AZERBAIJAN's president Ilham Aliyev, in addressing in the recent BRICS Summit in Kazan, Russia, highlighted the transportation and logistics potential of Azerbaijan, reports Baku's Caspian News.
President Aliyev said the geographical location and modern infrastructure of azerbaijan on the south western shores of the Caspian Sea opens ample opportunities to reshape the Eurasian trade.
'Azerbaijan has become one of the world's key transportation and logistical hubs. The east-west and north-south transport corridors pass through our territory. All segments of these transportation routes within the territory of Azerbaijan are operating successfully,' said Mr Aliyev.
The sharp rise in cargo traffic through the territory of Azerbaijan encourages additional investments into the projects to enhance the capacity of these corridors.
Azerbaijan holds a critical position in both the east-west and north-south transport corridors, connecting Europe, Asia, and the Middle East, and boosting economic cooperation in the region.
The country's 3,000-kilometre railway grid has been modernised significantly, with major upgrades to its east-west and north-south lines.
The Baku-Tbilisi-Kars (BTK) railway on the East-West route, known as the Trans-Caspian International Transport Route (TITR) or the Middle Corridor, links Azerbaijan with Georgia and Turkey, providing a shorter, faster, and safer transit route to Europe.
In May, Azerbaijan Railways announced the completion of the US$250 million project for increasing the BTK's throughput capacity from one million to five million tons.
Since January, over 210 block trains, including over 420,000 tons of both import and transit cargo, have been sent from China via the Middle Corridor toward Azerbaijan.
By this yearend, more than 300 trains are expected to travel westward. Beijing intends to send at least 1,000 trains on this route per annum. In 2023, a total of 105,265 TEU containers were transported by Azerbaijan Railways, which was 30 per cent more than in 2022.
SeaNews Turkey
President Aliyev said the geographical location and modern infrastructure of azerbaijan on the south western shores of the Caspian Sea opens ample opportunities to reshape the Eurasian trade.
'Azerbaijan has become one of the world's key transportation and logistical hubs. The east-west and north-south transport corridors pass through our territory. All segments of these transportation routes within the territory of Azerbaijan are operating successfully,' said Mr Aliyev.
The sharp rise in cargo traffic through the territory of Azerbaijan encourages additional investments into the projects to enhance the capacity of these corridors.
Azerbaijan holds a critical position in both the east-west and north-south transport corridors, connecting Europe, Asia, and the Middle East, and boosting economic cooperation in the region.
The country's 3,000-kilometre railway grid has been modernised significantly, with major upgrades to its east-west and north-south lines.
The Baku-Tbilisi-Kars (BTK) railway on the East-West route, known as the Trans-Caspian International Transport Route (TITR) or the Middle Corridor, links Azerbaijan with Georgia and Turkey, providing a shorter, faster, and safer transit route to Europe.
In May, Azerbaijan Railways announced the completion of the US$250 million project for increasing the BTK's throughput capacity from one million to five million tons.
Since January, over 210 block trains, including over 420,000 tons of both import and transit cargo, have been sent from China via the Middle Corridor toward Azerbaijan.
By this yearend, more than 300 trains are expected to travel westward. Beijing intends to send at least 1,000 trains on this route per annum. In 2023, a total of 105,265 TEU containers were transported by Azerbaijan Railways, which was 30 per cent more than in 2022.
SeaNews Turkey
