Skip to Main Navigation

Second Additional Financing Highway II

Development Objective

The main project development objective is to reduce road transport costs and improve access, transit and road safety within Azerbaijan's East-West and North-South corridors, through upgrading some sections of the Alat-Masalli road of the Baku-Iran highway (M3) and rehabilitating the Baku-Shamakhi road (M4).

Key Details

Project Details

  • P100668

  • Closed

  • Jacques Bure

  • N/A

  • Azerbaijan

  • May 6, 2009

  • (as of board presentation)

    June 24, 2009

  • N/A

  • US$ 175.00 million

  • B

  • May 16, 2023

  • June 30, 2015

  • BANK APPROVED

  • P094488

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 113.00
Borrower/Recipient 43.75
IDA Credit 62.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 113.00
IDA Commitment 62.00
IBRD + IDA Commitment 175.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 218.75

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.