CAREC is a practical, project-based program that has grown from 6 projects worth $247 million in 2001, to 166 projects worth around $27.7 billion in 2015.
Projects in Azerbaijan
As of 2015, CAREC has mobilized around $4.47 billion for 21 projects involving Azerbaijan. These projects have helped improve transport, trade, and energy infrastructure and policies, and have spread the benefits of better connectivity.
(Back to CAREC Azerbaijan main page)
Complete Projects List
Each project entry contains detailed information, including a description, country coverage, priority area or sector, expected outputs and outcomes, approval and expected completion dates, funding type and amount, and related links and documents.
You can view the
complete list of funding agencies below.
ADB = Asian Development Bank, AOJSC = Azerenergy Open Joint-Stock Company, EBRD = European Bank for Reconstruction and Development, EU = European Union, EU-TACIS = European Union-Technical Assistance for the Commonwealth of Independent States, IsDB = Islamic Development Bank, Saudi Fund = Saudi Fund for Development, Shared = Shared, UNDP = United Nations Development Programme, WB = World Bank