Second Road Network Development Investment Program, Tranche 1
Summary
The first project under the multitranche financing facility will fund a 30-kilometer section between Masalli and Jalilabad and support project implementation. The project will boost trade and improve access to services for poor rural communities.
Expected Outcome
The second investment program aims to generate economic growth in Azerbaijan and expand its trade with neighboring countries.
Expected Outputs
Project 1 will fund two components: Infrastructure Development Component. Construction of an approximately 30-kilometer section of the new motorway between Masalli and Jalilabad of the Masalli–Shorsulu road; Project Implementation Support Components. Project implementation support to ARS for construction supervision and program management covering planning, procurement, project preparation, and implementation.
Project Types
Loan
Funding
Funding Agency | Amount (USD millions) | Notes |
---|---|---|
Asian Development Bank | 250 | |
Government of Azerbaijan | 62 | |
Total | 312 |