Recently, 163 vehicles for sanitary and domestic purposes have been delivered to Baku. They were purchased through technical assistance from China to the Government of Azerbaijan.
The public services for health and community of the capital and other cities, including the Nakhchivan Autonomous Republic, will receive 130 cars for transportation of solid waste, 20 vehicles that collect waste water and 13 water trucks valued at $ 8 million. All the equipment was manufactured by the Chinese company JAC Motors.
China has also provided 30 additional containers for the collection of household waste.
The Chinese Government has provided technical assistance to Azerbaijan in the amount of $ 24.5 million to improve the sanitary and utility infrastructure.
The Azerbaijani Government has allocated from the reserve fund of the state budget funds to produce 6,910 containers. The order for manufacturing these containers until the end of this year has been received by Ltd. Baki Universal Mashinqayirma. - 08D-
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review