Minister: Projects under Ilham Aliyev let Azerbaijan strengthen its position in transit, logistics
By Trend
The projects being implemented under the leadership of President Ilham Aliyev allow Azerbaijan to hold a leading place in the region in the field of transport, transit and logistics, Azerbaijani Economy Minister Shahin Mustafayev told Trend Feb. 22.
He said that these projects, including the construction of the Baku International Sea Trade Port and the Baku Shipyard, meet the highest standards.
“The work implemented in the country is the result of the economic policy by President Ilham Aliyev,” Mustafayev said. “One of the main directions of this policy is the transformation of Azerbaijan into a transport hub through the use of the country’s geographical position. As is known, the North-South and East-West routes pass through Azerbaijan. A lot of work is being done to turn Azerbaijan into a transport hub. In particular, railways and highways are being built and reconstructed. The Baku International Sea Trade Port was commissioned last year. In 2013, the Baku Shipyard was put into operation.”
On Feb. 21, Baku hosted the ceremony of launching the first oil tanker produced in Azerbaijan. Commenting on this event, Mustafayev noted that this tanker is one of four vessels built on the basis of an agreement between Azerbaijan Caspian Shipping Company CJSC and Baku Shipyard LLC. In general, the agreement provides for the construction of two vessels of the Ro-Pax type and two tankers, he said.
“One of these tankers was launched today,” he noted. “Its construction entered the last stage. Ninety percent of all work has already been completed and, as expected, the tanker will be fully ready in June this year. At the same time, one of the Ro-Pax-type vessels will be commissioned this year, while the second Ro-Pax-type vessel with another tanker will be commissioned next year.”