TODAY.AZ / Business

Over $1 bln to be invested to Azerbaijan's sewerage system

26 July 2008 [13:15] - TODAY.AZ
The World Bank is ready to allocate $1.2 bln to Azerbaijan.
creditors, reports rb.ru with reference to Reuters.
The funds will be used for withdrawal of sewerage waters from Baku to the Caspian Sea.

The project implies laying a pipe from Hovsany aeration station (Baku) to the Caspian Sea, estimated at $800 mln-1 bln. WB will take part in the project as a co-investor.

The reconstruction of the water supply and sewerage systems in Baku is estimated at $4 bln. The country's government is looking for creditors, reports rb.ru with reference to Reuters.

/Day.Az/

URL: http://www.today.az/news/business/46669.html

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