Estimated cost of Baku Bay bridge revealed
Baku, June 19 (AZERTAC). The estimated cost of a road bridge across Baku bay is $1.8bn, said a department head at Azerbaijan's Transport Ministry Sadraddin Mammadov.
“South Korea’s Dong Sang Engineering will present a feasibility study for the bridge to the Transport Ministry by the end of July,” he noted.
He said the study would subsequently be presented to the government.
“There is a plan to create an international consortium for the project to invest in the development, planning and operation of the bridge. As soon as the new bridge repays the investments, it will be transferred to Azerbaijan,” added Mammadov.
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