Improvements to the Azeri section of the trans-Caucasian link, through track renewal, improvements to a tanker wagon workshop and commercialisation initiatives.
Project objectives: To improve the Azeri section of the trans-caucasian rail link, which is the main international transit route between Baku and the Georgian ports, major repairs to a washing station and the introduction measures to corporatise the Azerbaijan State Railways.
The project is expected to improve the ability of Azerbaijan State Railways to offer more reliable rail freight transport services, through infrastructure investment and the implementation of a five-year business plan.
Azerbaijan State Railways.
Loan of US$ 20.2 million (EUR 19.2 million) and grant funding of US$ 8 million (EUR 7.7 million) from the EC Tacis programme.
US$ 36.11 million (EUR 34.74 million).
The project was classified as B/0, requiring an Environmental Analysis. The investment project was preceded by a pre-investment study. This included provision for the identification of the main environmental impact of the recommended investments and consultation with the Azeri environmental authorities. The Environmental Analysis led to a condition of the Bank’s involvement in the financing of the investments which obligates Azerbaijan Railways to develop an in-house capacity for environmental management and to implement a specific Environmental Management Plan for the Balajari Wagon Washing Plant, the most environmentally significant component of the project. The Plan outlines a number of specific actions to reach regulatory compliance in the areas of air emissions, waste management, materials handling and storage, as well as energy conservation, waste reduction, occupational health and safety and emergency response.
Technical cooperation will be available for assistance with project implementation and with commercialising the Azerbaijan State Railways.
For business opportunities or procurement, contact the client company.
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Text of the PIP