Cabinet announced a series of rulings on the 11th December 2012, includes a review of funding for some public investment projects, among them the important objects of road transport infrastructure. As a result, went up by 19.8 million manat two road project, which is scheduled to be completed this year.
According to the decree, to increase the share of the state's participation in the construction of two-lane highway Yevlakh-Ganja allocated 8.861 million manat. In 2012, these targets were 12 million manat. This project is co-financed by South Korean banks' Shinhan Bank. " The Korean side has allocated in 2008 under the project loan of $ 165 million, but the Azerbaijani government are not reported. The length of the road is 87.23 km. The project also includes the construction and repair of 15 bridges, five pedestrian crossings, bus stops, nine, two more to go driving of cattle. Road subject to the commissioning of the first half of 2012.
At the completion of two new bands of 80 km highway Hajigabul-Kurdamir allocated from the state budget is 10.9 million manat. In 2011-2012, government investment for this project is 28.3 million manats. The initial cost of the project has been named in a $ 352 million, 85% of which is financed by Komercni Banka AS (Czech Republic). Work on the expansion of the road began in the summer of 2011. As part of this work is planned to build five road junctions and one 4-span bridge over the river Girdiman for 72 linear meters. - 08B-
Economics
-
A detailed review of legislative norms and e-government services across various business environment domains has been prepared and published by the working group of the Business Environment and International Ratings Commission, focusing on electricity network connections.
-
The draft law "On Amendments to the Tax Code," adopted in its third reading, provides for tax exemptions on the sale of locally manufactured buses in Azerbaijan and the supply of spare parts for these vehicles. This was reported by the Tax Service under the Ministry of Economy, explaining that the government's initiative aims to support business development in the country by reducing the tax burden. The exemption will come into effect on January 1, 2025, and will remain valid for eight years.
-
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.
-
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.
Leave a review