2024-06-27 23:44:58
The European Funding Financial institution (EIB) is offering technical help to the transport sector of Azerbaijan.
As reported by Day.Az, the pinnacle of the EIB regional workplace within the South Caucasus, Maciej Chura, advised Pattern about this.
“Along with financing, the EIB International platform supplies advisory help and technical help within the preparation and implementation of initiatives. We’re presently offering advisory help to enhance security at stage crossings alongside the Baku-Boyuk Kesik railway hall, an essential hyperlink within the Trans-European Transport Community (TEN-T) Center Hall,” he stated.
In keeping with him, this help helps Azerbaijan Railways in analyzing and prioritizing actions, in addition to in growing related design research.
“The EIB supplies this help below the Jap Partnership Funding Programme for Connectivity (EPIC). Funded by the European Union and managed by our advisory programme Joint Help to Help Tasks in European Areas (JASPERS), EPIC affords Jap Partnership nations free advisory help and technical help to enhance transport connectivity,” defined Maciej Czura.
We word that the quantity of recent EIB Group financing signed in 2023 reached €88 billion, whereas €49 billion was allotted to inexperienced finance. EIB International, the event arm of the EIB answerable for operations outdoors the EU, signed an settlement for brand spanking new financing value €8.4 billion in 2023.
Subscribe to our WhatsApp channel and keep updated with the newest information!