Baku Port to in­crease tran­sit of re­gional coun­tries

Azer News - - Business - By Rashid Shirino

Azer­bai­jan has turned the transport sys­tem and ser­vices into one of the main ad­van­tages of the econ­omy and in­tends to fur­ther ex­pand its tran­sit and lo­gis­tics po­ten­tial, Azer­bai­jani For­eign Min­is­ter El­mar Mam­mad­yarov said on Septem­ber 25.

He made the re­marks dur­ing an in­for­mal meet­ing of the Coun­cil of Min­is­ters of the Eco­nomic Co­op­er­a­tion Or­ga­ni­za­tion (ECO) mem­ber states, held in New York.

“Azer­bai­jan is work­ing on the mod­ern­iza­tion and diver­si­fi­ca­tion of transport in­fras­truc­ture, which will serve the in­ter­con­nec­tion of the Trans-Euro­pean and Trans-Asian rail­way net­works,” Mam­mad­yarov said.

The min­is­ter added that the New In­ter­na­tional Sea Trade Port, which is the point of con­ver­gence of all transport routes of Azer­bai­jan, the con­struc­tion of its In­ter­na­tional Lo­gis­tics Cen­ter, and the adop­tion of the Law on Free Eco­nomic Zone in Alat will sig­nif­i­cantly in­crease the tran­sit ca­pac­ity of the coun­tries of the re­gion and the com­pet­i­tive­ness of in­ter­na­tional trade ports.

He fur­ther noted that Azer­bai­jan con­trib­utes to in­creas­ing the tran­sit po­ten­tial of the ECO re­gion by pro­mot­ing East-West, North-South and South-West transport cor­ri­dors.

“We be­lieve that the in­ter­con­nec­tion of ECO rail net­works and steps to de­velop the rail­way in­fras­truc­ture of the re­gion should be­come one of the im­por­tant pri­or­ity is­sues of the ECO agenda,” the Azer­bai­jani FM said.

He also ex­pressed con­fi­dence that an early com­ple­tion of the Qazvin-Rasht-As­tara (Iran) – As­tara (Azer­bai­jan) project, which is an im­por­tant link of the NorthSouth Transport Cor­ri­dor, will give a new im­pe­tus to eco­nomic de­vel­op­ment and ex­pand the transport op­por­tu­ni­ties of the in­volved coun­tries and the en­tire re­gion.

The Baku In­ter­na­tional Sea Trade Port is lo­cated on an area of 400 hectares, of which about 100-115 hectares cover the area for the de­vel­op­ment of the in­ter­na­tional lo­gis­tics and trade zone. The north­ern ar­eas around the port are re­served for fu­ture ex­pan­sion of lo­gis­tics, in­dus­trial, and man­u­fac­tur­ing ac­tiv­ity.

The port is ex­pected to be­come one of the lead­ing trade and lo­gis­tics hubs of Eura­sia. The im­ple­men­ta­tion of all three phases of con­struc­tion is pro­jected to in­crease the ca­pac­ity up to 7,660 tons on a daily ba­sis. The cargo han­dling ca­pac­ity of the port within the first phase is 15 mil­lion tons, in­clud­ing 100,000 con­tain­ers per year. Seven of 12 ex­ist­ing berths serve dry cargo ships, two berths - fer­ries, and two other berths serve Ro-Ro and Ro-Pax ves­sels.

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