The State Committee for Urban Planning and Architecture (SCUPA) is working on a draft master plan of three cities. To this end, a design company is attracted through open tender.
It is planned to update the master plans of the regional centers Bilasuvar, Tovuz and Guba. A source in SCUPA told Turan the existing basic urban documents for these cities were last approved at least 30 years ago.
Today, in 33 cities across the country the construction work is carried out on the basis of documents approved after Azerbaijan’s gaining independence in 1991. At the stage of development and approval of master plans are eight cities (Salyan, Agjabedi, Goychay, Shamkir, Mingachevir, Masalli, Gusar and Khachmaz). ------08D
Economics
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Azerbaijan produced 28,394.1 million kilowatt-hours (kWh) of electricity in 2024, according to operational data released by the Ministry of Energy.
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The 10th meeting of customs heads from the Organization of Turkic States (OTS) commenced in Baku on Tuesday, bringing together senior officials from Azerbaijan, Turkey, Kazakhstan, Uzbekistan, and Kyrgyzstan. Representatives from the United Nations, the International Road Transport Union (IRU), and the customs authorities of Georgia and Hungary also participated.
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
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