The Islamic Development Bank (IDB) has allocated the first loan for the construction of a main irrigation canal from the Giz Galasi reservoir, the President of the Islamic Development Bank, Muhammad Al-Jasir said, Paralel.Az reports.

He said that the Islamic Development Bank (IDB) is proud to sign the first loan for the construction of a main irrigation canal from the Giz Galasi reservoir in Garabagh: "We, as the Islamic Development Bank, have signed the first loan for the from Giz Galasi reservoir project in Grabagh, which will serve approximately 1.6 million people. This is a very important development project."

"I assure President Ilham Aliyev that we look forward to expanding our presence here. We have the capacity to expand the number of projects we can finance. We look forward to expanding the relationship between the Islamic Development Bank and Azerbaijan in many areas of economic development. We are very excited. We are very positive and we look forward to new, important projects in this country," he said.