TODAY.AZ / Business

IDA and IBRD to finance ecological programs in Azerbaijan

09 June 2008 [14:40] - TODAY.AZ
The WB group and the government of Azerbaijan have prepared a joint ecological program.
The Azerbaijani government has previously put forward several issues to the final protocol of talks between the bank and the ministries and the structures of the country.

The credit will near $152 mln.

The program of the credit includes three agreements- with the Ministry on Emergency Situations, with the State Oil Company and the Ministry of Ecology and Natural Resources.

The funds will be allocated by a mixed scheme-by provisions of the International Development Association and International Bank for Reconstruction and Development.

In line with the new project, the Ministry of Emergency Situations will assist to modernization of the polygone of radioactive wastes. The polygone is intended for burial of wastes from two enterprises of iodine in Surakhany and Ramany settlements of Absheron.

Moreover, it is planned to hold cleaning works on the area of 800 hectares in the region, adjacent to the Baku international airport named after Heydar Aliyev.

/Neftegaz.Ru/
URL: http://www.today.az/news/business/45544.html

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