OREANDA-NEWS. February 25, 2010. ADIF executive director Azad Javadov says tat all the required agreements and treaties have been signed.

“We’ve already sent our requisites to KfW and these days await to receive money from this loan,” he added.

The loan finances of EUR 5 million will be placed in Fund’s foreign accounts for ADIF recapitalization.

Currently the Fund keeps USD6.4 million and EUR 562,000 in foreign accounts, while its overall assets reach AZN 18 million.

ADIF started operating on 13 August 2007.