home . news & publications . Investment News . Azerbaijan to Fully Commission New International Sea Port by End 2015

Azerbaijan to Fully Commission New International Sea Port by End 2015

Azerbaijan's Transport Ministry plans to fully commission the new international sea trade port in the Alat district by the end of 2015, Deputy Minister of Transport Musa Panahov said.

"The transfer of existing Baku international sea port from the capital will be carried out by the end of 2015," Panahov stressed.

A new port at the Alat settlement in Baku's Garadagh district is currently under construction by the Complex Construction Directorate under the Transport Ministry.

Construction work that started in November 2010 is carried out in three stages. The first phase of the project involves the construction of two ferries and three cargo berths for receiving containers and conventional bulk carriers; the second phase of the project envisions the construction of three additional cargo berths, and the third one concerns the construction of two more cargo berths.

In the first stage, the port will be capable of handling up to 10 million tons of cargo; in the second stage, its capacity will reach 17 million tons of cargo and in the last stage, the port will handle 25 million tons of cargo.

In addition to a logistics center, a free economic zone will be created in the territory of the port in the future. Construction work will cost the Azerbaijani government more than $1.1 billion.

Source: AzerNews

Back to top

subscribe

events view our upcoming events.

network follow us.



   facebook  linkedin  twitter

 bp
anglo-asian ata-holding
azpetrol statoil
bny_melon azertrans
chevron_logo conocophillips
  ibar exxonmobil
 solar-turbines boeing-logo-website
 
  
 
           
        
   
 
 
         pg
    ekvitasocaraqs            
          ge