16:43 - 14.12.2022

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December 14, Fineko/abc.az. “Azerbaijan has one of the largest civil air cargo fleets in our region, with 18 cargo planes. It is planned to add nine more aircrafts to our cargo fleet over the next 10 years.”

ABC.AZ reports that Azerbaijani President Ilham Aliyev made this statement, when delivering speech at the expanded-format meeting with the presidents of Turkiye and Turkmenistan in the city of Turkmenbashi.

The head of state said that the Baku International Sea Trade Port has an annual handling capacity of 15 million tons, with funding envisaged to increase its capacity to 25 million tons.

“Last year, we laid the foundation of the Alat Free Economic Zone on the shores of the Caspian Sea, and the first residents have already settled there. We would like to invite companies from Turkiye and Turkmenistan to benefit from opportunities available in the Zone.

In 2017, together with my dear brother Recep Tayyip Erdogan, we inaugurated the Baku-Tbilisi-Kars Railway. In addition, more than 100 million US dollars will be invested in this project, and its handling capacity will be increased from the current one million to five million tons.

Azerbaijan has the largest commercial fleet in the Caspian Sea, with over 50 cargo ships. The Baku Shipyard, commissioned in 2013, is currently operating at its full capacity. This facility is capable of building any type of vessel,” the president said.