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Azerbaijan Second Highway Project
road
Cities
Baku
✸ Azerbaijan
Shamakhi
Azerbaijan
Alat
Azerbaijan
Masalli
Azerbaijan
Distance
660km
new
– kmrehabilitated
660kmexisting
– kmCost
$1b
$1,027,990,000
Phases
operational, 2015
Objective
"The main project development objective is to reduce road transport costs and improve access, transit and road safety within Azerbaijan's East-West and North-South corridors." - World BankDescription
Upgrading some sections of the Alat-Masalli road of the Baku-Iran highway (M3) and rehabilitating the Baku-Shamakhi road (M4).History
The finance from WB went through restructuring and also got additional financing. The result is the (re)construction of segments of different highways, some 2lanes, some 4 lanes, stretching out from Baku. The final cost does not differ too much from the plan.Finance
$675000000 loan
The World Bank
Bank
$352990000 investment
Government of Azerbaijan
Government