(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 1. The Asian
Development Bank (ADB) has provided a $1.2 million technical
assistance grant for the preparation for the Irrigation and
Drainage System Development Project in Azerbaijan's Nakhchivan
Autonomous Republic, Candice McDeigan, ADB Country Director in
Azerbaijan, told trend .
"The project design is at its final stage and is scheduled for
approval in 2023," she added.
According to McDeigan, the project will support the use of
high-level technology for the rehabilitation and modernization of
five irrigation systems in Nahkchivan.
"It is expected to provide irrigation water to more than 43,000
hectares of farmland in five districts of Nakhchivan Autonomous
Republic (Sadarak, Sharur, Kengerli, Babek, and Julfa), accounting
for about 80 percent of the total irrigated land in the republic,"
The country director noted that this initiative will also help
strengthen the institutional capacity of the executing and
implementing agencies and Water User Unions for improved irrigation
To date, ADB has committed 65 public sector loans, grants, and
technical assistance totaling $3.7 billion to Azerbaijan.
Cumulative loan disbursements to Azerbaijan amount to $3.93
billion. These were financed by regular and concessional ordinary
capital resources. ADB's ongoing sovereign portfolio in Azerbaijan
includes 2 loans and 1 sovereign guarantee worth $856.8
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