Azerbaijan, Iran to cooperate within ADB road project
A contractor for the reconstruction of the third section of the Masalli-Astara Highway will be defined after reaching agreement with Iran over the work on construction of bridge envisaged within this highway project, a source in the Azeryolservis JSC of the Azerbaijani Transport Ministry told Trend.
"The contractor on conducting of construction work in this section hasn't been determined yet. The issue will be more topical only after Azerbaijan and Iran agree and clarify the issue of conducting work on the border, in particular, on the bridge construction," the source said.
Referring to the construction work in A and B sections of the road, the source said that work in the first section continue despite the delays. "There are certain delays, which can be explained with significant volume of work in this road section," he noted.
According to him, currently, the constructor company --Turkish "Özgün Yapı" -- prepares to start construction work on the second section of the highway.
This highway project is implemented through the funds attracted from the Asian Development Bank and the country's government.
The loan worth around $200 million was allocated by the Asian Development Bank for construction of the highway's first (A) section (22.15 kilometers) and to date, up to 50 per cent of the resources has been used.
Azerinshaatservice is the contractor for the construction of the highway's first (A) section.
The work in B and C sections is planned to be completed by 2016 as the time for the use of loan resources extended for two years due to delays in attracting contractors.
The contractor will construct two-lane road length 19.35 kilometers, 10 bridges, two intersections and pedestrians, four recreation areas and a drainage system.
The work in these sections will be financed at the expenses of the agreement signed on July 27, 2012 in Baku on allocation of the third tranche in the amount of $200 million from around $500 million worth first program of multi-tranche crediting (Multiannual Financial Framework) for road network.
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