Azerbaijan Highway 3 Additional Financing

Organization Unknown

Director: Elizabeth C. Wang

Country/countries of implementation: Azerbaijan

Geographical coverage: Regional

Source: International Bank For Reconstruction And Development

Start Date: 1970-01-01

End Date: 1970-01-01

Website http://projects.worldbank.org/P156377/?lang=en&tab=details

Keywords private sector development Public Sector Management Urban and Rural Development

Description

The objective of the Additional Financing (AF) for the Third Highway Project is ‘to contribute to more efficient and safer Baku-Shamakhi road and higher quality road services as part of the upgrading to motorway standards, and to improve the management of the nascent motorway network.’ The AF Loan will finance the scaling up and restructuring of the Third Highway Project through financing for remaining works to upgrade the M4 road from Baku to Shamakhi to the category one motorway standards, including expansion to four lanes of km 13.3- km15 and km 91-km107 and pavement strengthening works for existing lanes between km 15-km 91. The AF will also support the modernization of motorway management and maintenance through financing technical assistance and one-time capital investment for establishment of regional motorway maintenance units.

Participants