TANAP, Shah Deniz 2 to give impetus to Azerbaijan's economy
Staff Writer |
The implementation of gas infrastructure projects TANAP and Shah Deniz 2 is expected to provide impetus to growth of Azerbaijan's economy from 2018, according to the Transition Report of the European Bank for Reconstruction and Development (EBRD), Azertac.
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EBRD expects the country's GDP to increase by 2 percent in 2018.
EBRD has been cooperating with Azerbaijan since 1992. During this period, the bank has invested around $2.8 billion in the country's economy. ■