ADB in talks over Baku sustainable urban transport investment program
By Aynur Jafarova
An ADB-funded consulting team, arrived in Baku in late August, has held formal consultations with the relevant ministries, agencies, and development partners to continue preparation of the Baku sustainable urban transport investment program.
The consulting team started its work in October 2013 under a $925,000 project preparatory technical assistance grant provided by ADB to Azerbaijan, ADB said on September 4.
The team led by David Margonsztern, ADB's urban development specialist, also held a workshop at the Transport Ministry to present the draft final report.
The workshop chaired by Deputy Transport Minister Musa Panahov discussed strategies to improve urban transport in Baku and examined priority projects including urban railway improvement, introduction of light rail transport and bus rapid transit, urban bus reorganization, parking management, and improvement of junctions.
The final report is expected to be presented in December 2014.
ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, it is owned by 67 members - 48 from the region. In 2013, ADB assistance totaled $21 billion, including co-financing of $6.6 billion.
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