Azerbaijan Second Highway Project

road

Distance

660 km
new
– km
rehabilitated
660km
existing
– km

Cost

$1b
$1,027,990,000

operational

2015

Objective

"The main project development objective is to reduce road transport costs and improve access, transit and road safety within Azerbaijan's East-West and North-South corridors." - World Bank

Description

Upgrading some sections of the Alat-Masalli road of the Baku-Iran highway (M3) and rehabilitating the Baku-Shamakhi road (M4).

History

The finance from WB went through restructuring and also got additional financing. The result is the (re)construction of segments of different highways, some 2lanes, some 4 lanes, stretching out from Baku. The final cost does not differ too much from the plan.

Finance

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$0.7b loan
The World Bank
Bank
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$353m investment
Government of Azerbaijan
Government

Governing authorities

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