KfW to increase financing of water project in Azerbaijan

The joint project of the German Development Bank (KfW) and the Switzerland State Secretariat for Economic Affairs (SECO) for  the next stage of Water Supply and Sewage Project in Secondary Cities in Azerbaijan focused on the Ganja and Shaki cities expands not expecting practical implementation.

In December, the Azerbaijani and the German governments agreed on expansion of financing of the project.

“In this connection, KfW will increase its loan for the project,” a source said.

Presently, tender has been announced to select a contractor to carry out work in these cities.
The interested claimants have started submitting their bids.

Technical consultant of the project and developer of tender documentation Swiss company Colenco Power Engineering Ltd. submitted packages with tender documentation to customer Azersu OJSC and financing side KFW.

The project technical consultant is Switzerland’s Colenco Power Engineering Ltd.

/Abc.az/