Thursday, July 08, 2004

BakuTODAY.net Iran funds highway between Baku and Iran

BakuTODAY.net: "Iran Allocates $120 Million Loan for Highway Reconstruction

AssA-Irada 08/07/2004 12:38

The Iranian government has decided to allocate $120 million for the reconstruction of the highway extending from Baku to the Astara region bordering on Iran.
The feasibility study on the 240-km Astara-Salyan road, which is part of the Baku-Astara highway, will be prepared shortly.
Afterwards, Iran?s Transport Ministry will forward the document to the Export Development Bank and the Export Guarantee Fund. "

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