President of Azerbaijan Ilham AliyevIn his statement at the Informal Summit of Heads of State of the Organization of Turkic States (TDT) held in Budapest, he said, “Azerbaijan’s The 9th airport will be opened soon“ He gave the good news. This development is considered as part of Azerbaijan’s aim to further strengthen its position in regional and global logistics networks.
Huge Investments in Transportation Infrastructure and Emphasis on the Middle Corridor
President Aliyev, in total, sent a letter to the member countries of the Organization of Turkic States (TOTS) More than 20 billion USD investment He reminded them of what they did. Aliyev drew attention to the financial dimension of the cooperation by saying, “It is envisaged that the Turkish Investment Fund will officially start operating this year.”
Stating that cooperation in the field of transportation has been strengthened, Aliyev said that in recent years, transportation infrastructure in Azerbaijan has been improved, especially to highways, railway lines, sea ports, shipbuilding yards and air transportation He emphasized that large amounts of investments have been made. As a result of these investments, Azerbaijan, although it has no access to the open seas, It has become one of the important transportation and logistics centers of Eurasia. noted.
Aliyev said that the volume of transit transportation of Türkiye and Central Asian states through Azerbaijan will increase by 2024. 11 million tons He stated that new cooperation formats were created with neighboring countries and joint enterprises were established.
The Strategic Role and Capacity Increase of the Baku-Tbilisi-Kars Railway
President Aliyev, The Baku-Tbilisi-Kars (BTK) railway is an important component of the Middle Corridor. the carrying capacity was financed by Azerbaijan last year It was increased from 1 million tons to 5 million tons He explained. This capacity increase will significantly strengthen the effectiveness of the Middle Corridor and its role in regional trade. Aliyev also stated that they attach great importance to the digitalization of the Middle Corridor.
Breakthroughs in the Shipbuilding Industry
In addition to the general developments in transport infrastructure, Azerbaijan’s progress in the shipbuilding sector is also noteworthy. Aliyev said,10 new ships are being built at Baku Shipyard“By sharing this information, he demonstrated his determination to increase the country’s maritime transportation capacity.
Azerbaijan’s new airport and ongoing logistics infrastructure projects will strengthen the country’s strategic position in Eurasia and contribute to more efficient regional and global trade. These developments are concrete examples of cooperation between the Organization of Turkic States.
