Azerbaijan to start application of toll roads system

Azerbaijani government and Asian Development Bank studies the opportunities of toll roads application, Head of the Permanent Mission of the Asian Development Bank in Azerbaijan Olli Noroyono said.
 
To him, ADB has confirmed the second Multitranche Financing Facility – MFF financing agreement of the projects realized in highway system of Azerbaijan. Within the framework of this agreement, $500 mln loan will be allocated to Azerbaijani government: ‘In the first tranche, about $250 mln will be allocated to reconstruction of Jalilabad-Masalli motor road’.

 
ADB official noted that some research would be conducted within the framework of MFF-II: ‘The advisory company, which will conduct research, has already been selected and they will start the researches in future. Researches include different spheres of road-transport complex, including launching of toll roads. This process will be completed and the results will be submitted to the country’s government at the end of 2013.


/APA/