CBA: Over 477M manats spent on new administrative building construction

To date, a total of 477.44 million manats ($280.85 million) has been spent on the construction of the new administrative building of the Central Bank of Azerbaijan (CBA) in the Nizami district of Baku, Report informs, citing the CBA.

According to the bank, 434.703 million manats ($255.7 million) have been spent on the contract concluded with the general contractor and other organizations, and 42.74 million manats ($25.1 million) on other capital investments. Roughly 153.883 million manats ($90.6 million) are planned to be spent further, meaning the building will cost the CBA 631.32 million manats ($371.4 million).