Second Highway Project - Additional Financing II

Second Additional Financing Highway II

Locations

Type

Road

Status

Completed

Total Reported Cost

Initiatives

Start Date

July 28 2009

Start of Construction

Planned Completion Date

June 30 2015

Contractors

Consultants

Implementers

Operators

Funders

Source(s) Amount
113,000,000 USD
62,000,000 USD
89,000,000 USD

Description

This project followed on the original Highway 2 Project and its first additional financing, which aimed to reduce road transport costs and improve access within Azerbaijan's East-West and North-South corridors.

The second additional financing funded the rehabilitation of the M6 highway between Hajigabul-Bahramtapa and the improvement of select local roads that connect to the M6.

Including the original loan and subsequent AFs, the World Bank contributed $668.85 million to the improvement of Azerbaijan's transit potential, and Azerbaijan contributed $348.96 million. All told, 349 kilometers of highway project roads were improved or rehabilitated, costing a total of $988,825,000.