11:34 - 21.11.2025

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November 21, Fineko/abc.az. The Asian Development Bank (ADB) plans to allocate $300 million for the reconstruction of the Baku-Boyuk-Kasik railway as part of the electrification, signaling and telecommunications project of Azerbaijan's railways.

According to ADB, the study of the project details is scheduled for March 1-5, 2027, and the approval of the project concept for September 17, 2027.

"Baku-Boyuk-Kasik is part of the country's East-West railway corridor and handles international freight transportation (export/import/transit) of Azerbaijan Railways CJSC (ADY). Most of the cargo exports take place either on the Baku-Boyuk Kesik route or on the Balajary-Yalama route. The proposed project is aimed at fully equipping the line with modern electrification infrastructure (poles, contact network, substations, cable lines), alarm systems (signals along the track, equipment at stations, cables) and telecommunication systems (railway network communication systems, on-board electronic devices, fiber-optic and wireless communication systems) to complete the supply of alternating current current and alarm systems on this railway corridor," ADB notes.

According to the bank's expectations, the project will increase energy efficiency and improve the safety of railway operation.

Azerbaijan has been a member of ADB since 1999. During this period, the bank invested approx. $5.6 billion in the country, including $4.4 billion in the public sector and $1.2 billion in the private sector. The largest areas of financing are transport ($1.5 billion) and energy ($1.7 billion).

As part of the new partnership strategy, ADB is ready to invest up to $2.5 billion in Azerbaijan.

ADB was established in 1966 and is headquartered in Manila. The Bank unites 69 shareholder countries, of which 50 are countries of the Asia-Pacific region.