In 2015, Iteca Caspian has scheduled 19 specialized exhibitions and 2 conferences. From April 2, will open three exhibitions dedicated to the tourism sector ("Travel and Tourism» AITF, «Everything for hotels and supermarkets» HOREX Caucasus and "Boats and Yachts» CIBS), who on the eve of the active tourist season will show the most current trends and services.
Next held will be the transport exhibition TransCaspian and Road & Traffic (12-14 May).
In the "Year of Agriculture" in Azerbaijan there is increased interest in the food industry exhibition World Food Azerbaijan and agricultural exhibition Caspian Agro, which is scheduled for May 21-23. They are expected to be attended by over 250 companies.
There will also be an exhibition of traditional oil and gas industry, health, education, environment, telecommunications, etc.
The main innovation of this year, visitors will be "plastic card visitor", which will open its holder free access without registration. Over 30% of visitors chose to use the Fast Track service in 2014. In a short time the organizers of exhibitions will introduce electronic registration by downloading mobile applications on Android phones and iOS. ---08D
Economics
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On January 30, Azerbaijani President Ilham Aliyev has signed a decree approving the State Program for the Improvement of Transport Infrastructure in Baku and Surrounding Areas for 2025-2030, aiming to modernize the capital’s urban mobility and reduce congestion, the presidential press service said on Tuesday.
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Goldman Sachs has revised its oil price forecasts, raising its projections for Brent and Azeri Light crude by $2 per barrel for both 2025 and 2026, setting the estimate at $78 per barrel. The adjustment reflects expectations of tighter supply conditions driven by geopolitical risks, including U.S. sanctions affecting Russian oil production and potential future restrictions on Iranian crude exports.
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Azerbaijan Railways (AZD) has launched rail transit shipments from Zira Port, located 45 kilometers east of Baku, strengthening the country's position as a logistics hub on the Middle Corridor.
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Azerbaijan’s state-owned electricity producer, Azerenergy, is advancing the construction of six hydroelectric power plants (HPPs) in the Kalbajar and Lachin districts as part of the country’s efforts to expand its renewable energy capacity. The plants, with a combined capacity of 37.5 megawatts (MW), are expected to be commissioned in the first half of 2025, according to the company.
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