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Belarus interested in tighter cooperation with World Bank in transport industry

Economy 13.11.2019 | 19:58
An archive photo
An archive photo

MINSK, 13 November (BelTA) – Belarus is interested in advancing cooperation with the World Bank in transport industry. The matter was discussed as Belarusian Transport and Communications Minister Aleksei Avramenko met with World Bank Country Manager for Belarus Alex Kremer on 13 November, BelTA has learned.

The sides discussed further actions with regard to the project designed to upgrade a transit corridor. The project provides for reconstructing the M6 Minsk-Grodno motorway, improving road traffic safety and the management of the network of automobile roads, and reconstructing the border checkpoint Bruzgi-2. The expected balance of credit resources lent by the World Bank was mentioned. The bank suggested three ways for spending the money. The money can be spent on better traffic safety, particularly in the sections undergoing reconstruction, on creating and running a database of road conditions in order to properly prioritize maintenance and routine repairs, and on financing the feasibility study for reconstructing the M1 motorway.

Photo courtesy of the Transport and Communications Ministry
Photo courtesy of the Transport and Communications Ministry

Aleksei Avramenko said: “No doubt your proposals look interesting. Particularly the part concerning financing the feasibility study for reconstructing the M1 motorway. Even more so because we've already started developing pre-investment proposals. And we are ready to discuss the bank's involvement in this work in more detail.” The Belarusian side expressed interest in tighter cooperation in enhancing the safety of wild animals in the course of modernization and construction of automobile roads.

The sides also discussed the financing of construction of a railway line between the city of Minsk, the China-Belarus industrial park Great Stone, and the Minsk National Airport. The sides agreed to discuss cooperation options in detail after the joint expert group of Belarusian Railways and the World Bank has taken a look at them.

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