 5, 2016 Read time: 1 min
A major highway upgrade project in Azerbaijan is receiving fuding from the World Bank. Under the terms of the deal the World Bank has approved financing worth US$140 million for the widening of the Baku-Shamakhi highway. The highway will be widened to four lanes, increasing capacity.

Related Content

  • Azerbaijan highway investment
    April 7, 2014
    The Asian Development Bank (ADB) is set to transfer the US$ 150 million second tranche of a loan for construction of Masally-Shorsulu highway in Azerbaijan. The first $250 million ADB loan tranche has already been sent, with the overall project cost set to reach $625 million. Azerbaijan will get a $100 million third ADB loan tranche in 2016, taking the Bank’s total loan investment in the new highway to $500 million.
  • Central Asia’s need for improved transport infrastructure
    October 5, 2018
    Central Asia has a need for improved transport infrastructure to help develop economies - Gordon Feller reports
  • Bolivia dual carriageway project stalled
    September 12, 2016
    Work remains at a halt on the 70km dual carriageway upgrade connecting Yapacani with Montero in Bolivia’s Santa Cruz department. A disagreement between the Mexican construction company that was building the link, Tradeco, and Bolivia’s road administration department, ABC, resulted in the contract being cancelled. The route, Highway 4, runs from Yapacani through Santa Fe, San Carlo and Portachuelo to Montero and the project was intended to improve the road and boost its capacity by increasing the number of l
  • Nepal bridge building receiving funding
    June 4, 2018
    Financing from the World Bank will help pay for bridge building work in Nepal. The road from Muglin to Narayanghat is being widened currently, which will see the route featuring a lane in either direction, rather than the single lane that carries all traffic at present. This will boost its capacity and reduce delays to drivers on the route, which carries around 20,000 vehicles/day. Improving the 36km, north-south route however requires the construction of 18 new bridges. Much of the route is already surface