EBRD Names Timing For New Project Launch In Azerbaijan's Ganja
Date
8/13/2022 1:06:26 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, August 13. The European Bank
for Reconstruction and Development (EBRD) plans to sign a new
project in Azerbaijan's city of Ganja in September 2022, the EBRD
official told Trend .
'We plan to sign the Ganja Street Lighting Project, during the
visit of the [bank's] President Odile Renaud-Basso to Azerbaijan,'
the source said.
According to the EBRD official, this project will support the
introduction of modern and energy-efficient street lighting
infrastructure for Ganja residents.
'As part of this Project, we also plan to sign the agreement for
an investment grant in the amount of 2.5 million euros allocated by
E5P Fund, which is supported by European Union and other
international donors,' the source added.
As Kamola Makhmudova, EBRD Country Head for Azerbaijan mentioned
earlier, in parallel, the EBRD has launched the preparation of the
Green City Action Plan for Ganja city in June this year.
'This is a comprehensive, integrated and multi-disciplinary
strategic plan to develop Ganja's long-term vision for
infrastructure assets development,' she said.
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