TANAP, Shah Deniz 2 to give impetus to Azerbaijan`s economic growth in 2018
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 reports.
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.