
The highway which was refurbished two years ago is again under repair
Twelve kilometers of the highway Baku-Shamakhi-Yevlakh (160-172 km), one of the main highways of Azerbaijan (M4), is again under repair. State JSC "Azeryolservis" the Ministry of Transport said today (http://azeryol.az/az/news/view/558/), that this route has not been repaired for years. Although, according to the same source (http://azeryol.az/az/content/396/) even reconstruction of this highway has not finished. Realization of this project began in May 2010, and was to be completed in May 2013.
For the reconstruction of the highway Yevlakh-Muganli (145 km) M4 the government borrowed from the French bank BNP Paribas. Contractor works (OOO "Azerinshaatservis") notes (http://goo.gl/OmJmvD), that under this project it used $259.8 million. In addition, the government is also funding from the state budget part of these works. The credit agreement was ratified in 2008 (http://e-qanun.az/framework/15588). 08B
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