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Atlantic International HAYATSU Water Supply Systems Financial Analysis Report

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HAYATSU Water Supply Company

1. Background

The water supply systems in some regions of Azerbaijan, like Balakan, Beylagan and Agjabedi, are in a state of collapse due to insufficient maintenance, ageing and corrosion. The inhabitants of those areas can only rely on wells and private vendors for their daily water requirements.

HAYATSU, the Republic of Azerbaijan’s National Water Supply Company, is a joint-stock company that specializes in water supply and sanitation. HAYATSU, in collaboration with the Asian Development Bank, is planning to implement a Water Supply Project in Balakan. When completed,