WORLD BANK PREPARATION MISSION ON POWER TRANSMISSION PROJECT
WILL BE VISITING THE COUNTRY
Baku, October 27, 2003 - The World Bank team lead by Mr. Bjorn Hamso will travel
to Azerbaijan during October 27-November 4, 2003 to look into issues of financial
and procurement management of the project, and to discuss instrument options
that can make the International Bank for Reconstruction and Development lending
available to the Government.. It is worth to note that this project will be
the first IBRD lending to the country.
The mission will also discuss the Project Concept Note for the Energy Sector
Study and supervise the third Public-Private Infrastructure Advisory Fund project.
The mission will also meet with the Ministry of Economic Development, Ministry
of Fuel and Energy and other ministries to discuss the issues relevant to Development
of the Regulatory Framework and Institutional Capacity in Electricity, Natural
Gas, and Water.