The Asian Development Bank (ADB) will allocate grants worth USD 4.1 million to Azerbaijan for the development of energy, transport, finance, education, water area, as well as public administration in 2015-2017, the ADB said.
ADB will allocate three grants totaling USD 2 million to Azerbaijan in 2016. The first grant worth USD 1 million will be directed to prepare the “Railway sector investment project”.
These funds will be allocated as part of the business plan for transactions in Azerbaijan in 2015-2017, ADB said.
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