During his visit to Baku Executive Director of the Asian Development Bank Anthony Baker discussed on September 11 in Baku, the implementation and financing of projects implemented in Azerbaijan water supply and sanitation.
The Department of Public Relations of JSC Azersu told Turan that the president of the water distribution company Korkmaz Huseynov and the bank's representative commended the contribution of ADB's water infrastructure in Azerbaijan.
ADB financed jointly with the Azerbaijani government project "Water supply and sewerage services" and "Urban water supply and sanitation." These projects are carried out in Goychay, Agdash, Beylagan, Aghjabadi and Balakan regions. The size of the ADB loan for the first three areas is $ 70 million. In 2012-2013 from the state budget there was allocated 9 million manat. It is noteworthy that the government is funding the reconstruction of water supply and sanitation since 2009, and in 2009-2010 spent to this end, 13 million manat. Construction and installation work in these areas continues.
In JSC Azersu they reported that work on the Aghjabadi and Balakan districts is in the preparatory phase, although according to the NGO coalition National Budget Group (www.budget.az) in 2009-2013 to improve the water supply and sewerage system in these two areas, and Beylagan the government allocated 11 million manat.
In 2013, the government investment from the state budget for the development of water infrastructure will amount to 734.4 million manat. This is to 154.4 million manat more than last year. - 08D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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