Baku underground counts on Russian credit

Russia can provide a technical credit of $25 million for reconstruction of the carriage depot of the Baku Underground. The proposal was put forward by Russian President Putin during a recent visit to Baku, chief of the Baku Underground Taghi Ahmadov told a news conference at the Yeni Azerbaijan HQs Friday.

According to him, in February the underground executives held preliminary talks with Russian ministries of finance and economics. If Azerbaijan is satisfied with Russia’s credit terms, it will be allotted.

The underground is going to purchase 50 more railway carriages, repair the existing 40, and purchase ventilators and other equipment.*