 | Underground seeking investors |
The Baku Underground is seeking an investor to build a subway line to the northern part of the city, but all talks remain fruitless due to low tariffs of the tube.
To build an underground tunnel to northern part of Baku, in the direction of the 7th and 8th micro-districts and Darnagul and Binagadi settlements will cost $140 million. The project envisions construction of three stations in this direction and a railway depot. According to the chairman of the Underground Taghi Ahmadov, the group is currently looking for a foreign investor to implement the project.*
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Issue: March, 3, 2001
POLITICS
President Aliyev leaves for Paris500th anniversary of Sefevid state to be markedAround 400 NGOs in Azerbaijan
ECONOMICS2-month offshore drilling plan fulfilledProduction boom thanks to oil extractionState enterprises pay AZM1.5 trillion in taxBank expanding network of int'l transfersNew grant program announcedFood make up two thirds of turnoverInterior design, construction exhibition due in BakuUnderground seeking investors
ECOLOGYCaspian is no North Sea
NEWS OF BAKUBars to work till midnight
MISCELLANEOUSInt'l conference on refugees expected
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