Finance

Home page

Finance

Azerbaijan signed contracts worth $ 2 bln. with contractors in framework of ADB projects during last 5 years

18 May 2020 13:07 (UTC +04:00)

Azerbaijan signed contracts worth $ 1.965 bln. with contractors and suppliers in framework of the projects financed by the Asian Development bank (ADB) during 2015-2019, "APA-Economics" reports citing the ADB.

The volume of the contracts signed with the consulting companies for consulting services in the framework of these projects amounted to $ 7.04 mln..

Note that so far Azerbaijan has signed 161 contracts worth $ 2.48 bln. with contractors and suppliers in the framework of the projects financed by ADB.

Remind that beginning from 1999, the ADB has allocated to Azerbaijan the funds amounting to $ 5.1 bln. in the form of assistance, credit line, grant, etc. in the framework of cooperation with Azerbaijan.