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LOANS & CREDITS

Azerbaijan: Third Highway Project

May 25, 2010



IBRD Loan: US$171.6 million

Terms: Maturity = 17 years; Grace = 4 years

IDA Credit: US$70 million equivalent

Terms: Maturity = 20 years; Grace = 10 years

Project ID: P118023

Project Description: The project objective is to contribute to a more efficient and safer Baku-Shamakhi road as part of the upgrading to motorway standards, and to improve the management of the nascent motorway network.


Media Contacts
Elena Karaban
Tel : 202-473-9277
Ekaraban@worldbank.org

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