TODAY.AZ / Business

BNP Paribas assigns $320 mln for road project to Azerbaijan

14 June 2008 [09:04] - TODAY.AZ
A credit agreement was signed yesterday in the Ministry of Transport of Azerbaijan with French bank BNP Paribas on project of reconstruction of Baku-Shamakhi-Yevlakh, Yevlakh-Zaqatala-Georgian border highways.
Day.Az reports with reference to the press service for the Ministry of transport the document was signed by Minister of Transport Ziya Mamedov and representatives of BNP Paribas Michelle Marechale and Cecille Bes Advan.

In line with the contract, the French side will allot a credit of $320 mln for 4 years. The project envisions reconstruction of the Mughanly-Yevlakh section of Baku-Shamakhy-Yevlakh highway and Yevlakh-Zaqatala-Georgian border.

/Day.Az/
URL: http://www.today.az/news/business/45681.html

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