AZERBAIJAN: The IsDB has signed an agreement with Azerbaijan to contribute US$96.73 million to the Maiden Tower Climate Resilient Water Project in the Karabakh region of the Central Asian country. The project, which will be managed and executed by the newly formed Azerbaijan State Water Reserves Agency, aims to construct an irrigation scheme for 8,400 hectares of developed land in the Jabrayil and Fuzuli districts, and enhance the water supply conditions for 252,000 hectares of agricultural land in the Mil-Mugan Economic Region.
The agreement was signed on the sidelines of the COP29 event hosted by Azerbaijan in Baku.
