The Government of Azerbaijan is endeavoring to transform Azerbaijan Railways (ADY) into a profitable company and to improve railway service delivery. It has requested the Asian Development Bank (ADB) to finance (i) railway sector and corporate reforms and ADY financial restructuring; and (ii) improvements to railway infrastructure, particularly along the north-south railway corridor.
This program preparatory technical assistance (PPTA) will prepare (i) a comprehensive policy matrix for the policy-based loan covering institutional and operational changes at ADY, financial restructuring at ADY, and other policy areas as needed in full consultation with all key railway stakeholders; (ii) a feasibility study for repair and rehabilitation of the double-track section between Baku and Yalama (border with Russia); and (iii) ADB loan processing documents, including a sector assessment; technical, economic, and financial appraisals; environmental, social, and poverty impact assessments; procurement preparation and project implementation arrangements.
|Funding Agency||Amount (USD millions)||Notes|
|Asian Development Bank||0.33|