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International cooperation

Azerbaijan and Asian Development Bank Sign Technical Assistance Agreement on Public-Private Partnership

Strategic Insights

— 1 min read

The Azerbaijan State Water Resources Agency (ADSEA) and the Asian Development Bank (ADB) have formalized their commitments under a Technical Assistance Agreement, aimed at fostering cooperation in public-private partnership (PPP) initiatives in Azerbaijan. The agreement was signed during a meeting between ADSEA Chairman Zaur Mikayilov and ADB Country Director for Azerbaijan Sunniya Durrani-Jamal. The discussions focused on leveraging technical assistance projects with the ADB to address water scarcity challenges and optimize hydrological resource governance in the country.

Key Takeaways:

  • The Azerbaijan State Water Resources Agency (ADSEA) was established via a presidential decree on March 30, 2023, to optimize hydrological resource governance and mitigate challenges associated with water scarcity.
  • The agency was formed through the amalgamation of antecedent hydrological governance bodies into a singular, cohesive framework.
  • The Technical Assistance Agreement was signed between ADSEA and the Asian Development Bank (ADB) to formalize their commitments on cooperation in public-private partnership (PPP) initiatives in Azerbaijan.
  • The agreement aims to address water scarcity challenges and optimize hydrological resource governance in the country.
  • ADB Country Director for Azerbaijan Sunniya Durrani-Jamal represented the Asian Development Bank in the meeting, alongside other key officials including Regional Director for Private Sector Development Enrico Pinali and Director of Markets Development and PPP Office Mohammed Azim Hashimi.
  • First Deputy Chairman of ADSEA Khayyam Mammadov, Advisor to the Chairman Asad Shirinov, and Head of the Strategy, International Cooperation, and Science Department Riad Akhundzade attended the meeting from the agency.

Statistics:

  • The Azerbaijan State Water Resources Agency (ADSEA) was established on March 30, 2023.
  • ADSEA aims to optimize hydrological resource governance and mitigate challenges associated with water scarcity in Azerbaijan.

Sources:

  • Trend News Agency. "Azerbaijan State Water Resources Agency, Asian Development Bank sign Technical Assistance Agreement." September 13, 2025.

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