Baku: ‘Baku Metro’ CJSC has announced extensive discussions with delegations from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB), aiming to secure financing for the metro system’s expansion. The discussions are part of the State Program on transport infrastructure improvement for 2025-2030, as decreed by the President of Azerbaijan.

According to Azeri-Press News Agency, representatives from Azerbaijan’s Ministries of Digital Development and Transport, Ecology and Natural Resources, along with relevant agencies, joined the three-day meetings. The talks resulted in agreements on technical support, financing mechanisms, procurement procedures, and environmental requirements. Specific steps were outlined for project concept preparation, technical document development, and tender processes.

The initial phase plans include completing the construction of the ‘Darnagul’ and ‘Khojasan’ electric depots and separating the Green and Red lines. Future stages involve continuing construction on the Green and Purple lines and building new stations.

During the meetings, the delegation inspected both ongoing and planned construction sites. Negotiations regarding financing through international loans are still underway, with all parties agreeing to strengthen their cooperation.