On Monday Ilham Aliyev chaired a conference devoted to the results of the execution of the State program on socio-economic development of Baku and surroundings in 2011-2013. The president opened the conference, and then spoke the chief executive of Baku, Hajibala Abutalibov; Minister of Economy and Industry Shahin Mustafayev; chairman of "Azersu", Korkmaz Huseynov, and chairman of "Azeristiliktejizat", Yashar Hasanov. Head of State spoke at the conference closing remarks. Detailed report from the event will be published on the site of president later. -16D-
Economics
-
Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
-
Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
-
The architectural company El & En has received several contracts worth a total of AZN 805,593 from the Committee for Urban Planning and Architecture. Additionally, the Territorial Construction Planning Center commissioned projects from the private company El & En worth several hundred thousand manats. These architectural projects involve work in liberated territories and other regions of Azerbaijan. The co-owner of this company, along with his son, is Elbay Gasimzade, the head of the Public Council under the State Committee for Urban Planning and Architecture and simultaneously the Chairman of the Union of Architects.
-
The State Oil Company of Azerbaijan (SOCAR) will begin issuing "green" bonds on January 15, with a total issuance volume of USD 200 million, according to an official SOCAR statement cited by Turan.
Leave a review