Head of EBRD Permanent Representation: "EBRD to allocate 750 mln euro to projects in Azerbaijan"

Kamola Mahmudova

© APA | Kamola Mahmudova

# 22 September 2022 15:29 (UTC +04:00)

"We plan to allocate 750 million euros of loans to 30-35 projects in Azerbaijan over the next three years," said the head of the Permanent Representation of the European Bank for Reconstruction and Development (EBRD) in Azerbaijan Kamola Mahmudova told APA.

"These are bigger projects than ever before, and both the public and private sectors participate here. 20-30% of the projects are related to the transport sector. The rest is related to energy, production areas and private sector," she said.

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