Dubai free zone ready to be new Baku port operator

Bailovo, Baku, Azerbaijan

Image via Wikipedia

Baku, Fineko/abc.az. The new Baku International Sea Trade Port, being built in Alat settlement 65 km south of Baku, can get quite a tough operator – the Dubai free zone.

Azerbaijani Transport Minister Ziya Mammadov says that the Dubai free zone, which operates 30 ports around the world, has already offered its services for the launch of the new Baku port.

“Today, these companies cannot cooperate with Azerbaijan due to the absence of multimodal transportation,” the minister said.

He points out that work is underway currently within the first phase of the port construction, after which port capacity will reach 15 million tons a year. After all the three stages are finished, its capacity will be brought up to 25 million tons.

“The current port has become fully outdated and does not meet international standards and modern technologies. Besides, its capacity is only 5-10 million tons a year,” Mammadov said.

via Azerbaijan Business Center – Dubai free zone ready to be new Baku port operator

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s