'Azersu' attracts 75 mln USD from ADB

'Azersu' attracts 75 mln USD from ADB First 3 tranches of 600 mln USD loan allocated for construction of Goychay, Aghdash and Beylagan regions water network
Finance
September 12, 2016 11:15
'Azersu' attracts 75 mln USD from ADB

Baku. 12 September. REPORT.AZ/ The Asian Development Bank (ADB) has lend 75 mln USD for 'Azersu' OJSC.

Report informs citing the ADB, this is the last - 4th tranche of the funds allocated to 'Azersu' within the 'Water Supply and Sanitation Investment Program'.

Totally, first 3 tranches of 600 mln USD loan have been allocated for construction of Azerbaijan's Goychay, Aghdash and Beylagan regions water network.

According to the information, the last 75 mln USD loan will be spent for the construction of the center to improve drinking water supply and wastewater treatment in Aghdash and Beylagan regions.

Notably, Azersu has attracted 75 mln USD from the ADB on the first tranche, 300 mln USD on the second tranche and 150 mln USD on the third tranche.

Latest news

Orphus sistemi