JSC Azeryolservis at the Ministry of Transport has announced a tender for the construction of a 32.2 km section of Alat-Astara highway, which runs from the train station to the city Jalilabad Masalli. The tender will allow companies to meet not only the technical but also the financial criteria.
According to the technical requirements of the construction of the road, it has a new road axis. On this road there are 15 road and a railway bridge, two other road node. Construction work to be completed in 2.5 years.
Note that Alat-Astara highway is an important component of two major international transportation projects - the "North-South" and "East-West". It is on the transport route linking Russia, Azerbaijan and Iran, which is an important part of the North-South corridor. Part of the road from Alat to Masalli is 112 kilometers long and is constructed by loans from the World Bank and the Government of Azerbaijan. The rest of the road (Masalli-Astara) is constructed by the Asian Development Bank. ADB for road construction in Azerbaijan approved a loan of $ 500 million, of which to date they have allocated $ 400 million for the construction of the Masalli-Astara road. - 08D-
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review