Baku Bus Waits for Start of European Games
A year has passed since creating Ltd. Baku Bus by the decision of the Cabinet. The new bus company will begin providing services on or after the beginning of the first European Games - the 12th of June.
The routes that will be run by the buses of this company have not even been defined. The decision of the Cabinet of Ministers on 3 April 2014 entrusted the resolution of this issue to the Ministry of Transport and the Executive Power of Baku City.
In February this year, President Ilham Aliyev visited the construction site of a bus depot Ltd. Baku Bus, during which he was accompanied by Finance Minister Samir Sharifov. It was stated that 302 buses Iveco were purchased in France. The new company will employ about 900 people, including 650 drivers.
For the formation of the authorized capital of Baku Bus in 2014, the state budget allocated 30 million manat. Local media say that only for the purchase of 150 buses a French company was paid $ 68 million.
The site Ltd. Baku Bus (www.bakubus.az) gives no information about its activities.
To pay the cost of travel on Baku Bus by plastic cards, terminals Baki Kart are being installed in metro stations.
According to the Ministry of Transport, passenger transport in Baku is employed by 32 companies, which operate more than 2,800 buses. The Ministry of Transport operates the state-run Baki Sernishin və Yuk Dashimalarinin Teshkili (the organization of passenger and cargo traffic in Baku). Baku Bus operates under the Executive Power of Baku. --08B
Economics
-
Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
-
Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
-
Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
-
Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
Leave a review