Ozgun Yapi Inc., one of our Group companies, won the first part of the project in the tender for the reconstruction of the Ganja-Gazakh-Georgia silk way and its extension to 4 lanes, which is one of the major road projects of Azerbaijan. The agreement of the project, which will be made with the European Bank for Reconstruction and Development (EBRD) loan of 120 million dollars, was signed on 20 November 2018 between Ozgun Yapi Inc. and State Agency of Azerbaijan Automobile Roads. The project is located in the northwest of Azerbaijan between the Ganja city and the border of the Republic of Georgia, and the total length of the project is 130 kilometers. The part which we are the contractor as Ozgun Yapi Inc., is 40 kilometers long. There are 16 bridges, 168 culverts and underpasses in the project, in the part which our company will construct. The project, which is planned to be completed in the last quarter of 2021, is planned to ease transportation and transit cargo transportation of the Republic of Azerbaijan
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