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More than one bln Manat invested in railway of Azerbaijan

More than one bln Manat invested in railway of Azerbaijan
More than one bln Manat invested in railway of Azerbaijan

In 2019, the Azerbaijani Railway obtained AZN 299.8 million income from freight and passenger transportation.

The rate is 10.7% more than it was in 2018.

Besides, last year, 1,300,300.000 Manats were invested in the development of the railway infrastructure of Azerbaijan, and 653,900,000 Manats represented state investments.

As Georgian experts say, the development of the Azerbaijani railway infrastructure is a good example saying that the railway is an essential component of the economy, and the money invested is the most reasonable investment.

The Center for Research of the Transport Corridor of Georgia states that the modernization of the Georgian railway is inevitable. The organization emphasizes that Georgia should not lag behind the development of the railways of Azerbaijan and Turkey.

The Center emphasizes that Georgia links with Turkey and Azerbaijan by an essential strategic project, Baku-Tbilisi-Kars railway.

As the Research Center reiterates, Georgia should also try to approach the European railroad standards to allow European freight carriers to start using the transport corridor of Georgia.

As the organization reports, all this requires roads for smooth ground transportation, improved railway infrastructure to increase rail freight, and port infrastructure development.

The organization emphasizes that the port infrastructure cannot develop without the deep sea-port of Anaklia.

The Center for the Study of the Transport Corridor of Georgia says that the government does not pay due attention to the logistics and transport sector.

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