A ceremony of the launching of the first of six units of the floating dock took place in the city of Nizhny Novgorod (Russia) on 30 November. It will be the largest dock in the Caspian Sea by its parameters (capacity - 8 tons, length - 158 m, width - 37 m, height - 13 m.)
According to the press service of Azerbaijani State Caspian Shipping Company (ASCSC), it is planned to deliver the dock to a new Baku Shipyard, where six blocks will be connected to it. Construction of blocks started in December 2011. The value of the contract to ship repair and shipbuilding corporation is $ 27.5 million. Docks are purchased at the expense of the state budget of Azerbaijan.
Over the past nine years the company purchased abroad 10 tankers, six ferries, and one freighter. Only for the beginning of December 2012, there were the fleet of the ASCSC totaled 84 trade ships, including 43 tankers, 13 ferries, and 25 dry cargo carriers. --08B—
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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