M4 Baku-Shamaki and M3 Yenikend-Shorsulu Highways (Upgrade)

Third Highway Project

Locations

Type

Road

Status

Under Construction

Total Reported Cost

Initiatives

Start Date

May 25 2010

Start of Construction

2010

Planned Completion Date

Dec. 31 2019

Funders

Source(s) Amount
171,600,000 USD
138,270,000 USD
70,000,000 USD
140,000,000 USD
15,500,000 USD

Description

The Third Highway Project in Azerbaijan continues the efforts of the previous Second Highway Project. It primarily aims to improve the efficiency and safety of the Baku-Shamakhi M4 road by upgrading 94 kilometers of the highway from two lanes to four. On October 31, 2013, the project was restructured to also include the 48-kilometer rehabilitation of the Yenikend-Shorsulu section of the M3 Alat-Masalli motorway. To fund the additional works, Azerbaijan increased its contribution from $114.55 million to $138.27 million. On April 7, 2016 the IBRD granted additional financing worth $140 million to scale up rehabilitation efforts, and Azerbaijan agreed to another $15.5 million contribution.