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ECONOMICS
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Baku International Sea Trade Port plans to boost capacity

08 July 2024 16:44

Executive Director of the Export and Investment Promotion Agency of Azerbaijan (AZPROMO) Yusif Abdullayev has stated that the Baku International Sea Trade Port located in Alat intends to expand its capacity.

Abdullayev made these remarks at the conference entitled "Demonstration zone of the Shanghai Cooperation Organisation - Promoting Logistics and Trade in Azerbaijan", Caliber.Az reports.

"The Baku International Sea Trade Port aims to boost its throughput capacity from 15 million tons to 25 million tons," he highlighted.

He also mentioned that Azerbaijani investments have raised the average annual capacity of the Baku-Tbilisi-Kars railway from 1 million tons to 5 million tons.

The Port of Baku, located on the ancient Silk Road connecting Europe and Asia, is a prime transport and logistics hub of Eurasia. It covers an area of 400 hectares. Being an important segment of the Trans-Caspian International Transport Route, the Port of Baku with its modern operating system provides prompt cargo services, as well as has at its disposal open and covered storage facilities designed for all types of cargo. 

Kheyraddin Nasirzade

Caliber.Az
Views: 303

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ECONOMICS
The most important news of economy in Azerbaijan