Baku Mayor"s Office may receive development plan in January
As Turan was told, the transmission of the Regional Development Plan of Greater Baku to the Executive Power of the capital has been moved to January.
Currently, the State Committee for Architecture and Urban Planning of Azerbaijan is finishing completion and approval of the project, to then submit it for approval to the Cabinet of Ministers.
Earlier it was planned to transfer the project to the executive branch in the autumn of this year. The project has a long history and revised several times. Finally, on May 15 this year, he was presented to the public.
One of the main goals of the project is to turn Baku into a model metropolis. The plan calls for a comprehensive response to the socio-economic and environmental improvement of the city with a view to preserving historically formed the central part of Baku.
The cost of the Regional Development Plan for Greater Baku is estimated a total of about 140 billion manats. Of them directly in the development of Baku is planned to invest 90 billion. manat.
These funds will be allocated for social needs, reducing the burden on the city, transport and municipal infrastructure, environmental and business projects.
The project, which will be implemented until 2030, covers part of the city of Baku and Absheron region, as well as Sumgayit city with a total area of 282 000 hectares.
The project has four main components: 1) modernization of the center of Baku, 2) the construction of a satellite town with a population of 200 thousand near the settlement Alat with the transport node and the new international airport, 2) development of the city in the south-east, where there is a resort area, 4) reconstruction of a residential zone in the direction of the capital to the city of Sumgait, including the city itself.
Particular attention is paid to the environmental rehabilitation of the capital. For this purpose, oil refineries and other industrial facilities will be transferred outside of Baku. At the presentation in May it was reported that the park area around the lake Boyukshor to the Seaside Boulevard will create a green belt with width up to 700 meters, which will create an ecological corridor that will connect the north and south of the capital.
Experts believe that the population of Greater Baku in 2030 will grow by 1 million people and will reach 3.8 million people. -0
-
- Want to say
- 2 October 2014 13:45
-
- Economics
- 2 October 2014 14:47
Economics
-
Azerbaijan is poised to increase wheat imports for the 2024-2025 season following a significant drop in domestic wheat production this year. According to data from the State Statistics Committee, the country harvested 1.68 million tons of wheat in 2024, marking an 8.1% decline from the previous year. This downturn in output, combined with rising import volumes in recent months, indicates that Azerbaijan may lean more heavily on foreign suppliers to meet its wheat needs.
-
Azerbaijan Railways CJSC (ADY) has announced the restructuring of its container transportation management in an effort to enhance the efficiency of transit cargo transportation. As part of this reorganization, ADY Express will merge with ADY Container starting on November 1, 2024. The consolidation is aimed at expanding the range of services offered in both container and carriage transportation.
-
Azerbaijan has introduced a legal framework enabling the electronic state registration of legal entities with foreign investments, regardless of whether their founders are individuals or legal entities, according to the State Tax Service. The announcement was made by Samira Musayeva, Deputy Head of the State Tax Service, during a meeting of the "Entering Business" Working Group.
-
The World Bank aims to deepen its involvement in Azerbaijan's economic development through a new partnership framework program, according to discussions between Azerbaijani officials and World Bank representatives. The proposed framework, which will cover the years 2025-2029, is designed to support the country’s transition to an innovative and less resource-dependent economy.
Leave a review