Vusal Gasimli: Cost of Caspian water purification project exceeds 400 million manats

12:22 - 19.11.2025


November 19, Fineko/abc.az. Large projects are to be implemented in the coming years.

ABC.AZ informs that executive director of the Center for Analysis of Economic Reforms and Communications (CAERC) Vusal Gasimli made the relevant statement at the 9th International Banking Forum in Baku.

He also revealed some of the mentioned projects: "One of them is the project on purification and desalination of the Caspian Sea water, the cost of which exceeds 400 million manats. And for implementation of water and transport strategies, an investment package for 2027-2030 in the amount of 5-10 billion manats is being discussed."

CAERC’s head stressed that in general, during 2020-2030, the state investments will be at the level of approx. 4 billion manats a year.