TODAY.AZ / Business

BNP Paribas intends to allocate credit for road infrastructure

06 July 2006 [01:35] - TODAY.AZ
BNP Paribas Bank of France intends to join investment projects concerning improvement of infrastructure in Azerbaijan.

The bank conducts negotiations with Azerbaijani government on this intention.

A source in the Azerbaijani government told APA that the Bank takes special interest in reconstruction of the road in Azerbaijani-Georgian border and ready to allocate US$220mn to this project.

The sides are negotiating on the conditions and period of the credit.


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