Shorouk Express
BAKU, Azerbaijan, April 21. Azerbaijan’s Baku
Metro CJSC held broad-format meetings with delegations from the ADB
and AIIB, Trend
reports.
The meetings, conducted during a joint mission of the two
financial institutions, focused on expanding the metro system
within the framework of the State Program for the Development of
Transport Infrastructure for 2025–2030, approved by the President
of Azerbaijan.
The discussions involved representatives from the Ministries of
Digital Development and Transport, Ecology and Natural Resources,
as well as other relevant agencies. The parties agreed on technical
support, financing mechanisms, procurement procedures,
environmental requirements, and other aspects. Specific stages for
project concept development, technical documentation, and tender
processes were identified.
At the initial stage, plans include completing construction of
the Darnagul and Khojasan electric depots, as well as carrying out
work to separate the “Green” and “Red” lines. In the subsequent
stages, the extension of the Green and Purple lines and the
construction of new stations is planned.
Negotiations on financing the construction of metro stations
with international loans continue, and an agreement was reached to
intensify cooperation.
Stay up-to-date with more news on Trend News Agency’s
WhatsApp
channel
