$40 mln to be invested in railway

$40 million in foreign investment will be invested in the Azerbaijan railway in 2001. According to the railway office, the means will mainly target the development of the locomotive depot and modernization of the alarm system on the Baku-Beyuk Kasik section.
The source added that due to an increase in freight turnover, a number of corresponding projects will be implemented in Russian direction. AZM40 billion of the EBRD $20 million credit will be used this year.*

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Issue: March, 6, 2001


PARLIAMENT NEWS

Shift for Latin script due overnight


POLITICS

No truce achieved in Paris talks


ECONOMICS

Sumgayit butadiene exported to Russia

New SES expert due on visit

$40 mln to be invested in railway

Wholesale prices on industrial goods rising

Azeri financiers to attend Paris Forum


HEALTH

Japan helps open GYN center in Ganja


ACCIDENT

Azeri shot dead on Georgian border

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