Intelligent Transport Control Center (ITCC) is finalizing a draft of dislocation of parking in the city of Baku, which will be submitted to the Ministry of Transport. In total, according to preliminary data, it is necessary to unload the road toll underground of 160-170 and surface parking areas, said general manager of the ITCC, Elnur Abdullayev.
The bulk of park (over 70%) will be calculated for 300 cars. Park sites will be designed for 100 and 2000 cars. According to Abdullayev, the fee for parking should determine the Tariff (Price) Council with consideration of zonal principle of their arrangement.
Referring to problems with parking taxi, ITCC head said that the issue will be resolved before the end of this year. In addition,it is planned to create 3.4 taxi parks. It is noteworthy that most of the privatized taxis in Baku have changed their profile.
Today in Baku there are a number of private car parks. Two large underground parking lots in front of the Government House at Azadlig square and behind the Heydar Aliyev Palace are being built with budget funds. Shopping and entertainment center "Azure" Nobel Avenue building its own car park. --08C--
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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